Family office and philanthropy forum 2017
"Philanthropic opportunities for UHNW families" L-R Edmund Leow Dentons Rodyk, Chew Kwee San Tecity group, Lee Oi Kum Taiko group & FBN Asia, Ng Wai Hoe SingHealth & Lee Woon Shiu Bank of Singapore (moderator)
Event highlights
18 September 2017 – Recognizing the need to provide a platform for family leaders and influencers to connect in support of boosting the family governance process and building the family legacy, Bank of Singapore hosted its inaugural family office and philanthropy forum at The Fullerton Hotel in Singapore.
The forum presented the views of keynote speakers from BDO Singapore, Withers and Dentons Rodyk. It also gave a snapshot of lessons learned by successful business owners, prominent donors and academics in their succession planning and philanthropic endeavors.
"Family governance - bedrock to successful planning" L-R Stacy Choong Withers Khattar Wong, Clinton Ang CornerStone Wines, Eric Lew Wong Fong Engineering, Lee Oi Kum Taiko group & FBN Asia, Mark Farrell BOS Trustee Limited (moderator)
Topics covered
Family office by Kylie Luo, BDO LLP, Singapore
Family governance & family constitution by Stacy Choong, Withers KhattarWong
Philanthropic vehicles by Edmund Leow, Denton Rodyk
Engineering solutions & strategies for the mega wealth family: Bank of Singapore's perspective by Lee Woon Shiu, Bank of Singapore
Event photos
Lee Oi Kum, Taiko group & Family Business Network Asia, recalling a funny anecdote. “Philanthropy is a matter of giving back to the community, deepening relationships within the family and proper wealth planning. It is all about collaboration and governance.”
Edmund Leow, Senior Partner, Dentons Rodyk “Singapore's infrastructure, connectivity and regulatory framework form a strong foundation to support local and regional philanthropy.”
Chew Kwee San, Executive Director, Tecity Group “Collaborative philanthropy helps spread the load so that you can reach a much bigger audience. You give much better and you track your outcomes a lot better.”
Ng Wai Hoe, Deputy Group Chairman Medical Board SingHealth is involved in education of healthcare personnel. “There's opportunity of extending beyond the borders because philanthropy shouldn't solely be in Singapore.”
Stacy Choong, Partner, Withers KhattarWong explained a family constitution listed the values and principles that backed the conduct of a family business, outlining its short and long-term strategic goals.
L-R Clinton Ang, Managing Director CornerStone Wines & Eric Lew, Executive Director, Wong Fong Engineering on family constitution not allowing wives to get involved in the family business.
