Governance and Board of Trustees
The Straits Times School Pocket Money Fund is a Trust governed by a Board of Trustees, supported by a team of full-time staff headed by a General Manager. Our governance policy outlines the roles and responsibilities of our board. The fund was awarded the 2022 Charity Transparency Award (CTA) by The Charity Council The CTA recognizes charities with good disclosure practices and transparency standards.
* Board members do not hold staff appointments and are not remunerated for their board services.
* All trustees are appointed, by majority vote, for a term of three years. No trustee shall serve on the board for more than 10 years. The Treasurer is appointed for a maximum limit of three (3) consecutive years.
* STSPMF has in place a conflict of interest policy that requires, inter alia, that [Trustees], and any staff, volunteer and major donor, declare any interest in contracts of STSPMF or organisations that STSPMF has dealings with, and to abstain from discussion, decision-making and voting on the matter. STSPMF has no related entity. The Board ensures that there are documented policies for internal controls and processes, financial matters and regularly monitors the charity's key risks and expenses.
* STSPMF believes in upholding the highest level of integrity. The fund has a Code of Ethics for Board, staff and volunteers and a whistle-blowing policy.
*Board self-evaluation is conducted once in three years to assess the performance and effectiveness of the board. The board achieved an overall score of 97% in the most recent evaluation.
*STSPMF abides by an Anti-Money Laundering / Countering Financing of Terrorism policy, which sets out the measures adopted by the charity to guard against the risks of money laundering and terrorism financing in the course of its charitable activities.
*STSPMF Environmental, Social & Governance (ESG) Policy sets out the environmental, social and governance principles adopted by the Fund in its operations, charitable activities and investments:
The Trustees are:
Jaime Ho Chun-Wei
Chairman (since 1 February 2023) and Trustee (since 13 January 2023)
Jaime is the Editor of The Straits Times, where he is responsible for all aspects of the newsroom's operations and growth.
Before joining SPH Media Group in October 2022, Jaime’s career had spanned more than 25 years across journalism and the Singapore civil service. He served in the Ministry of Foreign Affairs between 1997 to 2013, overseeing issues such as bilateral relations with Europe and climate change, while also serving in Washington, D.C. and Geneva.
Jaime joined Mediacorp in 2013 as Associate Editor before becoming Deputy Chief Editor. He was appointed Chief Editor of CNA Digital in January 2016, a role he held until April 2022. Under his leadership, the team successfully navigated a period of significant audience growth, and the platform won several accolades. Jaime also wrote extensively at Mediacorp and fronted several broadcast events for CNA.
From June to October 2022, Jaime was also a Partner at FGS Global, a global strategic advisory, where he led its Singapore office and its operations locally and regionally.
Jaime graduated from the National University of Singapore with a BA (Hons) in 1997, and also holds a Master in Public Management from the Lee Kuan Yew School of Public Policy in 2006.
Arthur Lang
Trustee (since 16 October 2015)
Mr Arthur Lang, was appointed Group Chief Financial Officer of Singtel on 1 April 2021. He also oversees the management of the Group’s regional associates and its portfolio of strategic telecom investments. He is spearheading Singtel’s efforts in GXS, the regional digital bank joint venture with Grab.
Arthur joined Singtel in January 2017 as CEO, International. Before joining Singtel, he was Group CFO of CapitaLand, where he also ran CapitaLand’s real estate investment management business. He was awarded the Best CFO (Large Cap) at the 2015 Singapore Corporate Awards. Prior to CapitaLand, Arthur was at Morgan Stanley where he was Co-head of the Southeast Asia investment banking division and Chief Operating Officer of the Asia Pacific investment banking division.
Arthur was named Chairman of the National Kidney Foundation in November 2020. He is also a board member of Bharti Airtel, Intouch Holdings, AIS, GXS Bank, Singapore Tourism Board and sits on the Advisory Board of the Lee Kong Chian School of Business, Singapore Management University. In 2018, Arthur was awarded the Public Service Medal for his contributions.
Arthur has an MBA from the Harvard Business School and a BA in Economics (magna cum laude) from Harvard University.
Karamjit Kaur
Secretary (since 1 October 2020) and Trustee (since 1 October 2020)
Karamjit is Associate Editor (News) at The Straits Times. She has been with the media company since 1995 and was writing on aviation for 16 years before taking on a supervisory role in 2019.
She now spends most of her time working with supervisors and journalists across various teams to grow ST's audience reach and engagement across all platforms.
An NUS honours graduate, Karamjit is a music lover and loves hanging out with friends.
Lee Su Shyan Jeanette
Trustee (since 2 May 2022)
Su Shyan joined The Straits Times in 2000. She previously headed the newspaper's daily economic and business news coverage since 2010. Under her leadership, the team has bagged awards for scoops and investor education. Trained as a UK chartered accountant, Su Shyan has won several business journalism awards at ST as well as from investor body Securities Investors Association of Singapore (SIAS) for her corporate governance stories and business reporting. She has also headed the Investor Relations and Corporate Communications functions at SPH. Most recently, Su Shyan was as Associate Editor at The Straits Times where she focused on investing issues and financial literacy. Presently, Su Shyan is Associate Editor (News) at The Business Times, overseeing daily news coverage.
Jennifer Lewis
Trustee (since 30 April 2018)
Jennifer Lewis leads Temasek Trust's Advocacy and Partnerships Pactice, and also focuses on developing the ecosystem synergies of the philanthropic entities. Jennifer began her corporate communications journey at GIC after more than twenty years as a journalist with leadership roles in broadcast, print and online platforms. She also advises several artificial intelligence and digital asset start-ups.
Aside from The Straits Times School Pocket Money Fund, Jennifer also serves on the Board of SIM University, OnePeople.sg and APSN.
Zakir Hussain
Trustee (since 1 October 2020)
Zakir Hussain is Associate Editor at The Straits Times. He joined the paper in 2005 as a political reporter before taking on the role of a foreign correspondent, and was based in Jakarta as Indonesia bureau chief from 2012 to 2014. He was also political editor, foreign editor and news editor, before taking on his current role.
Zakir has a bachelor's degree in history and politics from Oxford University, and a master's degree in journalism from Columbia University, both obtained on a Singapore Press Holdings scholarship. He is also a vice-president of the Singapore Press Club, and a board member of Gardens by the Bay.
David Hoe
Trustee (since 16 October 2021)
David Hoe is a Principal Business Architect with YTL Powerseraya Pte Limited & was conferred the President’s Volunteerism & Philanthropy Award: Leader of Good (Youth) in 2021.
David is the founder of I Am Talented, which seeks to provide students from disadvantaged backgrounds with opportunities to discover their talents in non-academic pathways. During the Circuit Breaker period in 2020, David also founded Project Stable Staples, where they provide financial assistance for large families living in rental communities.
David also currently serves as a District Councillor for the Central Singapore Community Development Council championing matters relating to social mobility. Prior to his current profession, David was a pioneering educator at Eunoia Junior College and a community partnership officer at the Ministry of Education, UPLIFT programme office.
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Deanna Ong
Trustee (since 1 November 2021)
Deanna Ong is Chief People Officer and Managing Director at GIC, responsible for Human Resource & Organization, and Corporate Governance for the GIC group. GIC is a global investment management company established to manage the foreign reserves of the Government of Singapore, investing in public equities, fixed income, real estate, private equity and infrastructure assets.
As Chief People Officer, Deanna oversees people strategy to attract, develop and retain talent for enterprise performance, seeded with the right values and culture for GIC. As part of the Group Executive Committee, her areas of focus include talent strategy, leadership development, reward and engagement for organization effectiveness. As Company Secretary, she oversees corporate governance and client relations.
Deanna was previously Director Finance from 2009 to 2014, where she headed the Finance Group responsible for financial management across GIC’s portfolio, covering financing arrangements for assets, tax planning, investment holding structures, accounting and management of revenue and expenditure.
Deanna is currently a board member of Swiss Re Ltd, the National University Health System and Wealth Management Institute International Pte Ltd. She holds a Bachelor of Accountancy from the Nanyang Technological University of Singapore and completed the Stanford Executive Programme.
Lai Pei Si
Treasurer (since 20 October 2024) and Trustee (since 1 August 2024)
Lai Pei Si is the CEO of GXBank Malaysia, the first Digital Bank in Malaysia. She leads a team of dynamic financial professionals and technologists who are passionate about transforming and redefining financial services.
An expert in the financial services industry, Pei Si has an extensive experience and deep customer centricity honed over 25 years in retail banking, wealth management, corporate finance, product and business management, as well as governance, in both local and international markets. Prior to her current role, she held senior management positions in Standard Chartered Bank in the region and specifis markets in Malaysia, Brunei and Singapore.
Pei Si graduated with a Bachelor of Social Science (Honours) at National University of Singapore, with a major in Economics & Political Science.
Lau Hui Ling
General Manager (since June 2023)
Hui Ling leads the team at The Straits Times School Pocket Money Fund. Prior to this, she held different commercial roles in the airline industry, spanning across planning, business development, project management and marketing.
Hui Ling has a Bachelor of Social Sciences (Honours) from National University of Singapore.
