BCS is a wholly-owned subsidiary of NETS that plays a role in managing and operating Singapore’s national clearing and payment infrastructure. This includes systems like FAST (Fast And Secure Transfers), Interbank Giro, eGiro, PayNow, and the SGQR Central Repository.
Alex brings over 30 years of experience in the technology industry to this new role. Previously, Alex held positions such as Technology Chief Operating Officer and Managing Director at DBS. He has experience in technology, operations, and project management.
The new CEO has also led large-scale programmes focused on technology resiliency and complex, multi-stakeholder projects.
Prior to his role at DBS, Alex served as Chief Executive Officer and Managing Director of DBS Technology India, DBS Group’s overseas technology development centre. He also served as Director of Technology & Operations and Managing Director at PT DBS Bank Indonesia.
Lawrence Chan, Group CEO of NETS, expressed confidence in Mr. Woo’s ability to lead BCS. He highlighted Alex’s track record in driving transformative initiatives and organisational change.
He emphasised that the new CEO’s background and experience in industry projects would be instrumental. It would enable better service for financial institutions and end consumers.
The CEO of BCS, Alex Woo, conveyed his enthusiasm for the opportunity to lead the BCS team and collaborate with the broader NETS Group and industry players to contribute to Singapore’s payment landscape. He acknowledged the importance of managing Singapore’s payment infrastructure.
Alex Woo
“I am honoured to be appointed to guide the organisation to achieve operational excellence in its new phase of transformation,” said Alex Woo, CEO of BCS.
Earlier in his career, Alex gained experience at JPMorgan Chase and Hewlett-Packard. He holds a Master of Business Administration from Henley Management College and a Bachelor of Science in Computer Science and Information Systems from the National University of Singapore.
