Company Profile

British and Malayan Trustees Limited (“BMT”) has been providing trust services to families, companies, financial institutions, charities and high net worth individuals from its headquarters in Singapore since 1924. A pioneer member of the Singapore Stock Exchange, BMT is uniquely positioned as a licensed independent trust company, offering the stability and flexibility to meet bespoke needs of clients. BMT also holds a Capital Markets Services License in Singapore.

We are a full-service trust company assisting clients globally. Our clients are located in various regions including Australasia, Asia, the Middle East, Europe and North America. Our business is split evenly between corporate and private trusts. We also act as custodian trustee for real estate assets for a number of Singapore based clubs and charities.

BMT is a fully owned subsidiary of British & Malayan Holdings Limited (“BMH”) which is listed on the SGX.

 

Mission Statement

To provide our clients with dependability and assurance that transcends generations.

Our Core Values

British and Malayan Trustees Limited.

Security

British and Malayan Trustees Limited.

Integrity

British and Malayan Trustees Limited.

Value

Meet Our Team

  • British and Malayan Trustees Limited.
    Colin Lee Yung-Shih

    Non-Executive Non-Independent Chairman

    Mr Colin Lee Yung-Shih was appointed to the Company’s Board of Directors in February 1994. He is also a member of the Company’s Audit Committee. Mr Lee is the Managing Director of Chartered Asset Management Pte Ltd and holds a Bachelor’s degree in Science.

  • British and Malayan Trustees Limited.
    David Anthony Koay Siang Hock

    Non-Executive Director

    Mr David Koay was appointed as the Group CEO of British and Malayan Holdings Limited on 1st March 2021. He has over 35 years of diversified & extensive banking experience in Private Banking, Corporate & Investment Banking, having worked in various regions in SEA, Australia and the Middle East. His areas of expertise include Wealth Management, Corporate Finance, Corporate Banking, Treasury & Audit. Was involved in numerous green field & start-up projects regionally.

    Previously, David held several senior positions with various International banks (Public Bank, Citibank, Macquarie Bank, Standard Chartered Bank, BNP Paribas, Maybank), and was the CEO of Measat Satellite Systems Berhad and Group Treasurer of several large companies (Australia & Malaysia).

    David holds an MBA from RMIT Australia & a Bachelor of Economics from La Trobe University Australia. David is a regular trainer at Wealth Management Institute for their Certified Private Banker & Masters Wealth Management courses.

  • British and Malayan Trustees Limited.
    Philip Ngiam

    Executive Director

    Mr Philip Ngiam was appointed as an Executive Director on 1st July 2021. He has been a Director and Resident Manager of another Trust Company for the past 7 years. He has been employed in the finance, administration, accounting and operation roles of various companies since 1985.

    Philip holds a degree in Bachelor of Accountancy from the National University of Singapore and a degree from The Institute of Chartered Secretaries and Administrators in London (UK). He is a Fellow Chartered Accountant of Singapore and a member of The Institute of Singapore Chartered Accountants (ISCA).

  • British and Malayan Trustees Limited.
    Jacqueline Teo

    Resident Manager

    Ms Jacqueline Teo was appointed as Resident Manager on 1 July 2022. She has been with the company for the past 9 years. She is responsible for the financial aspects of the company and trust administration of complex Estates. Prior to joining, she was with Ernst and Young as an auditor.

    Jacqueline holds a degree in Bachelor of Science from the National University of Singapore and a professional qualification from the Association of Chartered Certified Accountants (ACCA). She is a Chartered Accountant with The Institute of Singapore Chartered Accountants (ISCA).

  • British and Malayan Trustees Limited.
    Irene Lee

    Business Development Director

    Ms Irene Lee has extensive experience in sales and marketing Trust & Fiduciary services and leading business development teams. She is responsible for managing and developing new business opportunities and relationships within the Asia Pacific region and beyond. Irene is an MBA graduate and holds a STEP Postgraduate Diploma in Private Wealth Advice.

    With over 20 years of experience within the financial services, asset protection and succession planning industries, Irene has held various directorial and board member positions. Her extensive network of contacts, considerable knowledge and expertise, coupled with her passion for service excellence and a desire to help, has enabled her to build long-lasting relationships as a trusted advisor to intermediaries and HNW clientele alike.

  • British and Malayan Trustees Limited.
    Mabel Wee

    Head of Compliance

    Mabel has an 18-year career in the trust industry, starting as a junior trust officer and advancing to senior trust administration. She transitioned to compliance, emphasizing corporate governance and ethics while maintaining strong client relationships. Her dedication and character make her a perfect fit for the Head of Compliance role, responsible for managing policies, serving as the MAS liaison, and handling licensing and regulatory matters. Despite possessing various professional qualifications, Mabel remains resolute in her pursuit of completing her legal education, with the aim of further enhancing her capabilities as a compliance professional.

    Mabel holds an advanced certificate in Trust Services – Trust Administration, Trust and Estate Planning from Wealth Institute of Management and was awarded the FICS Specialist with Merit in Diploma in Anti-Money Laundering and a Diploma in Governance, Risk and Compliance, both from the International Compliance Association.