Foo Chek-Tchung

Chek-Tchung Foo is a strong advocate for the adoption of digital technologies in financial services and payments throughout his years of experience in central banking, financial services, technology, and consulting.

He is currently the Executive Director of Public Policy for the Global Finance & Technology Network. Prior to joining GFTN, he was the APAC Public Policy Director for Meta, where as a strategic leader, he oversaw external engagement regarding financial services policy and regulatory issues across Meta’s products and services.

Before joining Meta, Chek-Tchung was the Director and Head of the Payments Supervision Division in the Monetary Authority of Singapore, where he was responsible for the full range of policy, legislative, licensing, supervisory work relating to entities and activities regulated under the Payment Services Act. He was also responsible for formulating policies and developing strategies for payment infrastructure and services, including digital assets. He played a key role in Singapore’s push towards an e-payment society and the implementation of the Singapore E-Payments Roadmap.

Chek-Tchung has extensive experience in the international payments arena and has represented MAS and Singapore in many international central banking and regulatory forums and working groups, such as the BIS Committee on Payments and Market Infrastructures and EMEAP Working Group on Payment & Settlement Systems. He was previously the co-chair of the ASEAN Working Committee on Payment & Settlement Systems, tasked with leading the ASEAN central bank payments community to successfully implement regional payment strategies and priorities. In addition to his active participation in the regional payments community, he was also the digital payments lead for Singapore’s negotiations on the various Digital Economy Agreements and Free Trade Agreements.