ASIA CEO Community

Mr. Raymond Chan Wing Fung was appointed the Managing Director of 9F International Holdings, a subsidiary of 9F Group (NASDAQ: JFU), in October 2018 and is responsible for applying financial licences, including Virtual Bank licenses in Hong Kong, Singapore, Lithuania and China. He is also responsible for “Tech Enabling” businesses in Hong Kong and Southeast Asia markets. In October 2019, Raymond was appointed the General Manager of Niche Global Fintech, a JV of 9F International and PAX Global (0327.HK), and is responsible for applying Electronic Money Institution (EMI) licence and related business and operations in EU Area. Raymond is well-known as the founder of the first virtual banking, inMotion of CITIC Bank, launched in Hong Kong 2 years before any of 8 virtual bank licenses issued in 2019. In 2017, he led the Bank to successfully break through HKMA and persuad them to change related laws including AMLO to make non face-to-face KYC possible. His contributions enable inMotion to become the first ever remote bank account opening in Hong Kong to do without physical branch, wet signature and address proof. Raymond has been working in the banking industry for more than 25 years, with 20 years of management positions in major banks. Before joining 9F, he was General Manager of China CITIC Bank International and Head of Marketing of ICBC (Asia). His career covers all areas in banking including head of e-Business, Marketing, Branch Network, Call Centre, Sales & Distribution, operations and technical services from HSBC, Standard Chartered, ICBC to CITIC. While Raymond is an active speaker and practitioner in fintech areas including Virtual Bank, eKYC, eID, Open API, Mobile Payment and Cross-Border Banking, he also actively serves in community: • Entrepreneurship Committee Advisory Group, Hong Kong Cyberport • Observer, Independent Police Complaints Council • Fintech Specialist Group (FTSG) EXCO Member, Hong Kong Computer Society • Financial Technology Advisory Panel, The Hong Kong Institute of Bankers • Convenor for AI Group, Institute of Financial Technologists of Asia • New Economy Committee, The Hong Kong Independent Non-Executive Director Association • Fintech Committee, Smart City Consortium • Fintech Award Assessment panel, Hong Kong ICT Awards • Advisory Board of MSc. in International Banking and Finance, Lingnan University • Mentor and guest lecturer in master, bachelor and executive programs of many universities Raymond received Bachelor of Science (Engineering) - Electronics from University of Hong Kong, MBA from Chinese University of Hong Kong. He is a Fellow Member of HKRFP and Full Member of IEEE, HKIB, HKCS, HKIoD and HKMA and has professional designations include HKRFP, PMgr, CFT (Certified Financial Technologist), CFT® (Certificate in Finance and Technology) and CFT (China Banking Association).