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Andy Siew Kwee Ong

Chairman & CEO ERC Holdings Pte Ltd

Andy is the Chairman & Group CEO of ERC Holdings Pte Ltd. ERC Holdings is the investment holding company of the ERC Group of companies. He is also the Chief Investment Officer of ERC’s Holdings’ property investments, overseeing assets of over S$500 million. Andy serves on the Board of Directors of 25 private and public companies. He is Chairman of Stock Exchange of Thailand listed Shun Thai Rubber, a leading rubber products manufacturer. He also serves on the Board of Directors of SGX listed Sakae Holdings.

ERC was founded by leading Asian business leaders to groom Asian companies into potential world leaders. Andy is an acknowledged specialist in advising company founders towards maximising their enterprise value. ERC has major stakes in some of the most prominent education and other enterprises in Singapore. Andy now oversees ERC’s international development strategy and heads its mergers and acquisitions committee. ERC now has presence in 10 countries and looks to grow aggressively into the Asian region. ERC was also an incubator partner of the Economic Development Board of Singapore under the LEAP program. It is now an Incubator Development Program partner of Spring Singapore.

Andy started his career as a journalist and became Managing Editor of Financial Planner magazine. He grew the title to become Singapore’s largest circulating business magazine in his tenure. He started the Asia Financial Planning Journal, the definitive trade journal for financial services professionals. Since his initial start into the world of business, he has gone on to found numerous ventures in the areas of education, human resources, publishing, events, IT, food and beverage and others.

Andy is a Certified Financial Planner®, a professional designation bestowed by the Certified Financial Planner Board of Standards. He is the Founding President of the Financial Planning Association of Singapore (FPAS). FPAS is the professional association for financial planners and is the licensee of the Financial Planning Standards Board (FPSB) in Singapore. During his tenure, the association became one of the biggest professional bodies in Singapore with well over 7,000 members.

Andy is the author/co-author of several best selling books in Singapore and Malaysia which include:

 

  • Personal Financial Planning In Singapore
  • Personal Financial Planning In Malaysia
  • Personal Financial Planning in Thailand
  • Investing In Unit Trusts In Singapore
  • Planning Your Financial Life
  • Financial Sutra For Malaysians
  • Maniac!

 

He is also the lead author and editor in chief of Singapore's only financial planning textbook, a project entitled "A Singapore Guide to Personal Financial Planning". This project involved top academics and practitioners of finance in Singapore.

Andy holds a Bachelors Degree (majoring in Economics) from the National University of Singapore. He is a Fellow of the International Professional Managers’ Association (IPMA) and the American Association of Financial Management (AAFM). Andy is a frequent guest on broadcast media about personal finance and business issues. He has been interviewed on Channel 5 and 8, Channel U, CNBC, Bloomberg and Channel News Asia. He has also been extensively quoted and frequently contributed articles to a variety of print and wire media such as The Straits Times, Today Newspaper, Newsweek, Streats, The Business Times, MSN, The Star and other leading print media.