Board Members
Mr. Peng T. ONG (Chairman)
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Chairman, Infocomm Investments
Advisor, GSR Ventures
Board Director, National Research Foundation
Board Director, SingTel
Trustee, Singapore University of Technology & Design
Peng chairs Infocomm Investments Pte Ltd (IIPL), a venture fund with US$200M under management which promotes innovative information & communication technology businesses in Singapore. He is also an advisor at GSR Ventures, a fund that focuses in early and growth stage technology companies in China; and an independent board director of Singapore Telecommunications.
Peng is a trustee of the newly formed Singapore University of Technology & Design. He serves as an advisor to the School of Computing at the National University of Singapore.
Peng founded Encentuate in 2002. From 2008 through 2009, he was an executive at IBM, after Encentuate’s acquisition. Prior to founding Encentuate, Peng was the founder and chairman of Interwoven, Inc. (now part of HP), the leading provider of content infrastructure. He was the president and CEO of Interwoven through 1997, and its chairman through 2002. During his tenure at Interwoven he led the company to a successful IPO (NASDAQ: IWOV). In 2002, for his leadership in building Interwoven into the world’s leading provider of enterprise-class content infrastructure software, Peng was awarded the University of Illinois Urbana-Champaign College of Engineering’s Alumni Award for Distinguished Service.
Before Interwoven, Peng was co-founder and chief architect of Electric Classifieds, Inc.—the creators of Match.com (sold to IAC). He has also held various engineering and management roles at Sybase Inc. (now SAP), Illustra (now IBM Informix), and Gensym Corporation. Peng co-authored numerous patents for technologies developed at Match.Com, Interwoven, and Encentuate.
In 2001-2002, Peng served as one of the twenty members of Singapore’s Economic Review Committee. The ERC was a high-level committee whose task was to review the economic plans for the future of Singapore. He is a founding vice-chairman of the Action Committee for Entrepreneurship, and a former board director of JTC Corporation. Peng served on the board of the Infocomm Development Authority of Singapore from 2003 through 2009, and on the board ofCOMPASS (Community and Parents in Support of Schools) in 2007 through 2010.
Peng grew up in Singapore. He graduated from the University of Texas at Austin with a Bachelor of Science in Electrical Engineering and received his Master of Science in Computer Science from the University of Illinois at Urbana-Champaign.
RADM(NS) Ronnie TAY (Member)
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Chief Executive Officer, Infocomm Development Authority (IDA)
RADM(NS) Tay was appointed Chief Executive Officer of the Infocomm Development Authority of Singapore (IDA) on 19 November 2007. IDA has the roles of developing a vibrant and competitive information technology and communications industry; master-planning, project-managing and implementing various infocomm systems and capabilities for the Government as the Government Chief Information Officer (GCIO); and spearheading the transformation of key economic sectors, government and society through more sophisticated and innovative use of infocomm, which contribute to enhancing the global economic competitiveness of Singapore.
Prior to joining IDA, RADM(NS) Tay served 25 years in the Singapore Armed Forces (SAF), during which he held various command and staff positions in the Republic of Singapore Navy. He served as the Chief of Navy from 1 April 2003 to 31 August 2007. As Chief of Navy, RADM(NS) Tay led the transformation of the Republic of Singapore Navy into a naval force characterised by cutting-edge technologies and new fighting doctrines, and capable of a broader spectrum of operation.
RADM(NS) Tay was awarded the Singapore Armed Forces Overseas Scholarship in 1982 to pursue undergraduate studies at Oxford University in the United Kingdom, graduating in 1985 with a Bachelor of Arts (First Class Honours) in Engineering Science. He also obtained a Master of Science in Management degree from the Massachusetts Institute of Technology in USA in 1997, under a SAF post-graduate scholarship. RADM(NS) Tay attended the Advanced Management Programme at Insead, France in October 2007. He was awarded the Public Administration Medal(Gold)(Military) in 2005, and the Long Service Medal (Military) in 2007.
Mr. Andrew KHAW (Member)
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Senior Director, Industry Development, Infocomm Development Authority (IDA)
Mr Khaw oversees the Industry Development Division as well as programmes for the Small and Medium-sized Enterprises (SMEs) and the Digital Media & Entertainment sectors.
Andrew was the Vice President, New Markets with Ascendas Pte Ltd, leading the company’s business development in markets such as Middle East, North Africa and Russia. Prior to Ascendas, Andrew was with IE Singapore from 2002 to 2007, where he worked closely with companies in the ICT, Electronics & Precision Engineering, Infrastructure, Education and Healthcare sectors. He was instrumental in helping companies in these sectors expand beyond the shores of Singapore.
Among his many achievements at IE Singapore were: the formulation of internationalisation plans for Singapore’s interactive digital media sector and the creation of the S$30million International Partners (iPartners) programme for consortium formation to serve overseas markets.
Before joining IE Singapore, Andrew was with the Economic Development Board (EDB) where he started his career in 1994. During his tenure at EDB, he contributed to promoting investments in the Engineering sector and attracting investors in the US Midwest where he was based for three years.
Andrew graduated from the National University of Singapore with a Masters of Mechanical Engineering in 1993.
Mr. Selwyn Sean Scharnhorst (Member)
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Director of the Industry Division, Ministry of Information, Communications and the Arts (MICA)
Selwyn Scharnhorst is the Director of the Industry Division of Singapore’s Ministry of Information, Communications and the Arts (MICA).
He formulates policies to grow the infocomm, media and design industries and to harness infocomm, media and design as enablers to boost Singapore’s overall economic competitiveness.
Prior to MICA, Selwyn served in various positions in DSO National Laboratories, Ministry of National Development, Ministry of Trade and Industry and Ministry of Transport.
Selwyn is an officer of the Singapore Administrative Service and a recipient of the 2004 Defence Technology Prize for R&D Teams. He read Physics at the California Institute of Technology (Caltech) and was a Sloan Fellow at the Stanford Graduate School of Business.
Mr. SAW Ken Wye (Member)
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Vice President (Sales & Marketing), Microsoft APAC
Vice-President (Sales and Marketing) for Microsoft in Asia Pacific, Ken Wye Saw is responsible for the sales and marketing functions for the regional operations at Microsoft. Prior to this role, Ken was the President for Southeast Asia for two years since Oct 2004, and had held direct responsibilities for providing strategic direction with Microsoft’s marketing, sales, operational and business development efforts in emerging markets.
Saw Ken Wye was also the General Manager for Communications Sector for Microsoft in Asia Pacific, Greater China and Japan regions from 2001 to 2004 where he was responsible for driving vertical sales strategies for network service providers. This entailed working closely with telecommunication companies, Internet Service Providers and Application Service Providers to take advantage of cost effective Microsoft based solutions. Equally important was his focus on working together with the services providers in creating new markets and services for connected businesses and consumers.
Ken was previously Managing Director of Microsoft Singapore from 1997 to 2001.
Actively involved in the local Singapore IT community Saw serves on the board of the Infocomm Development Authority and on the advisory committees of several Singapore-based institutions of higher education. Saw had also served as the Chairman of the Singapore Infocomm Technology Federation. He was also with the National Computer Board for 14 years, his last appointment there being Assistant Chief Executive (Industry). His notable contributions during his National Computer Board days include playing a key role in driving national projects such as Singapore ONE and IT2000.
Ken graduated from the University of Strathclyde, United Kingdom with a BSC (Hons) in Mechanical Engineering and a MSC in Operational Research.
Mr. Jeremy TAN (Member)
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Founder and Group Managing Director, Korvac Holdings Pte Ltd
Jeremy Tan is the founder and Group Managing Director of Korvac Holdings Pte Ltd and serves on the boards of the various Korvac Group of companies – PaymentLink Pte Ltd, Card Alliance Pte Ltd, KPS Pte Ltd, Consumer Cube Pte Ltd, Korvac Malaysia (M) Sdn Bhd and Korvac Thailand (Co.) Ltd. The group specialises in payment and consumer-data related processing services, technology and infrastructure. Jeremy holds a Master of Science (Comparative Politics) from the London School of Economics and a Bachelor of Engineering from King’s College London.
Mr LEE Kheng Nam (Member)
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Venture Partner, Granite Global Ventures
Board Member, Infocomm Investments
Mr Lee is currently Chairman of Advantec Pte Ltd, an investment holding company. From March 1995 to February 2004, he was the President of Vertex Management Pte Ltd and executive Director of Vertex Venture Holdings Ltd (VVH), which were wholly-owned subsidiaries of Singapore Technologies Pte Ltd (’ST Group’) engaged in the venture capital direct investment and fund management business. He is currently Chairman of Vertex Management (II) Pte Ltd and Vertex Venture Holdings Ltd. Mr Lee is also Venture Partner of Granite Global Ventures since 2004.Mr Lee is a director of 2 listed companies – Creative Technology Ltd and China Finance Online Co Ltd. He formerly served on the board of Centillium Communications, Inc, Chartered Semiconductor Manufacturing Ltd, GRIC Communications Inc., ActivCard Corp and Gemplus International S.A. Prior to joining the ST Group, Mr Lee was with the NatSteel group of companies as the Manager of the Project Development Department and the Ministry of National Development where he was Deputy Director of Planning.
Mr Lee holds a Bachelor of Science degree in Mechanical Engineering (First Class Honours) from Queen’s University, Canada and a Master of Science degree in Operations Research and Systems Analysis from the U.S. Naval Postgraduate School.
Mr James Tong (Member)
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CEO, Movitech
James Tong is the CEO of Movitech
Prior to Movitech, James was Dextrys’ chairman of Asia operations, and the founder of Suzsoft Co. Ltd., the China IT development firm which was acquired by Dextrys.
With extensive experience in software development, entrepreneurship and company management, James has also served as a partner at iGlobe Partners, an international venture capital fund, and as the chief architect of Acta Software, where he was responsible for the overall technology architecture and direction of the company’s products.
James also co-founded two software companies. The first, ZippyO.com, was an Internet portal that provided educational games for children and online support for teachers using the portal as an active tool in the classroom. The second, iGine Inc., is an enterprise software company that provides channel visibility for companies that use distributors for selling their products. iGine’s products have been deployed by Sony, HP and Sun Microsystems. James has also held positions at Xilinx and Oracle.
James received a B.S. in electrical engineering and computer science from the University of California at Berkeley. James also obtained an M.S. in electrical engineering from California Institute of Technology and an M.B.A. from Cal State San Jose.





