Society of Financial Service Professionals President’s Annual Report2009 – 2010

Dear SFSP Members
When your new board took office, the global equity markets had collapsed by about 60per cent. Needless to say, it was a challenging year for the financial services industry andsome of our members. Whether it was at our fellowship networking night at Harry’s Bar,technical workshop onplanning for high net worth clients, or at our CPF Life public forum, I personally foundcomfort in meeting so many friends that I have known over the years through SFSP.
Personally, it has also been a challenging year hosting a weekly money radio talkshowand a daily column in the newspaper.
In this regard as your president, the SFSP’s name appears almost daily on the radio andnewspaper.
Our weekly briefing and financial counseling for bankrupts at the Official Assignee’spremises, continues into its fourth year.
It is perhaps reflective of the downturn in the financial services industry, that the numberof volunteers at the OA, has declined to four members, namely Benny Ong, LyndonChew, Simon Tong and Ong Teow Soon who co-ordinates this activity.
I would like to ask you to volunteer for this and other activities of the society.
The annual membership fee for student members was reduced to $20, from the $75previously.
On behalf of the board of SFSP, I would like to thank you for your support andencouragement, during our term.
Finally, please help us to showcase your SFSP membership by displaying the designatoryletters, MSFP (for regular SFSP members only), on your name cards, stationery, emails,etc.

Yours sincerely
Leong Sze Hian

PresidentSFSP

Society of Financial Service Professionals Chairman, Student Body’s Annual Report
SFSP Student Body had a fruitful year in 2009. We were also grateful to NTU RiskManagement Society for their help in collaborative events and activities during the pastyear. We saw talents that could be groomed for the financial service industry among theRMS members. SFSP Student Body looks forward to continued partnership with NTURMS in the year 2010.
The year 2009 was a fruitful one for SFSP student body. We managed to organise keyevents like
1) NTU Risk Summit – Congregation of top risk thinkers, integration of top talents fordevelopment of student capabilities.
2) CPF Life – Public forum organised to educate the public on CPF life. The body wasprivileged to invite Leong Sze Hian and Dr. Yee Wah Chin as speakers.
3) RMS Seminar Series – Mr. Robert Young as key note speaker for the 1st seminar.
4) SFSP RMS Risk Management Challenge - Among these events, we were proud co-organisers of the 2nd Risk Summit. The response was overwhelming, graced by PresidentSFSP and Chairman, SFSP student body.
Coming 2010, I will be stepping down as Chairman after my 2nd term. I am a proudrecipient of the support of the adult committee. Special thanks for President Leong SzeHian and Vice-President Benny Ong, who supported the many initiatives in the previousyears.
The student body which started in 2008 grew from strength to strength. We will continuethis momentum and create even more meaningful events and public forums to meet theobjective of serving the greater public through our financial service capabilities.
I would like to take this chance to re-emphasize the objective of the student body – Toinculcate and develop financial knowledge and capabilities in students and young adults,facilitation their growth and imparting experience for their future careers.
I have full confidence that the next Chairman will take bring the student body into greater heights.

I wish you all the very best.

Yours sincerely,Alex Lew Yan Liang

Chairman, Student Body SFSP