Elizabeth Fong
Director, Head of Corporate
+65 6950 0854
Areas of Practice
Structuring, licensing, and scaling regulated entities in Singapore
Corporate governance, board advisory and company secretarial across regulated sectors
Corporate and commercial transactions, including M&A, joint ventures, banking and finance, and restructurings
Regenerative legal advisory (carbon credits, sustainable finance, and community-led initiatives)
ESG and charity law, including the governance of IPCs and non-profit entities
Technology, artificial intelligence, data protection and privacy
Admissions
Advocate & Solicitor, Supreme Court of Singapore
Qualifications
Bachelor of Laws/Bachelor of Commerce, University of Sydney (Hons)
Elizabeth brings deep expertise in building and scaling institutions, having served as the Founding General Counsel and Company Secretary of both GXS Bank, one of only two digital full banks licensed in Singapore, and Asia Pacific Exchange, where she played a key role in securing regulatory approvals. She is widely recognised for her leadership in corporate and commercial matters, with proven track record in regulatory licensing, corporate governance, banking and finance, mergers and acquisitions, technology and data, complex commercial negotiations, and charity and sustainability. Elizabeth is purpose-driven and execution-focused, with a career spanning leading institutions including J.P. Morgan, Meta, and top-tier law firms. She also serves on the boards of IPC-status organisations, reflecting her commitment to impact and good governance.
Key Experiences & Achievements
Founding General Counsel & Company Secretary, GXS Bank (Grab-Singtel digital bank): Led the legal and governance workstreams to secure one of Singapore’s first digital full bank licences. Played a key role in building the bank’s entities, products, partnerships, and financing. Served on core management committees: Management, Data, Technology, Risk, Compliance, and Disciplinary Committees.
Founding General Counsel & Company Secretary, Asia Pacific Exchange: Helped secure Singapore’s 3rd derivatives exchange and clearing house licences, supporting legal, compliance, and operational readiness.
Private Practice, Top-Tiered Law Firm in Singapore: Advised on a broad range of corporate, commercial, and regulatory matters for leading corporates and investors in Southeast Asia.
Senior Privacy Roles: Held APAC privacy roles at JP Morgan and Meta. Experienced in cross-border data governance, regulatory engagement and breach management. Held DPO roles.
Investment Banking, Macquarie Bank: Advised on M&A and fundraising transactions across the region.
Board Member & Legal Architect for Purpose-Driven Organisations: Founding team, Board member and Company Secretary of IPC-status charities such as Tasek Academy (supporting children, youth and families from socially disadvantaged backgrounds) and Green SG Collab (advancing regenerative solutions in Singapore), advising on regenerative initiatives such as carbon credits, sustainability-linked financing, and community restoration.
Certified - CIPP/A (Privacy) and International Compliance Association: Well-versed in implementing privacy, compliance, and risk frameworks across sectors.
Adviser to F&B, Hospitality and Lifestyle Businesses: Trusted legal and strategic advisor in F&B, hospitality and lifestyle businesses on structuring, joint ventures, franchising, technology, regulatory compliance, and brand expansion in Singapore.
Advisor to Startups: Trusted legal and strategic advisor to early-stage and high-growth companies, supporting founder teams on fundraising, structuring, commercial contracts, and market entry across Southeast Asia.
Employment and Investigations: Extensive experience in employment matters, including drafting employment contracts and equity plans, conducting internal investigations, and serving on disciplinary committees.