Derek Chan

Derek Chan is a payments industry leader with over 20 years of experience across payment infrastructure, operations, product innovation, and business development. He currently serves as the Chief Executive Officer of Singapore Payments Network (SPaN). Prior to joining SPaN, Derek was Chief Business Officer of Banking Computer Services Pte Ltd (BCS), a subsidiary of NETS, where he oversaw the operations of Singapore's core payment infrastructure, including PayNow, FAST, Interbank GIRO, SGD and USD cheque clearing systems, and the SGQR Central Repository. He also played a key role in delivering major industry initiatives, including the launch of PayNow for consumers and businesses, enabling non-financial institution access to PayNow-FAST, implementing the SGQR Central Repository, and establishing the PayNow-PromptPay Singapore-Thailand linkage. Derek has also held senior leadership positions at Visa and Mastercard, including roles as Head of Merchant Sales and Solutions for Indochina, My