Founder And Director

Noel Lee, CISA

Managing Director

WhatsApp +65 96204854, contact@dedomena-tech.com.sg

Noel Lee is an accomplished accounting and information systems professional with 29 years of diverse experience spanning technology risk management, strategic finance, corporate reporting, sustainability governance, internal audit, information technology audit, cybersecurity advisory, and data privacy. He has built his career across both commercial sectors and private practice, advising global multinational corporations, SGX-listed companies, private education institutes, and government-related organizations. Noel’s powerful combination of accounting, finance and technological expertise makes him invaluable in the modern digital business environment.

Noel is a Certified Information Systems Auditor (CISA) and holds membership with the Institute of Singapore Chartered Accountants, the Institute of Internal Auditors Singapore and the Singapore Computer Society. He graduated from Nanyang Technological University, Singapore, with a bachelor’s in Business (Banking).

Other Professional Certifications

Practitioner Certificate in Personal Data Protection (Singapore), PDPC & IAPP
Certification in Control Self-Assessment (CCSA), the Institute of Internal Auditors
COSO Enterprise Risk Management Certificate, the Institute of Internal Auditors

Noel's professional career, spanning three decades, encompasses three strategic phases:

Banking and Technology Risk Management (1996–2007)

Noel began his career in banking, holding roles at Tat Lee Bank and HSBC’s asset finance subsidiary in Singapore. In 2000, he joined DBS Bank where he oversaw IT operations, business continuity planning, outsourcing third-party risk management, and IT-finance, operating under a dual reporting structure with DBS Group Technology & Operations and Group Finance. In his subsequent role as IT Finance Analyst at Citigroup Technology Infrastructure Asia Pacific, Noel managed financial reporting and cost management for regional IT projects such as the IT integration between KoRam Bank and Citibank Korea, and the Global Data Center Strategy (GDCS) program, in collaboration with the external expertise of Protiviti U.S.

Senior Finance and Accounting Team Lead (2007–2015)

Transitioning into strategic finance and corporate reporting, Noel held corporate internal advisor and senior team-lead roles at global enterprises including ExxonMobil, Shell International Exploration & Production, the Singapore-based ship- owning subsidiaries of Mitsubishi Corporation, and The China Navigation Company Pte. Ltd. (CNCo) of the Swire Group. His key responsibilities included:

  • Managed financial analysis, business controls, and supporting business decisions in a dynamic, global oil and gas environment

  • Managed accounting and shipping ERP systems (Veson IMOS) integration, harmonizing accounting and business processes and ensuring integrity of financial reporting.

  • Managed Control Self-Assessment (CSA) program for Sarbanes-Oxley (SOX) and J-SOX testing and documentation

  • Managed accounting operations and financial reporting across multiple jurisdictions

  • Managed fleet-wide risk management and Freight Forward Agreement (FFA) reporting

  • Managed collaborative support from Big 4 tax advisor in delivering tax strategy guidance to executive management

  • Managed the assessment and documentation for asset impairment of vessel fleet

Entrepreneurship and Risk Consulting (2016–Present)

Noel founded McKell Risk Assurance, followed by McKell Risk Management Pte Ltd in 2017. Through these firms, he delivers risk management, audit, and data protection services to a broad spectrum of clients, from SGX Mainboard companies to registered fund management company. His internal audit and risk advisory practice focuses on integrating governance, risk management, finance, technology, and sustainability to drive resilient and ethical business outcomes.

Representative Experience in Private Practice

Group Internal Auditor at the Chief Audit Executive (CAE) level for SGX Mainboard Companies (2017-2022)

Reporting to the Board Audit Committee, Noel led the annual independent internal audit for two SGX Mainboard companies in the property development and construction engineering sectors. He played a pioneering role in advising on the first-time implementation of the Enterprise Risk Management (ERM) system and sustainability reporting roadmap for these companies. His work ensured that these organizations adhered to robust risk management practices and aligned their operations with sustainability standards, fostering a culture of transparency and accountability.

Strategic Business Review (2018 & 2022)

Conducted independent business assessments of two Private Education Institutions (PEIs), successfully resulting in both securing the credit ratings necessary for registration renewal under the Enhanced Registration Framework (ERF). Key review areas included the PEI's five-year strategic and financial sustainability plan, governance structures, risk management, and opportunity identification.

Governance Audit (2019)

Performed an assessment on the governance frameworks and internal control systems for a subsidiary hospital operating in Indonesia, with findings reported to the Singapore-based parent medical organization.

In the same year, professional assistance was provided to the Korean special investigation unit of a South Korean multinational engineering and construction corporation in conducting a confidential audit of two significant public infrastructure development projects in Singapore.

IT Audit (2021-2023)

Developed and executed a three-year IT audit plan for an SGX-listed company. Assessed IT infrastructure, information security controls, and governance alignment. Provided sustainable solutions to enhance technology capabilities.

Sustainability Reporting Review (2023)

Partnered with PKF Singapore to conduct an internal review of sustainability report (FY2022) for a SGX Catalist water-treatment firm and ensured compliance with the SGX Sustainability Reporting Guide, GRI, TCFD, & SASB.

Data Protection Officer (since 2020)

In his role as DPO, Noel has provided professional services to diverse organizations since 2020. His portfolio encompasses payment service providers, e-commerce startups, cryptocurrency and NFT project companies, Private Education Institutions (PEIs), country clubs, and biofuels enterprises. Throughout these engagements, he has maintained responsibility for data protection compliance, cultivated organizational data protection awareness, and recommended robust cybersecurity practices. His contributions to data protection governance align with the ESG objectives, particularly in relation to ethical data management frameworks.

PDPA Audit (2023-2024)

Conducted Compliance Audits for a Registered Fund Management Company and a MINDEF-Related Organization (MRO). The audits encompassed comprehensive evaluations and improvements of the organizations' data protection policies and controls, specifically addressing governance structures, technological infrastructure, operational procedures, and the cross-border data transfer between the organization and overseas data intermediary.

Areas of Expertise 

IT Audit (ITGCs, ITACs, Cybersecurity, IT Governance, IT Finance & TRM)

Corporate Reporting (IFRS, SFRS & U.S GAAP)

Internal Control over Financial Reporting and SOX Advisory (Process & IT Control)

Financial Planning and Analysis (FP&A), Cost Management and Strategic Finance  

Sustainability Governance and Reporting Frameworks (GRI, SASB, TCFD)

Internal Audit and Enterprise Risk Management

Data Privacy Advisory and PDPA Compliance Audit

Industry Expertise

Financial Services (Corporate Banking, Technology & Operations, Fund Management Company)

Global MNCs (Oil & Gas, Chemical, Ship Owning and Maritime, South Korean Engineering & Construction Group)

SGX Mainboard & Catalist-listed Companies (Property Development & Investment, Construction Engineering and Water Treatment)

Healthcare Business (Indonesia Hospital Group)

MINDEF-Related Organizations (MROs)

SMEs and Startups (Private Education Institutions, Cryptocurrency, NFT, Payment Service Provider, Software Development Developer, E-Commerce)

Professional Volunteering (2010)

AICPA Member Volunteering Programme

My former AICPA International Associate membership with the American Institute of Certified Public Accountants (15 years) had connected me to US-centric expert guidance and the global community, supporting my corporate work in accounting compliance with U.S GAAP and SOX at several multinational companies.

In the professional spirit of knowledge sharing, I leveraged my practical skills in IFRS implementation to assist the AICPA’s initiative in developing examination questions on International Financial Reporting Standards (IFRS) for the Uniform CPA Examination.