Noel Lee Sun Yen is a seasoned finance and information systems professional who possesses 29 years of extensive experience in sustainability governance, risk management, internal audit, strategic finance, information security, and data privacy in the commercial sectors and his own private practice. He earned his Bachelor's degree in Banking from the Nanyang Business School at Nanyang Technological University in 1996. Noel is a Certified Information Systems Auditor (CISA) and holds memberships in the Institute of Singapore Chartered Accountants, the Institute of Internal Auditors Singapore, and the Singapore Computer Society.

Professional Background

Noel began his career in banking at Tat Lee Bank and HSBC Singapore's asset finance subsidiary. Between 2000 and 2007, he oversaw IT operations, business continuity planning, outsourcing vendor risk management, and IT business controlling at DBS Group Technology & Operations, as well as IT finance at Citigroup Technology Infrastructure Asia Pacific.

In the later part of his corporate career, Noel transitioned from the banking sector to take on senior team-lead roles in managing strategic finance, CSR and financial reporting, accounting systems integration, and implementing Control Self-Assessment (CSA) program for SOX and J-SOX compliance. He worked with global corporations including Visa, ExxonMobil, Shell International Exploration & Production, the maritime subsidiaries of Mitsubishi Corporation and the Swire Group until 2016 when he founded Mckell Risk Assurance, a risk consulting firm. He later founded Mckell Risk Management Pte Ltd in 2017.

Noel’s extensive experience across the banking and commercial sectors, and his dedication to ESG principles make him a versatile professional across multiple disciplines, committed to promoting technology and sustainability, transparency, and ethical governance in his work.

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

Governance Audit (2019): Noel conducted an evaluation of governance frameworks and internal control systems for an Indonesian healthcare subsidiary, reporting to its parent medical organization headquartered in Singapore. He also provided support to the Korean special investigation division of a South Korean multinational engineering and construction corporation in performing a confidential audit of two major public infrastructure development projects in Singapore.

IT Audit (2021-2023): Led and carry out a thorough three-year information technology audit plan for a SGX listed company, evaluating all aspects of the company’s IT infrastructure environment and information security controls. The IT audit resulted in recommendations for sustainable solutions designed to enhance the company’s technological capabilities and strengthen the alignment of IT governance framework with the group’s business strategy.

Sustainability Reporting Review (2023): In 2023, Noel partnered with PKF Singapore to support a SGX Catalist company in the water treatment industry. He played a crucial role in the internal review of the company’s FY2022 sustainability reporting process. His efforts were focused on ensuring compliance with various sustainability standards and frameworks, including the IIA Singapore Guide, SGX Sustainability Reporting Guide, GRI (Global Reporting Initiative), TCFD (Task Force on Climate-Related Financial Disclosures), and SASB (Sustainability Accounting Standards Board). Through this project, Noel helped the company enhance its sustainability reporting practices, thereby contributing to its long-term environmental and social impact.

Data Protection Officer (since 2020): Leveraging his expertise as an IT auditor and certified Data Protection Officer (DPO), Noel has been serving as a DPO for various organizations since 2020. These organizations have included payment service providers, E-Commerce startups, cryptocurrency and NFT project companies, Private Education Institutions (PEIs), country clubs, and biofuels businesses. In these capacities, Noel has been responsible for ensuring data protection compliance, fostering a data protection culture, and implementing best practices for managing cybersecurity risks. His work in data protection aligns with broader ESG goals, particularly in the context of data governance and ethical data management practices.

PDPA Compliance Audit (2023-2024): Between 2023 and 2024, Noel conducted independent PDPA Compliance Audits for a Registered Fund Management Company and a MINDEF-Related Organization (MRO). These audits focused on assessing and enhancing the data protection policies and measures of these organizations, with a particular emphasis on governance, technology, operations, and the management of local and overseas-based data intermediaries. By ensuring that these organizations complied with data protection regulations and implemented effective data governance practices, Noel contributed to their overall ESG performance.

Managing Director

Singapore
T +65 96204854
contact@dedomena-tech.com.sg