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Wendy Lim
Connected. Powered. Trusted. Inspiring Cyber Confidence & Empowering Digital Transformation
Professional Background
Wendy Lim is a prominent figure in the field of Cyber Security and Technology Risk within the Consulting Practice at KPMG Singapore, where she serves as a Director. With over 15 years of rich and diverse experience in IT governance, IT risk management, and operational risk management, Wendy has built an impressive career dedicated to enhancing the security and operational capabilities of her clients. Wendy currently leads a talented team that specializes in various critical areas including Governance, Risk & Compliance (GRC), Technology Risk Management, Third-Party and Outsourcing Risk Management, and the navigation of Cyber Security Laws and Regulations. Her expertise significantly contributes to safeguarding the interests of numerous organizations in a landscape that is increasingly complex and fraught with risk.
In her role at KPMG Singapore, Wendy has made remarkable contributions, particularly in servicing clients in the financial services sector, where technology plays an integral part in operations. Her adeptness in aligning clients with the relevant regulatory standards set by authorities such as the Monetary Authority of Singapore (MAS) and the Hong Kong Monetary Authority (HKMA) underscores her valuable role in compliance and risk management. Wendy has worked closely with a broad range of financial conduits including banks, insurance entities, brokerage firms, asset management companies, and Real Estate Investment Trusts (REITS) across the Asia Pacific region. Through her deep understanding of the pertinent technology risk management frameworks, she has become a trusted advisor to her clients, helping them navigate the nuanced regulatory environments with skill and confidence.
Education and Achievements
Wendy undertook her undergraduate studies at Nanyang Technological University (NTU), where she earned a Bachelor of Business. Her educational foundation has been instrumental in shaping her analytical skills and understanding of business dynamics regarding governance and risk management. Prior to her time at NTU, Wendy attended Anderson Junior College, where she continued to develop her critical thinking and academic prowess, preparing her for her future endeavors. Before that, she completed her secondary education at Ahmad Ibrahim Secondary School, setting the stage for her future academic and professional achievements.
Notable Contributions
Over the years, Wendy has played a pivotal role in raising awareness and understanding of technology risk management within the financial sector. She has organized and conducted numerous briefing sessions targeted at individual financial institutions, elaborating on key updates and potential impacts of critical guidelines released by regulatory bodies such as the MAS. These sessions have focused on the MAS Technology Risk Management Guidelines and Notices which were released in June 2013, as well as the MAS Consultation Papers on Outsourcing Notices and Guidelines that came into effect in September 2014. Through these efforts, Wendy has proven her commitment to not only advance her clients’ operational integrity but also to educate industry players on compliance mandates and best practices to mitigate risks that technology advancements present.
Achievements
- Played a crucial role in ensuring clients comply with MAS Technology Risk Management and Outsourcing Guidelines.
- Successfully advised financial institutions across Asia Pacific on navigating complex regulatory environments related to technology risk.
- Led a team of specialists in Cyber Security and Technology Risk at a prestigious organization, contributing to the sector's enhanced governance standards.
- Conducted educational briefing sessions that have equipped numerous financial institutions with the crucial knowledge required to adapt to regulatory changes and maintain compliance.
Wendy Lim stands out not only for her technical expertise but also for her leadership and commitment to enhancing the operational resilience of her clients. With her extensive background in cyber security and risk management, she continues to influence the financial services sector positively through her innovative approaches and dedication to excellence.
