Kelvin Tan

Head, Corporate Finance @ Banyan Group

About

Senior finance leader with over 20 years of experience driving performance, governance, and growth across Asia Pacific for multinational corporations in hospitality, real estate, banking, and private equity. As Head of Corporate Finance at Banyan Tree Holdings, I lead finance strategy for 100+ global entities—managing SGX-listed statutory reporting, investor relations, fund-raising (S$100M+), and complex M&A transactions. I spearheaded the creation of a shared service centre in Thailand, achieving a 30% cost reduction, and successfully restructured joint ventures in China. Prior to this, I held leadership roles at Goldman Sachs and Standard Chartered, where I managed cross-border product control, regulatory reporting, and capital optimisation. I’ve led ERP migrations (Oracle, Peoplesoft), implemented consolidation platforms (Hyperion, Tagetik), and driven automation across FP&A and AP functions. I’m passionate about building future-ready finance teams, partnering with C-level stakeholders, and transforming finance into a value-added, strategic function. Fluent in English and Chinese, I bring deep expertise in IFRS, GAAP (US/Local), SOX, and multi-country compliance. Let’s connect if you're interested in strategic finance, transformation leadership, or global finance operations.

Country

City

Singapore

Industry

Hospitality

Skill

Debt Restructuring, Product Control, Capital Markets, English, Board Relations, Tax Compliance, Convertible Bonds, Financial Controlling, Finance Team Leadership, Talent Development & Succession Planning, Remote Team Management , Business Partnering, Financial Modelling, Valuation Analysis, Budgeting & Forecasting, Scenario Planning, strategic financial planning, financial leadership, c-suite stakeholder management, Mergers & Acquisitions (M&A)

Experience

Head, Corporate Finance

Banyan Group

2016-8 - Present · 10 yrs 2 mos

Singapore

Lead the full spectrum of finance functions for 100+ subsidiaries and associates across Asia Pacific, Europe, and the Americas. Oversee statutory reporting, SGX compliance, treasury, investor relations, and financial operations for this global hospitality and real estate group. - Serve as key financial advisor to the Board and C-suite across strategic initiatives including M&A, restructuring, and fundraising. - Raised over S$150M through convertible bonds, bilateral facilities, and debt refinancing. - Spearheaded China JV buyout and dissolved a multi-year joint venture with Vanke in 2023. - Built a Thailand-based Shared Services team, reducing finance processing costs by 30%. - Led ERP and consolidation platform migrations, including cloud-based accounting, AP automation, and reporting systems. - Regularly engage analysts, fund managers, and bankers to manage investor expectations. - Collaborate with Group Company Secretary for all SGX announcements, board meetings, and AGM coordination. - Lead and mentor a team of 27 across Singapore and Thailand in consolidation, FP&A, treasury, and finance operations.

Head of Corporate Finance

Banyan Group

2016-8 - Present · 10 yrs 2 mos

SGX-listed global hospitality group operating 60+ properties across 17 countries with 100+ subsidiaries.

Senior Manager

Standard Chartered

2015-4 - 2016-7 · 1 yr 4 mos

Singapore

Managed the global reconciliation framework across financial markets systems (MUREX, SOPHIS, OPICS, FEDS) with an 8-member remote team. Rolled out balance sheet substantiation tools across 13 countries, saving 6 FTE. Enhanced transparency and internal controls as part of the bank-wide Finance Transformation (Project Rubicon). Provided risk insights via exception-based reporting and substantiation dashboards.

Product Control Manager

STANDARD CHARTERED BANK

2015 - 2016 · 1 yr

Executive Director Finance

Goldman Sachs

2013-1 - 2014-12 · 2 yrs

Melbourne, Australia

Oversaw the financial and capital regulatory reporting for a AU$500M equities & futures trading entity. - Cut regulatory capital by AU$1B through entity restructuring and RWA model redesign. - Led transition from Oracle Financials to PeopleSoft GL, and supervised audits across 27 legal entities. - Presented monthly financials to board and coordinated with ASX regulators. - Mentored two associates who were subsequently promoted to Executive Director.

Controller

Goldman Sachs

2008-7 - 2012-12 · 4 yrs 6 mos

Singapore

Managed PE and real estate investment entities across Asia Pacific (ex-Japan). - Delivered full-cycle investment reporting, cash flow forecasting, and shareholder distributions. - Played a key role in landmark transactions: - S$550M Chevron House sale - S$870M DBS Towers sale - JV with Brookfield for distressed loan recovery (100% equity returned within 12 months)

Finance Manager

Banyan Group

2004-7 - 2008-6 · 4 yrs

Singapore

Core member of IPO team for SGX listing (2006). Implemented Hyperion consolidation system → shortened reporting time by 5 days. Led the setup of a S$500M MTN programme for corporate funding.