The Asia Fintech Alliance (AFA) has announced the results of its latest leadership election. The election was conducted in accordance with the AFA Bylaws adopted by all members in 2025.
All elected members of the Executive Committee received affirmative written consent from more than two-thirds of AFA member associations. These members represent at least ten Asian economies.
AFA members re-elected Jaclyn Tsai (Taiwan) as Chairwoman for a second term and confirmed Dongpyo Hong (Korea) and Wilson Beh (Malaysia) as Vice Chairpersons, continuing their roles since November 2025.
They also elected Takafumi Ochiai (Japan) as Treasurer, a newly established position to strengthen AFA’s financial oversight, and re-elected Winston Hsiao (Taiwan) as Secretary.
Under the renewed leadership, the two Vice Chairpersons will jointly oversee eight Working Groups. These include Bylaws, Anti-Fraud, Academy, Affiliate Members, Women in Fintech, Website, and Webinars. The groups will manage policy, industry development, inclusion, and knowledge exchange initiatives.

“I am deeply honoured by the trust our members have placed in this leadership team,”
said Jaclyn Tsai.
“AFA is not just a platform, it is a network of trust. The more trust we build across borders, the more collective power we have to shape Asia’s fintech future.”
“AFA’s strength lies in its diversity, across markets, regulatory environments, and stages of development. This allows us to co-create solutions that truly work for Asia.”
AFA currently comprises 15 member associations. These represent Taiwan, Korea, Japan, Singapore, Malaysia, Hong Kong, the Philippines, Indonesia, Thailand, Mongolia, Cambodia, Vietnam, India, Nepal, and Sri Lanka.
With its renewed mandate, the Alliance will continue to promote cross-border trust, regulatory dialogue, and industry collaboration. It aims to turn diversity into collective strength and governance into regional impact.
Featured image credit: Edited by Fintech News Singapore, based on image by vefimov via Freepik





