| Info Box; Mr.
Soh Soh graduated with a
Bachelor of Commerce with First Class Honors in 1973 from the Nanyang
University, Singapore. He also attended the Advanced Bank Management
Program, conducted by the Asian Institute of Management in Manila, in
1986.
He started his 25 years
career in banking in 1976. He was Head of Export Bills Section with
Overseas Chinese Banking Corporation Limited, Singapore, a position he
held until 1981. In 1981, he moved to Sumitomo Bank Limited, Singapore
Branch, where he was the Assistant Manager of Bills Department for one
and half years until 1982.
Between 1982 and 1996, he was with United
Overseas Bank Limited, Singapore, where he held the position of Vice
President of Trade Services, dealing primarily in trade finance
operations and marketing. In 1996, he was seconded to Chung Khiaw Bank
(Malaysia) Bhd in Kuala Lumpur, Malaysia, where he held the position of
Head of Trade Services until 1997.
In 1997, he joined Trade Services Department of
Overseas Union Bank Limited, Singapore as Vice President and Head of
Trade Services Department until December 2001. Altogether, he has about
25 years of experience in banking industry, at least 20 years of which
he was primarily dealing with trade finance and documentary credit.
Soh is Singapore representative for the ICC
Banking Commission and a member of the Task Force on International
Standard Banking Practice (ISBP). He is also a member of the Task Force
on UCP Review and the new UCP 600 Drafting Group. The ICC Banking
Commission, which comprises international banking experts from various
countries, acts to prepare new uniform rules, update existing uniform
rules for documentary credits, collections and bank-to-bank
reimbursements and to adapt international standard banking practices to
automatic data processing techniques. It is responsible for drafting the
revisions of the Uniform Customs and Practice for Documentary Credits ("UCP"),
including the current version, UCP 500. It also provides definitive
guidelines and opinions to bankers in different countries.
Among the 12 members of the Task Force on ISBP,
he is the only member from Asia. He is also the only Asian member in the
UCP 600 Drafting Group.
Apart from the ICC Banking Commission and the
various working groups in which Soh is actively involved, he is also a
technical consultant on trade finance issues to the Association of Banks
in Singapore.
Soh has been invited by the institutions and
banks to lecture on the subject of documentary credits, trade finance,
trade frauds and risks management extensively in Asia. He has also been
invited to lecture on the subject of International Standard Banking
Practice as reflected in the UCP 500 for the judges from the Supreme
People's Court of China. He is also frequently invited by the Institute
of International Banking Law and Practice, Inc. as a panel speaker in
the Annual LC Survey in Asia, America and Europe.
Currently, Soh practices under the name and
style of DCTrade Consultants, providing his services as expert witness
and as a technical consultant and trainer on trade finance matters.
Soh
Chee Seng is a member of the LC
VIEWS Editorial Board.
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