“In my quest to elevate IFPAS to new heights, I envisioned a future where our organization stands as a beacon of excellence in the financial services sector through strategic partnerships and a commitment.”

Derrick Yip began his professional journey in the financial sector within a local bank, where he spent close to 7 years in various roles — starting as a Branch Officer and Service Manager, before advancing to become a Commercial Banking Relationship Manager. In 2012, seeking a more meaningful and long-term impact on individuals and families, Derrick transitioned to the field of financial planning with Manulife. This bold career move marked the start of a purposeful mission: to guide clients through life’s milestones with trusted advice, financial protection, and strategic wealth solutions.

Over the past 13 years, Derrick has built an impressive career grounded in professionalism, trust, and client-centricity. His deep empathy and foresight in financial planning have earned him the confidence of clients and the respect of industry peers.

Derrick believes that the foundation of a respected profession is knowledge. He holds an extensive suite of advanced professional designations:

ChFC®/S – Chartered Financial Consultant/Singapore
AEPP® – Associate Estate Planning Practitioner
Certified Will Planner
SAMP™ – Singapore Accredited Mortgage Planner
IFPAS Certified HNW Adviser

These qualifications reflect his dedication to equipping himself — and his clients — with the expertise needed to navigate financial complexity and life transitions with confidence.

Derrick’s service to the Insurance and Financial Practitioners Association of Singapore (IFPAS) began in 2019 when he joined as a Council Member. Over the next six years, he played critical leadership roles including:
Honorary Secretary
Vice President of Public Relations

During his tenure, Derrick championed several transformative initiatives that modernised the association and raised the visibility of financial practitioners in Singapore. His key contributions include:

Rebranding IFPAS – Refreshing its identity to align with today’s standards of professionalism and trust.
Spearheading the Trusted Financial Practitioner (TrFP) Awards – Honouring advisers who exemplify ethics, integrity, and excellence in client service.

Strengthening public and media engagement – Advocating for the accurate representation of financial professionals and educating the public on the value of sound financial advice.

Vision for the Future – Leading IFPAS Forward

As President-Elect, Derrick has articulated a bold and inclusive roadmap for IFPAS — one rooted in values and driven by vision. Guided by the acronym IFPAS, his manifesto outlines the pillars for the association’s future:

I – Integrity & Identity
Uphold the highest ethical standards across the profession and build a unified, dignified identity for all financial practitioners.
F – Future-Ready Practitioners
Equip members to thrive in a fast-changing world — with access to tools, certifications, and upskilling in areas such as estate planning, cross-border wealth management financial planning for HNW individuals and business owners, and so on.
P – Public Trust & Professionalism
Strengthen the credibility and reputation of the financial advisory profession through consistent education, ethical branding, and proactive media engagement.
A – Advocacy for All
Represent the interests of every practitioner — whether just starting out or a seasoned financial practitioner — and ensure their voices are heard in key industry dialogues.
S – Supportive Community
Foster a nurturing and vibrant professional community where mentorship, peer learning, and recognition form the backbone of personal and collective growth.

“To protect, promote, and professionalize financial planning in Singapore — that’s the legacy I am committed to building. IFPAS is more than an association; it is a movement that shapes the future of our profession.”

— Derrick Yip, President-Elect of IFPAS

• BSc (Hons) in Psychology, Singapore University of Social Sciences
• Chartered Financial Consultant®/Singapore (ChFC®/S), Associate Financial Consultant (AFC), Associate Estate Planning Practitioner (AEPP®), Certified Will Planner, Singapore Accredited Mortgage Planner (SAMP™), IBFA, Cert SCI (GI), Certified High Net Worth Adviser
• Manulife Singapore, Assistant Vice President, Financial Services
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