David Teo possesses over nine years of specialized experience in Compliance, Operational Risk, and Internal Controls within the banking and payments industry. His expertise is particularly focused on Anti-Money Laundering (AML) frameworks and regulatory adherence. Currently serving as the Country Compliance Manager for a global money-changing service provider, David oversees a comprehensive compliance mandate that includes drafting policies, transaction monitoring, suspicious transaction reporting (STR), regulatory reporting, staff training and data protection.

Previously, David served as an Assistant Vice President in the Cards and Payments department at United Overseas Bank (UOB). As the AML representative for this business line, he acted as the primary liaison between Compliance, Operations, Internal Audit, and Senior Management. Crucially for his role as an educator, he served as the principal trainer for the business unit, ensuring that complex new regulations, policies, and processes were effectively communicated to both management and front-line staff. He also led a team of officers responsible for KYC quality assurance and transaction investigations.

A defining highlight of his tenure at UOB was his role in co-spearheading a full-scale merchant remediation exercise. David successfully aligned the business with the stringent requirements of MAS Notice 626, remediating a massive customer base with complex ownership structures within a tight one-year timeline.

David holds a Bachelor of Arts in Mass Communications from Curtin University of Technology, Australia, and a Diploma in Multimedia Computing.