Directors of Precepts Trustee Ltd

We are a leading provider of private trust services for families and business owners.

PreceptsGroup International
Precepts Trustee
Directors of Precepts Trustee Ltd

Our experienced Board of Directors oversees Precepts Trustee Ltd in relation to the administration, investment, risk and compliance.

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We are dedicated to provide comprehensive planning and solutions for wealth distribution, wealth succession, estate administration for individuals and families.

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Mr. Lee Chiwi

Executive Director
Director and Chief Executive, PreceptsGroup International Pte Ltd

Lee Chiwi is the Chief Executive Officer of PreceptsGroup International Pte Ltd and Chairman of Estate Planning Practitioners Limited (EPPL). He was called to the Bar of & Wales as a Barrister-at-Law in 1986 and admitted as an Advocate & Solicitor of Singapore in 1988. He worked in various law firms in Singapore for some 16 years focused in the areas of corporate, funds and private client work. He was appointed Chief Executive of British and Malayan Trustees Limited, then a public listed trust company from 2006 to 2007.

In 2008, he joined the Rockwills Group in Singapore as Chief Executive to spearhead Rockwills’ business in Estate Planning, Wills, and Trusts. In 2019, in a management buy- out of Rockwills Singapore, he became its substantial owner and the group was renamed as the PreceptsGroup. He is a TEP member of the Society of Trust and Estate Practitioners and was Chairman of the Singapore STEP Branch (2014/15). He was also designated ChT (Chartered Trustee) by the Singapore Trustees Association in 2015, a title borne only by senior trust practitioners in Singapore.

Chiwi is the author of various books including “PreceptsGroup Succession and Trusts in Wealth Management”, 4th Edition, 2021; and “Drafting of Trusts and Will Trusts”, with James Kessler Q.C., 2nd edition, 2015. He has been invited to speak at many forums, including organizers such as STEP, FPAS, CFA Society Singapore, the IBF and given training on trust structures to tax officers at the Inland Revenue. He was an adjunct faculty with the Singapore Management University, lecturing in the MSc Program in Wealth Management, (Estate Planning and Tax).

Ms. Jaclyn Choon

Executive Director
Director, Trusts, Fiduciary and Corporate Services

Jaclyn is well recognised professionally with more than 20 years of experience in the corporate and fiduciary service industry. She has a wealth of knowledge and familiarity across many jurisdictions and have helped clients from multi-industries such as in trading, consulting, retail and investments and holding companies.

In addition to her industry experience, Ms. Choon’s professional credentials include the Institute of Banking and Finance Qualified (IBFQ) and the Wealth Management Institute’s Certificate in Trust Administration. She is also an affiliate of the Society of Trust and Estate Practitioners (STEP), and an Associate of Estate Planning Practitioner® (AEPP).

As Director of Precepts Trustee, Ms. Choon was instrumental in building up the organisation’s corporate secretarial and trust services. With a strong business acumen, she can quickly understand clients’ various business requirements and provide customised business and personal solutions to suit their needs. Over the years, Ms. Choon has serviced thousands of satisfied clients from all over the world, providing both incorporation and administration services relating to companies incorporated in Singapore, Hong Kong, the British Virgin Islands and many other offshore companies.

Mr. Leong Mun Kid

Executive Director
Head of Department, Trusts

Mun Kid graduated with a law degree and a Master of Business Administration from the University of London. He has a Certificate in Trust Services (CTS) with Wealth Management Institute (WMI).

Prior to joining Precepts Trustee Ltd., Mun Kid was a manager in legacy planning department in Rockwills Trustee Bhd (Malaysia), taking charge of setting up private trust for clients.

Since 2011, Mun Kid has been actively involved in estate planning for multitude of clients and has extensive experience in setting up trusts for families in Malaysia and Singapore.

Currently, Mun Kid is the Head for Trusts in Precepts Trustee Ltd. and has been appointed as a Resident Manager under criteria set out by MAS for a licensed trust company. He manages the setting up and administration of trust in Precepts Trustee Ltd. and assists clients in their estate and trust planning.

Mr. Terrence Chee

Non-Executive Director

Terrence has more than 30 years of experience in developing businesses and identifying market opportunities. Specific areas of expertise include trustee management, philanthropic advocacy and financial advisory. He sits on the boards of Singapore and Malaysian corporations.

Terrence’s philanthropic work include helming UK’s Charities Aid Foundation (CAF) Singapore office, and The Community Foundation of Singapore. He sits on charity boards that look at issues relating to persons with special needs, the elderly, teens, education.

Terrence’s specific management skill sets include: Business development, strategic oversight and HR management, trustee and custodial work, education, charity programme development, philanthropic advisory, NGO/SME management, investment management.

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