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SINGAPORE, April 14, 2026 /PRNewswire/ -- The Responsible Fintech Institute (RFI) has appointed Distinguished Professor Patrick H. M. Loh and Professor Tek Yew Chia as Executive Fellows, strengthening its leadership team as global financial systems accelerate towards greater integration between traditional finance, digital assets, and emerging technologies.
The appointments come at a critical juncture for the financial industry, as institutions, regulators, and technology players navigate increasing complexity across digital asset governance, artificial intelligence, and cross-border interoperability. While stablecoin networks process trillions in transaction volume annually, McKinsey[1] estimates that only around US$390 billion reflects real payment activity, underscoring the gap between technological capability and real-world adoption, and reinforcing the need for coordinated, principles-based frameworks.
As Executive Fellows, Distinguished Professor Loh and Professor Chia will drive global policy alignment, strengthen strategic institutional partnerships, and lead thought leadership and engagement with regulators and industry leaders to support the development of interoperable and responsible financial ecosystems.
Welcoming the appointments, Chia Hock Lai, Chairman of RFI, said, "We are pleased to welcome Distinguished Professor Patrick H. M. Loh and Professor Tek Yew Chia at a time of significant structural change in the financial ecosystem. As the lines between traditional and digital finance continue to blur, there is an increasing need for trusted leadership to guide policy development and institutional collaboration. Their combined experience across governance, strategy, and technology domains will strengthen RFI's role in supporting more resilient financial systems."
Professor Tek Yew Chia brings over 30 years of experience across financial services, digital transformation, and regulatory strategy in Asia and the Middle East. He is currently Adjunct Professor and Advisor at the National University of Singapore's Asian Institute of Digital Finance (NUS-AIDF), founded by the Monetary Authority of Singapore, the National Research Foundation, and NUS, where he contributes to advancing research and innovation in digital finance. He is also a senior advisor to the Boston Consulting Group and advises the Global FinTech Network (GFTN) and the ASEAN Bankers Association.
Previously, Professor Chia was Vice Chairman of Oliver Wyman Singapore, where he led the firm's Asia-Pacific insurance practice. His earlier career includes senior roles at KPMG, PwC Consulting, and Hewlett-Packard, spanning strategy, risk, and technology transformation.
Commenting on his appointment, Professor Tek Yew Chia said, "As financial systems become more digitised and interconnected, driven by the transition toward a global 'Finternet', the broader institutional adoption of Web 3.0, and the rapid deployment of artificial intelligence, the challenge is no longer innovation alone, but ensuring it is anchored in sound governance and credible frameworks. I look forward to working with RFI and its partners to support policy development in areas such as AI governance and digital assets, and to contribute to a more secure and inclusive financial ecosystem."
Distinguished Professor Patrick H. M. Loh joins RFI with an extensive and distinguished background spanning scientific innovation, institutional governance, and cross-disciplinary leadership. In November 2024, he was conferred the inaugural Singapore Distinguished Professor title by Murdoch University, Australia, in recognition of his contributions to plant sciences and related disciplines, including bio-innovation, entrepreneurship, research and development, and industry collaboration.
He currently serves as Senior Fellow at the Centre for Governance and Sustainability at NUS Business School and holds multiple advisory roles across academia and industry. He is also Chairman of the Advisory Board at Murdoch University in Singapore and an Honorary Founding Member of the College of Business at Murdoch Business School.
In recognition of his distinguished leadership and service to the community, Professor Loh was conferred the Bintang Bakti Masyarakat (BBM – The Public Service Star) in 2006 and the Pingat Bakti Masyarakat (PBM – The Public Service Medal) in 2001 by His Excellency, the President of the Republic of Singapore.
Sharing his perspective, Distinguished Professor Patrick H. M. Loh said, "As digital finance continues to advance, there is a growing need to balance technological progress with strong governance and ethical leadership. RFI plays an important role in bringing together stakeholders to address these challenges, and I look forward to contributing to the development of frameworks that support sustainable and responsible innovation."
Both leaders will contribute to strategic initiatives across thought leadership, policy engagement, and global stakeholder collaboration, including supporting the development of industry frameworks, engaging with regulators and standard-setting bodies, and mentoring senior executives across the financial ecosystem.
The RFI Executive Fellowship is designed for senior leaders with at least 20 years of experience in executive leadership and a demonstrated track record in shaping financial policy or institutional strategy. Fellows are expected to operate with institutional neutrality while contributing to globally aligned and responsible financial systems.
About the Responsible Fintech Institute (RFI)
The Responsible Fintech Institute (RFI) is a global nonprofit organisation based in Singapore. Our goal is to create a safe, trustworthy, and reliable future for digital finance by building the digital utilities to support responsible innovation. Our work involves bringing together different public and private sector stakeholders to help build the necessary rules and technology for new digital financial tools, making the digital asset world sustainable and inclusive for everyone.
SINGAPORE, April 14, 2026 /PRNewswire/ -- The Responsible Fintech Institute (RFI) has appointed Distinguished Professor Patrick H. M. Loh and Professor Tek Yew Chia as Executive Fellows, strengthening its leadership team as global financial systems accelerate towards greater integration between traditional finance, digital assets, and emerging technologies.
The appointments come at a critical juncture for the financial industry, as institutions, regulators, and technology players navigate increasing complexity across digital asset governance, artificial intelligence, and cross-border interoperability. While stablecoin networks process trillions in transaction volume annually, McKinsey[1] estimates that only around US$390 billion reflects real payment activity, underscoring the gap between technological capability and real-world adoption, and reinforcing the need for coordinated, principles-based frameworks.
As Executive Fellows, Distinguished Professor Loh and Professor Chia will drive global policy alignment, strengthen strategic institutional partnerships, and lead thought leadership and engagement with regulators and industry leaders to support the development of interoperable and responsible financial ecosystems.
Welcoming the appointments, Chia Hock Lai, Chairman of RFI, said, "We are pleased to welcome Distinguished Professor Patrick H. M. Loh and Professor Tek Yew Chia at a time of significant structural change in the financial ecosystem. As the lines between traditional and digital finance continue to blur, there is an increasing need for trusted leadership to guide policy development and institutional collaboration. Their combined experience across governance, strategy, and technology domains will strengthen RFI's role in supporting more resilient financial systems."
Professor Tek Yew Chia brings over 30 years of experience across financial services, digital transformation, and regulatory strategy in Asia and the Middle East. He is currently Adjunct Professor and Advisor at the National University of Singapore's Asian Institute of Digital Finance (NUS-AIDF), founded by the Monetary Authority of Singapore, the National Research Foundation, and NUS, where he contributes to advancing research and innovation in digital finance. He is also a senior advisor to the Boston Consulting Group and advises the Global FinTech Network (GFTN) and the ASEAN Bankers Association.
Previously, Professor Chia was Vice Chairman of Oliver Wyman Singapore, where he led the firm's Asia-Pacific insurance practice. His earlier career includes senior roles at KPMG, PwC Consulting, and Hewlett-Packard, spanning strategy, risk, and technology transformation.
Commenting on his appointment, Professor Tek Yew Chia said, "As financial systems become more digitised and interconnected, driven by the transition toward a global 'Finternet', the broader institutional adoption of Web 3.0, and the rapid deployment of artificial intelligence, the challenge is no longer innovation alone, but ensuring it is anchored in sound governance and credible frameworks. I look forward to working with RFI and its partners to support policy development in areas such as AI governance and digital assets, and to contribute to a more secure and inclusive financial ecosystem."
Distinguished Professor Patrick H. M. Loh joins RFI with an extensive and distinguished background spanning scientific innovation, institutional governance, and cross-disciplinary leadership. In November 2024, he was conferred the inaugural Singapore Distinguished Professor title by Murdoch University, Australia, in recognition of his contributions to plant sciences and related disciplines, including bio-innovation, entrepreneurship, research and development, and industry collaboration.
He currently serves as Senior Fellow at the Centre for Governance and Sustainability at NUS Business School and holds multiple advisory roles across academia and industry. He is also Chairman of the Advisory Board at Murdoch University in Singapore and an Honorary Founding Member of the College of Business at Murdoch Business School.
In recognition of his distinguished leadership and service to the community, Professor Loh was conferred the Bintang Bakti Masyarakat (BBM – The Public Service Star) in 2006 and the Pingat Bakti Masyarakat (PBM – The Public Service Medal) in 2001 by His Excellency, the President of the Republic of Singapore.
Sharing his perspective, Distinguished Professor Patrick H. M. Loh said, "As digital finance continues to advance, there is a growing need to balance technological progress with strong governance and ethical leadership. RFI plays an important role in bringing together stakeholders to address these challenges, and I look forward to contributing to the development of frameworks that support sustainable and responsible innovation."
Both leaders will contribute to strategic initiatives across thought leadership, policy engagement, and global stakeholder collaboration, including supporting the development of industry frameworks, engaging with regulators and standard-setting bodies, and mentoring senior executives across the financial ecosystem.
The RFI Executive Fellowship is designed for senior leaders with at least 20 years of experience in executive leadership and a demonstrated track record in shaping financial policy or institutional strategy. Fellows are expected to operate with institutional neutrality while contributing to globally aligned and responsible financial systems.
About the Responsible Fintech Institute (RFI)
The Responsible Fintech Institute (RFI) is a global nonprofit organisation based in Singapore. Our goal is to create a safe, trustworthy, and reliable future for digital finance by building the digital utilities to support responsible innovation. Our work involves bringing together different public and private sector stakeholders to help build the necessary rules and technology for new digital financial tools, making the digital asset world sustainable and inclusive for everyone.
[1] Stablecoins in payments: What the raw transaction numbers miss, McKinsey & Company, Feb 18 2026
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Responsible Fintech Institute Strengthens Global Policy Leadership with Appointment of Two Executive Fellows Amid Growing Complexity in Digital Finance
BALI, Indonesia, April 14, 2026 /PRNewswire/ -- Strengthening its position as a leading wellness destination in Bali, The Westin Resort Nusa Dua, Bali proudly unveils a new chapter of holistic well-being with the launch of its latest wellness facilities and experiences from 1 April 2026.
This enhanced offering introduces a revitalized Spin Studio, an all-new Hot Yoga Sanctuary, a dedicated Reformer Pilates Studio designed for mindful movement, and a premium beachfront Ice Bath experience - set against the calming rhythm of the ocean, alongside a thoughtfully curated Wellness Day Pass.
Rooted in Westin's holistic wellbeing philosophy, these new offerings are designed to inspire guests to move better, feel stronger, and live more mindfully, bringing together movement, recovery, and balance in one seamless journey.
Align. Strengthen. Restore. Discover Reformer Pilates
Introducing a more intentional approach to strength and alignment, the resort's dedicated Reformer Pilates Studio offers a refined space where precision meets control. Designed to enhance core stability, posture, and overall body awareness, each session supports both beginners and experienced practitioners through mindful, low-impact movement.
Reformer Pilates encourages:
- Improved core strength and muscular balance
- Enhanced flexibility and body alignment
- Controlled, full-body conditioning through resistance-based training
- This thoughtfully curated experience invites guests to reconnect with their body through purposeful movement, building strength from within while maintaining a sense of ease and flow.
Ride. Sweat. Energize. A New Era of Fitness at the Spin Studio
Complementing the resort's wellness offering, the new Spin Studio is a high-energy space where rhythm, movement, and motivation converge.
Featuring guided RPM sessions for both beginners and intermediate levels, the studio is designed to:
- Build endurance and cardiovascular strength
- Enhance performance through structured training
- Energize both body and mind through immersive rhythm-based workouts
Flow. Sweat. Renew. Introducing the Hot Yoga Sanctuary
Guests are invited to step into gentle warmth at the resort's newly introduced Hot Yoga Sanctuary, where breath, movement, and balance come together in a calming, restorative environment.
Designed to release tension, improve flexibility, and support inner renewal, the space offers daily guided sessions including:
- Hot Pilates on Mat
- Hot Yoga for Beginners
- Hot Ashtanga Yoga (Intermediate)
Recover. Reset. Revive. The Beachfront Ice Bath Experience
Set against the soothing backdrop of the ocean, the resort's premium beachfront Ice Bath offers a revitalizing recovery ritual designed to awaken the senses and restore balance. Ideal after an energizing workout or wellness session, the Ice Bath helps to:
- Reduce muscle tension and support recovery
- Improve circulation and reduce inflammation
- Enhance mental resilience through controlled breath and stillness
Wellness Day Pass – A Complete Journey in One Day
Launched alongside the new facilities, the Wellness Day Pass offers guests and local residents the opportunity to experience the best of Westin's wellness offerings within a single day.
The Wellness Day Pass includes:
- Access to all group wellness activities (including yoga, Reformer Pilates and spin sessions)
- Access to complimentary resort activities
- 30-minute access to Thermal Facilities at Heavenly Spa by Westin
- IDR 200,000 dining credit
- 15% savings on spa treatments
- 30% savings on selected wellness activities
Guided by Wellness Expertise
The launch is further strengthened by the presence of Dr. Jitendra Pokhriyal, whose guidance reinforces the importance of integrating movement, recovery, and sleep into a balanced lifestyle.
A New Chapter of Wellness at Westin
"At Westin, wellness is at the core of everything we do," said General Manager, Sander Looijen. "With the introduction of our new Spin Studio, Hot Yoga Sanctuary, and Reformer Pilates Studio, alongside a premium beachfront Ice Bath designed for optimal recovery, we are creating more opportunities for our guests to prioritize their well-being in a way that feels both inspiring and accessible. Complemented by our signature Beach Workout, which remains complimentary for all, these offerings reflect our commitment to making wellness an integral part of every stay. Together with the guidance of our Director of Wellness & Recreation, Dr. Jitendra Pokhriyal, we aim to empower our guests to move better, sleep better, and ultimately live better."
Westin Wellness Facilities Launch Overview:
- The Westin Resort Nusa Dua, Bali wellness facilities launch April 2026
- New wellness experiences at The Westin Resort Nusa Dua, Bali
- Luxury wellness resort in Nusa Dua, Bali
- New Spin Studio at Bali beachfront resort
- Hot Yoga Sanctuary in Nusa Dua, Bali
- Reformer Pilates Studio in Bali resort
- Beachfront Ice Bath experience in Bali
- Wellness Day Pass Bali – resort wellness access
Wellness Facilities & Experiences
- Heated Hot Yoga Studio with guided sessions in Bali
- Reformer Pilates classes for strength and balance
- RPM indoor cycling and spin classes in Bali
- Premium beachfront ice bath for recovery and performance
- Complimentary Beach Workout (outdoor beachfront fitness in Bali)
- Group fitness, mindful movement, and wellness programs
- Holistic wellness experiences in Nusa Dua beachfront setting
For more information or to reserve your Wellness Day Pass and wellness sessions at The Westin Resort Nusa Dua, Bali, please contact: T. +62 361 771906 www.westinnusaduabali.com and social media @westinbali.
High resolution images are available here: https://marrstar.box.com/s/51foefx2xpnres7yoyamkke29pboooff
About The Westin Resort Nusa Dua, Bali
The Westin Resort Nusa Dua, Bali enjoys a prime beachfront location within an exclusive enclave on the island's southern shores. With 432 modern rooms, it is a place where guests can be at their best and experience total renewal. Guided by Westin's signature pillars of well-being, the resort offers an enriching stay through thoughtfully curated facilities and experiences. Guests can energize at WestinWORKOUT® Fitness Studio, the open-air Beach Workout, and newly enhanced wellness facilities including a Reformer Pilates Studio, Spin Studio, and Hot Yoga Sanctuary. Recovery and relaxation are elevated with the resort's signature Ice Bath experience by the ocean, as well as the award-winning Heavenly Spa by Westin™, offering holistic treatments designed to restore balance. Culinary journeys across seven restaurants and bars cater to global tastes, including nourishing Eat Well menu options. The resort is also a sought-after destination for weddings and celebrations, offering picturesque beachfront venues, elegant indoor spaces, and personalized services designed to create unforgettable moments. Families are equally well cared for, with engaging activities at the Westin Family Kids Club.
The adjacent Bali International Convention Centre (BICC) provides comprehensive meeting facilities for up to 10,000 delegates, making the resort an ideal destination for both leisure and business travelers. With its seamless blend of wellness, hospitality, and beachfront charm, The Westin Resort Nusa Dua, Bali delivers a stay that inspires renewal in every sense.
About Westin® Hotels & Resorts
Westin Hotels & Resorts, hospitality's global leader in wellness for more than a decade, empowers guests to transcend the rigors of travel while on the road through the brand's pillars of well-being: Sleep Well, Eat Well, and Move Well. At more than 245 hotels and resorts in 45 countries and territories, guests can benefit from distinct wellness experiences including the brand's iconic and award-winning Heavenly® Bed, signature WestinWORKOUT® offerings such as its 24/7 Fitness Studios, WestinWORKOUT Routes, and its versatile Gear Lending program, delicious and nutritious menu offerings on their Eat Well menu, and more. For more information, please visit www.westin.com and stay connected on X, Instagram, TikTok, and Facebook. Westin is proud to participate in Marriott Bonvoy®, the global travel program from Marriott International. The program offers members an extraordinary portfolio of global brands, exclusive experiences on Marriott Bonvoy Moments and unparalleled benefits including free nights and Elite status recognition. To enroll for free or for more information about the program, visit marriottbonvoy.com.
About Marriott Bonvoy®
Marriott Bonvoy, Marriott International's award-winning travel platform, connects travelers to the people, places, and passions they love through an extraordinary collection of hotels and experiences worldwide. The platform features over 30 hotel brands and 10,000 destinations, including the largest collection of luxury offerings, distinctive boutique properties, premium home rentals, and more, providing renowned hospitality across the globe. With unrivaled access to the best in entertainment, culinary, sports, outdoor adventure, arts, culture, and more, Marriott Bonvoy offers transformative travel experiences that leave a lasting impression. Marriott Bonvoy membership is free and unlocks unique benefits including the ability to earn points through travel and everyday activities, like purchases with co-branded credit cards. Members can redeem their points for free stays, experiences and more. Visit marriottbonvoy.com for more information and download the Marriott Bonvoy app here. Travelers can connect with Marriott Bonvoy on Instagram, TikTok, YouTube, and Facebook.
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Flow. Sweat. Renew. - The Westin Resort Nusa Dua, Bali launches New Wellness Spaces and Wellness Day Pass Experience
