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From wiki.

Pro-Tem Singapore Accountancy Council was formed in September 2010.[11] Bobby Chin was the first chairman of the PSAC. Under his leadership, the PSAC laid the groundwork which led to the development of the Singapore Qualification Programme (QP) and the Singapore CFO Institute.[10] In October 2011, Michael Lim, chairman, Land Transport Authority, took over as chairman from Mr Bobby Chin.