SINGAPORE, 19 June 2026 Embed Financial Group Cayman Holdings (“EFGH” or the “Company”), the Singapore-headquartered digital financial infrastructure company pursuing a US listing, today announced the appointment of Mr. Tommy Leong as Independent Board Advisor. Mr. Leong spent a decade at Schneider Electric, one of the world’s largest companies in data centre power and cooling infrastructure, where he ran its East Asia business before leading global digital transformation of customer experience and commercial operations.
EFGH is in active discussions with local partners in selected emerging markets on the potential development of data centre infrastructure as part of their broader sovereign digital financial platform. Mr. Leong’s appointment reflects the Company’s intent to ensure it has the right expertise at the table as those conversations mature.
The Schneider Electric connection is significant. Schneider Electric is the global leader in data centre energy management, power distribution and cooling infrastructure, with its solutions deployed inside the world’s largest hyperscale and enterprise data centres. As the former Zone President for East Asia, Mr. Leong led the company’s overall business across 14 markets, overseeing digital infrastructure deployments in multiple markets and clients at scale. He subsequently served as Senior Vice President of Global End-to-End Digital Customer Relationship, leading digital transformation of customer experience and commercial operations worldwide. That body of experience is directly relevant to the infrastructure model EFGH is building.
“Tommy brings something rare. He has spent a decade building and scaling digital infrastructure projects at Schneider Electric, one of the world’s foremost companies in data centre power and cooling infrastructure. As EFGH explores data centre opportunities in selected emerging markets and advances its broader digital financial infrastructure platform, his counsel will be invaluable. We are building for the long term, and Tommy is exactly the kind of strategic mind we want at the table.”
— Dennis Ng, Founder and Executive Chairman, Embed Financial Group Cayman Holdings
EFGH operates on a B2B2C model, working through governments, state-linked entities, regulated financial institutions and enterprises to deploy payments, digital wallets, remittance, embedded insurance and blockchain-based trust infrastructure at scale. In Ghana, the Company holds a mandate from the District Assemblies Common Fund to deploy the NKWA digital wallet across 261 districts. In Vietnam, EFGH is a partner in the VNL1 digital trust layer, with five additional workstreams under active development. Data centre infrastructure, where it is developed, will form part of the physical foundation supporting these digital financial systems.
Beyond his tenure at Schneider Electric, Mr. Leong brings 13 years of senior leadership experience at Philips across Asia Pacific, Greater China, Middle East and Africa, including as President of Philips Lighting for Greater China, and nine years at Procter & Gamble. He holds nine years of board experience and currently serves as Board Director in CSE Global and Global Buildings Performance Network, among other board and advisory roles. He is an Accredited Senior Director with the Singapore Institute of Directors and an Associate Faculty at the Singapore Institute of Technology. Mr. Leong holds a Bachelor of Business Administration from the National University of Singapore and has completed executive programmes at INSEAD, Stanford-NUS, SMU and Cheung Kong Graduate School of Business.
“Schneider Electric is deeply embedded in the global data centre ecosystem, from power management to cooling infrastructure to edge computing, and my years in both regional and global leadership roles gave me a front-row seat to how digital infrastructure gets built, financed and scaled. EFGH is doing something genuinely interesting: embedding financial infrastructure into the same physical and digital layer that economies run on. The opportunity is real, and I look forward to contributing to that journey.”
— Tommy Leong, Independent Board Advisor, Embed Financial Group Cayman Holdings
Mr. Leong’s appointment is the latest in a series of senior advisory hires as EFGH builds toward its US listing via business combination with WinVest Acquisition Corp (NYSE: WINV). EFGH’s management refers to its integrated infrastructure architecture, spanning payments, trust, identity and data, as the “Finternet”: a financial operating system for the digital economy.
About Embed Financial Group Cayman Holdings
Embed Financial Group Cayman Holdings is a Singapore-headquartered digital financial and administrative infrastructure company. Operating through a B2B2C model, EFGH partners with governments, state-linked entities, regulated financial institutions and enterprises to deploy payments, digital wallets, remittance, embedded insurance and blockchain-based trust infrastructure at scale. The Company is pursuing a US listing via business combination with WinVest Acquisition Corp (NYSE: WINV). For more information, visit [www.efgh.com].
Media Contact
Eugene Leow
Co-Founder and Deputy Group CEO
Embed Financial Group Holdings
[eugene.leow@efgh.com]
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