Irene Wong is founder and CEO of ixFintech
Cover Irene Wong is founder and CEO of ixFintech
Irene Wong is founder and CEO of ixFintech

Irene Wong, founder and CEO of ixFintech, talks about her sporting pursuits and their impact personally and professionally

Sport can lead to success on the global stage, but this is not limited to the pitch, field, court or track—having a sporting background has the potential to lead to business success too. 

Studies have shown that the vast majority—more than 90 per cent, according to a study by consultants EY and women’s sports platform espnW—of women in C-suite positions played sport. Taking up sport later in life can also have a positive impact professionally. 

To tie in with Paris 2024, our limited series Top of Her Game sees women currently or formerly in C-suite positions in a range of industries discuss their sporting journeys, the role of sport in their lives, and why they would encourage other women and girls to pursue sport. Here, Irene Wong, founder and CEO of ixFintech, a fintech platform focused on promoting financial literacy and improving the digital financial ecosystem, opens up. 

See also: Su-Yen Wong on coming to sport later in life, the meditative nature of running and the role of commitment and consistency for success in any field

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Irene Wong table tennis
Above Irene Wong was discovered by a sports agent and went on to play table tennis at a club level
Irene Wong table tennis

Have you always been interested in sport or did it come later? What’s your sporting journey? 

My love for sport developed in childhood. My parents would take us to the playground in Hong Kong's Victoria Park every evening after dinner. We’d ride our bicycles and listen to the cicadas and we’d feel close to nature. We also went hiking every Sunday afternoon with my grandfather and cousins after the big family dim sum lunch, though sometimes these excursions were too tough for kids, from full-day hikes on Lantau Island to walks from Tai Tam to North Point. 

I was first attracted to table tennis around the age of 3. The two red bats and the ball looked playful. I also loved the sound and rhythm of the sport—the sounds produced when the racket hits the ball and the ball hits the table. 

I started playing at free youth clubs, such as The Boys’ and Girls’ Clubs Association services centres. I’d line up for my game and here I got the chance to meet people from other cultures. I liked the excitement of table tennis: it drives you to face challenges; keeps you reviewing yourself—why you lost a point and what you could have done better; to keep learning and keep fighting. You also gain an understanding of your opponent. I learned to enjoy the process, not only the result.

In primary school, all the boys played table tennis, so I lined up to play them, but was teased for playing badly. Girls weren’t expected to play table tennis. I started practising at home, by arranging my dining table and putting cassette tapes together in the middle as a pretend net. I played with my two brothers and after a few years I went back and beat those same boys. 

Around the age of 13, I was discovered by a sports agent, and I joined the Hong Kong, China Table Tennis Association. At boarding school in England I was table tennis captain and trained up the school team, as well as playing for the local pub team, before going on to play for my university in London. During the summer holidays, when I was back in Hong Kong, I taught table tennis in the YWCA. But, after I graduated and started my career, the many professional exams I had to take meant I stopped playing table tennis for almost 10 years. That was until I joined Hang Seng Bank. The bank supported table tennis, and that triggered me to return to the game and to competition. But, I treated it as leisure, not as a job, as I had when I was young. 

See also: Stephanie Leung on how long-distance running can shatter self-limiting beliefs, the thrill of sailing and how she steals time to do sport

I learned to enjoy the process, not only the result.

- Irene Wong -

What's your current sport of choice? Why do you enjoy this sport in particular? 

I’ve played squash, basketball and tennis, but my sport of choice is still table tennis. Why do I enjoy it? It’s a fast ball game with so much strategy and variety if you know how to use the rubber and spin, and it’s easy to access and inexpensive.

When/how often and where do you do play table tennis? 

I currently play table tennis every Sunday with a group of elderlies, aged between 71 and 87. They share their life wisdom with me, which I enjoy very much. I hope that when I am in my eighties, I can be like them—healthy and cheerful, and still playing table tennis.

How do you make sure you fit sport into your schedule? Any tips or strategies on how to do so as a busy executive? 

Mark your calendar and make it routine. Most people exercise in the morning, which I did too when I was younger. But now I work when I am at my most energetic, which is in the morning, and play sport in the late afternoon or evening to rest my mind. 

How has sport helped you personally and professionally? 

I have never felt lonely with table tennis. The sport has brought me a lot of friends. 

Sport also built my confidence, and trained my concentration and adaptability. 

Professionally, table tennis helped me to get my dream job in finance. My first job was as an auditor trainee with one of the Big Six accounting firms. I then applied for an investment banking trader job in my second year. In my seventh and final round of interviews—which was only five minutes long—the questions that were asked were mainly about my table tennis achievements. I was hired out of over 2,400 candidates, with one important extra factor—my achievements in table tennis. My sport convinced the Head of Trading of my perseverance and I had proven my quick reflexes in my table tennis prizes and medals. I was selected by that investment bank as the only woman in their futures floor team back in 1996, a role that requires fast reactions and clear communication skills.

See also: Harshika Patel of J.P. Morgan on learning from all of life's experiences and discovering the power of pausing

Sport develops one’s ability to persevere, to recover from failure quickly and to make appropriate changes to turn failure into success.

- Irene Wong -

Why do you think people who play sport are more likely to achieve in the workplace and how do you think sport has contributed to your journey?

When you play sport, it takes time to get to know the sport and to practise. This growth process trains your discipline, persistence and endurance. When you fail in a game, you learn to continuously review yourself to do better next time. You learn to keep improving. You learn to withstand failure, recover quickly and keep fighting. Sport trains your mind to be tough and strong.   

When you play sports, you also need to plan your strategies, no matter whether you play individually or in a team. In table tennis, you need to guess how a ball will be returned; you are constantly making decisions. It drives you to make quick predictions, and try to think one step ahead. This helped me to become a good trader. 

Sport develops one’s ability to persevere, to recover from failure quickly and to make appropriate changes to turn failure into success.

Why would you encourage girls and women to take up sport?

Sport builds your confidence, discipline and perseverance. Sport shaped my character. It helped me to survive in tough environments and [encouraged me] to never give up; to keep on reviewing and improving myself. 

What are you most excited about for Paris 2024?

I am very much looking forward to the opening ceremony and to the world uniting. Let’s heal the world and make it a better place.

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