The investor services group is hiring a business development director in the territory to build its network and win new clients across Greater China and the wider East Asia region.
IQ-EQ has announced the appointment of Kenny Yeung as its new Hong Kong-based business development director, who will help maximize the organic growth of the group’s alternative funds business, the firm said on Tuesday.
Yeung has 18 years of professional experience in the management consulting, private equity and financial services sectors, 12 of which have been focused on sales and business development of financial services products.
He joins IQ-EQ from international fiduciary and financial services provider Vistra, where he was commercial director. Before that, he was an associate director focused on Asia-Pacific business development for international offshore law firm Harneys.
Strategic Hire
«Greater China is of great strategic significance to our group as wealth continues to grow at a pace in the region, new structuring solutions become available locally and more and more opportunities open up in the private wealth and funds spheres,» Jimmy Leong, IQ-EQ chief commercial officer for Asia, said about the hire.
Earlier this year, IQ-EQ hired Peter Golovsky as its Hong Kong-based managing director to drive growth in the region with a focus on entrepreneurs, family business and family offices.
IQ-EQ is a leading investor services group with capabilities that span across private equity, fund compliance, infrastructure-related legal services and multi-family office services. It has operations in 23 markets with over 3,000 employees globally and assets under administration exceeding $500 billion
