PwC appoints new Singapore Asset & Wealth Management Leader

1 October 2019 – PwC Singapore has appointed Paul Pak as the new Leader of its Asset & Wealth Management (AWM) practice with effect from 1 October 2019. Paul succeeds Justin Ong, who has led the practice since 2006.

Since 2012, Paul has led the Risk, Regulations and Compliance team within PwC Singapore’s AWM practice. He has over 22 years of experience working with and helping asset management, asset servicing and wealth management businesses in Asia Pacific, the UK and the US.

Justin Ong, Asia Pacific Asset & Wealth Management Leader, PwC says:

“In the last 5 years, we have seen the pace of change within the asset and wealth management industry pick up and the Singapore landscape is evolving faster than ever before. With Paul’s vast international experience with asset and wealth managers, I’m confident that he will be able to lead the Singapore practice through this new and exciting era.”

Commenting on his appointment, Paul Pak, Singapore Asset & Wealth Management Leader says:

“I would like to thank Justin for his unwavering commitment and successful leadership of PwC Singapore’s AWM practice over the last 13 years. Under his visionary leadership, his contribution has gone beyond the strategic growth of the practice and our clients; he has also been a passionate advocate in furthering the development of Singapore’s AWM industry. The opportunity to lead this practice is humbling. I look forward to working with the team to build upon the vision, success and solid foundation, and importantly help our clients navigate and maximise the opportunities in the exciting era to come.”

Justin will continue to lead PwC’s AWM practice across Asia-Pacific and PwC’s Financial Services Assurance practice in Singapore.