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Global Professional Services Firm Names Head Of Wealth Management In Asia
Mercer, the global professional services firm, announced today it has appointed Steven Seow as head of wealth management in Asia.
Mercer, the global professional services firm, announced today it has appointed Steven Seow as head of wealth management in Asia, the company confirmed to this publication after it had heard of the move.
The appointment was announced today by Cara Williams, senior partner and global head of Mercer Investment’s Global Wealth Management business.
Seow will be based in Singapore. He is replacing Edmund Teo who left Mercer in April to pursue other opportunities, a spokesperson for the firm told this publication.
“Mr Seow’s appointment comes at a time of significant expansion of Mercer’s wealth management services globally,” Mercer said in a statement.
Previously, Seow was director of banking and wealth management at Ernst & Young Advisory, which he joined in 2008. In this role, he led the Singapore wealth management team to provide private banks and retail banks in Asia with business advisory services in investment suitability, product development, front-to-back office enabling technology and business operations controls. His previous experience in the field of private banking includes Citi Private Bank, IBM Business Consulting, PwC Consulting and Odyssey Financial Technologies.
Among recent expansion moves by Mercer include its introduction of the Mercer Advisor Portal (MAP). Wealth managers, private client asset managers, private banks and financial advisors can access, through the portal, institutional-quality research and analytical tools to help improve the performance of their clients’ assets.
“Steven’s credentials are very relevant to the expansion of services Mercer is bringing to the wealth market,” said Williams. “He brings an impressive depth and breadth of experience serving the institutions in Asia that cater to wealth management clients, and we are delighted to have the benefit of his leadership as we continue to invest in Mercer’s wealth management capabilities globally and in the region.”
