ALVAREZ & MARSAL OPENS NEW OFFICE IN MALAYSIA

KUALA LUMPUR, July 21 (Bernama) -- Leading global professional services firm Alvarez & Marsal (A&M) has opened a new office in Malaysia and appointed Corporate Performance Improvement (CPI) managing director Tze Yann (Z) Tan as country leader.

According to a statement, the office extends the firm’s geographic footprint by leveraging its newly launched Southeast Asia and Australia (SEAA) business unit and fusing the firm’s strategic growth plans with its regional commitment.

Managing director and head of Alvarez & Marsal’s Emerging Markets practice, Luis De Lucio, said: “The Malaysia office opening represents the next phase of our Asia-Pacific (APAC) growth strategy.

“By aligning our operations in Singapore, Indonesia and Australia, we are furthering our ability to maximise value and drive change for clients as we lay the groundwork for a future office in Vietnam.”

In his new role, Tan will lead a team of about 20 A&M Malaysia professionals. He brings 20 years of experience in end-to-end operations performance improvement and supply chain management gained in both consulting and corporate roles.

Tan will work with Utsav Garg, a managing director and head of A&M’s SEAA business unit, to marshal the firm’s CPI, Private Equity Performance Improvement, and Restructuring & Turnaround lines of service, both focused on addressing market concerns and solving regional clients’ complex problems.

Yoong Ming Chin, a senior director with Alvarez & Marsal’s Performance Improvement practice in Southeast Asia and Australia, will also join the Malaysia office.

Chin brings more than 13 years of strategy and operations consulting experience in the telecommunications, media and technology, financial services, payments, automotive, pharmaceutical, and retail industries across Southeast Asia.

-- BERNAMA