Charles Monat Announces New CEO in Singapore
Press Release - Singapore | Published on 08 May 2018
Charles Monat Associates Pte. Ltd., the Singapore entity of Charles Monat Group, the leading independent global High Net Worth insurance broker, announced today that Martin Wong has accepted to join the Operational Committee of the Charles Monat Group effective 5 th November 2018.
Martin will join Charles Monat as Singapore Chief Executive Officer as well as becoming a partner and shareholder for the Charles Monat Group, subject to regulatory approval. In this new role, Martin will be responsible for managing the expansion of Charles Monat business in South East Asia covering both the international business and new domestic markets. He will report to Yves Guélat, Group CEO.
Martin joins Charles Monat from Jardine Lloyd Thompson Private Client Services where he served since 2010 as General Manager, Deputy Chief Executive, and then as Chief Executive Officer Singapore. In these roles, he led the expansion of the High Net Worth business and was responsible for the strategic direction of the company, key partner relationships and opening of new domestic offices in South East Asia. Martin also served as Vice President at Merrill Lynch & Co, based in New York, USA. He graduated from the National University of Singapore and Case Western Reserve University and is known as a highly regarded speaker for the industry at private banking and insurance symposiums.
Commenting on the appointment, Yves Guélat, Group CEO of Charles Monat said, “We are very delighted to welcome Martin to lead our South East Asia team. He is a renowned industry figure whose vast experience will enable us to continue building Charles Monat as the premier High Net Worth insurance broker. His global experience in the High Net Worth space, proven track record, wealth transfer expertise and strong relationships with many key strategic partners will be a tremendous benefit for us as we continue to fulfil our ambitious long-term growth strategy and goals.”
Yves Guélat further added: “Since our Management buyout, Charles Monat has added close to 70 new experts across our global operations and we will continue to recruit the best talents to keep up with our strong sales momentum.”
The Company also announced a number of internal promotions including Ray Ang to Chief Sales Officer, Nikki Koh to Chief Distribution Officer, Lee Eik Hong to Sales Operations Leader, both Katherine Ho and Shawn Lim to Sales Team Leaders.
More growth initiatives are expected to be announced in the new few months.
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