Tricor Group Announces Changes to Executive Management Team

Jul 1, 2017

10 July 2017, Hong Kong SAR – Tricor Group (“Tricor”), the leading provider of integrated Business, Corporate and Investor Services in Asia Pacific, is delighted to announce today the appointment of Wendy Wang as Chief Operating Officer and Chief Financial Officer, and Charles Ferguson as Chief Commercial Officer, reporting to Group Chief Executive Johnny Ng.

Wendy, with an excellent track record in cross-functional management, operations and finance, joins Tricor from Genpact, the leading business process outsourcing provider, where she was Senior Vice President (Sales, Solution, Practice, Transition) and prior to that, Genpact Asia Chief Financial Officer. Wendy has assumed responsibility for operations and finance of the Group, effective July 2017.

Charles, with substantial management and sales leadership experience, joins Tricor from ADP, the leader in global payroll, where he was President for Asia Pacific. Charles has assumed responsibility for sales, marketing and product innovation of the Group, effective May 2017.

With these two appointments, Tricor announces that Julian Chow, our Group Managing Director, will be retiring from his current executive position and joining the Board of the holding company of Tricor as Non-Executive Director, effective 1 October 2017.

Julian is the Founder of the core components of the Tricor business. Julian, working together with Group Chief Executive Johnny Ng, has been instrumental in building Tricor as a major corporate service provider across Asia, and in leading and completing the sale of Tricor to Permira, the global private equity firm, in 2017.

The Tricor Group would like to extend its heartfelt appreciation to Julian for his significant contribution to Tricor over many years and look forward to his continuing guidance as a member of the Board.

Julian Chow commented, “My work at Tricor has brought me in touch with many clients, business partners, and Tricorians over the years. It has been both a great pleasure and a rewarding learning experience to have worked with you all. I wish to thank you for your trust in me and your support, and in particular, your warm friendship. I shall continue to share my experience with Tricor colleagues in a new capacity, as your Non-Executive Director. Tricor will attain new heights under our able leadership, strengthened with the joining of Wendy and Charles, who will be bringing in new expertise and innovations.”

Johnny Ng added, “We are fortunate to have Wendy and Charles, both with impeccable credentials, joining our senior management team. They will no doubt both play leading roles in the exciting future for Tricor that lies ahead. I also wish to take this opportunity to thank Julian for his important and lasting contributions to Tricor. I have had the great privilege and pleasure of working closely with Julian for more than 14 years and have benefited a lot from his unfailing support and wise counsel. I would like to welcome both Wendy and Charles to Tricor, and wish Julian every success in his new role.”

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Topics: Tricor Business Entities, Tricor Group, Tricor News & Events, Announcement

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