Ernst & Young (E&Y) has launched a fully integrated Asia-Pacific financial services organisation (FSO).
E&Y said the Asia-Pacific FSO, which will be headed up by Keith Pogson, is the first of its kind in the region and will enable its staff to work seamlessly across borders to provide improved service to its financial services clients.
The integration will bring together 2,500 of E&Y’s existing FSO professionals in the region to focus on three sectors – banking and capital markets, asset management and insurance in major and fast growing financial centres including Singapore, Hong Kong, Mainland China, Australia, Korea and Vietnam.
It will also link with the firms Americas, Europe Middle East, India and Africa, and Japan FSOs.
The firm expects the FSO will generate more than 1,500 new permanent jobs in the region in the next five years.