DigitalCFO Newsroom | 25 July 2022
Arthur D. Little announced that Justin Tan has been appointed as a partner and head of the company’s financial services practice in South East Asia and Taiwan.
Arthur D. Little (ADL) announced that Justin Tan has been appointed as a partner and head of the company’s financial services practice in South East Asia and Taiwan.
In a statement, the firm said Tan’s experience spans strategy development, business transformation and risk management for clients in retail and business banking, corporate banking, wealth management and private banking, and private equity. It added that prior to joining ADL, Tan was a career consultant, industry practitioner, and entrepreneur. He started his consulting career at Oliver Wyman, eventually becoming the lead partner for retail and business banking, as well as wealth management, in Asia-Pacific, ADL said.
After Oliver Wyman, Tan co-founded an advisory firm focusing on financial institutions and incubating new ventures. He was also previously the head of strategy and business development for Merrill Lynch Wealth Management in the Pacific Rim, leading both organic and inorganic growth initiatives.
ADL said Tan’s expertise includes the application of advanced data analytics across digital and traditional segments, helping organisations to build robust analytics capabilities, and leveraging analytical insights to enhance business decision-making.
Philippe De Backer, managing partner and global practice leader of Financial Services at ADL, said Tan will make an excellent leader of the firm’s Financial Services practice in South East Asia and Taiwan.
“But what makes him especially perfect for ADL is his keen entrepreneurial outlook and attitude. Our culture encourages thinking outside the box and a willingness to drive and develop projects to their full potential, and Justin epitomizes this spirit,” said De Backer.
Of his appointment Tan said, “Banks and financial companies in South East Asia and Taiwan have been among some of the first to embrace the possibilities of digitalisation, as both institutional and consumer demands change. However, there is still much work to be done in transforming the financial services sector and accelerating its adoption of best practices.”
“Companies are looking for partners who can help them to innovate, and ADL is well-positioned to fulfil this role,” Tan said.
Tan graduated with a Bachelor of Science (with distinction) and Master of Science (management science) degree from Stanford University. He also holds both chartered financial consultant and financial risk manager certifications.
Source: Digital News Asia