Apex expands APAC offering 14 April 2020Hong Kong Reporter: Maddie Saghir
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Apex has expanded its corporate solutions offering in Asia Pacific (APAC) with a new trust and corporate services licence in Hong Kong.
Wallis Chan, head of corporate services, Hong Kong, will lead the new Hong Kong corporate solutions business, which will deliver business services to Hong Kong entities, including payroll solutions and accounting services.
According to Apex, this extension of the business complements its existing fund services business in the APAC region.
The move comes as part of Apex’s ongoing global expansion as it aims to enable the delivery of a range of services in APAC.
This includes company formation services, corporate secretarial services, accounting services and governance services, for private companies, IPOs and listed companies.
Commenting on the expansion, Chan said: “Apex has a long-standing reputation in Asia in the fund administration world, we are pleased to be expanding the Group’s global single-source solutions into our local market through the authorisation of our trust and corporate services licence.”
Matt Claxton, global head of corporate solutions at Apex, commented: “We’re delighted to continue to build, strengthen and expand our corporate solutions across the Apex Group. In addition to our recent announcements about the expansion of our Throgmorton business in the US and Jersey, this expansion across APAC marks another important milestone in our journey.”
“Hong Kong has always been an important location for us and this expansion is a sign of our confidence and commitment. Over the coming months we will be announcing further extensions of our corporate solutions capability as we build out Apex Group’s unique single-source solution that delivers across the full value chain for our clients,” Claxton added.
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