Celent Expands Asian Financial Services Group

April 22, 2011

Boston-based financial research and consulting firm Celent, a part of Oliver Wyman and ultimately a division of MarshMac, has announced the expansion of its Asian Financial Services Group, with new offices in Seoul, Hong Kong, and Singapore. Celent already has offices in Tokyo, Japan, Beijing, China, and Bangalore, India.

“There is great growth potential in the Asian market, and I am pleased to announce that our international presence is expanding to meet increased demand,” stated Neil Katkov, Celent’s Sr. VP, Asia. “Having an on the ground presence in six Asian markets will allow us to offer financial institutions and vendors more comprehensive coverage throughout Asia.”

Celent’s CEO Michael Harding described the expansion as an “exciting stage” of the company’s global expansion, of which “Asia is a critical part of that strategy.”

KyongSun Kong, an Analyst in Celent’s Asian Financial Services Group, is based in the firm’s Seoul office. “Her areas of expertise include mobile payments and other innovative financial services and delivery channels, retail brokerage, and the Korean financial services industry,” said the bulletin.

Wenli Yuan, a Senior Analyst in Celent’s Asian Financial Services Group, based in Hong Kong has expertise in “the financial services industry in China and Asia. She is a leading analyst on insurance business and technology strategy in Asia and the author of many of Celent’s reports on insurance, banking, and securities.”

Chermaine Lee is responsible for Business Development, Asia and is based in Celent’s Singapore office. She was formerly an analyst with Celent’s Securities & Investments team. Her past experience includes “internships with Akzo Nobel and Merrill Lynch in global markets sales and trading. Previously, her research and consulting focus was on direct market access, electronic equity options trading, and US and Asian capital markets structure developments, particularly advanced trading developments (e.g., algorithmic and high frequency trading).

Source: Celent

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