HONG KONG – (COMMERCIAL THREAD) –Tricor Group (Tricor), Asia’s leading provider of integrated business, enterprise, investor, human resources and payroll, corporate trust and debt services, today announced the appointment of Michael Shue to Hong Kong as Managing Director of Trust Services.
Reporting to Hong Kong CEO Joe Wan, Michael will be responsible for leading and developing Tricor’s trust services practice in Hong Kong. Tricor’s trust services include setting up various forms of trusts, administering trusts and acting as a trustee for selected trusts.
Prior to joining Tricor, Michael was the Executive Director of a large trust company where he advised on the structuring, creation and ongoing administration of onshore and offshore trusts as well as estate and family succession plans, corporate governance. family offices, pre-IPO trusts, benefit trusts and employee stock option plans. He has extensive experience in several onshore and offshore trust jurisdictions including Hong Kong, Singapore, British Virgin Islands, Cayman Islands, Jersey, Guernsey, Labuan, New Zealand and Samoa, as well as different types of trust structures. trust.
Joe Wan, CEO of Tricor Hong Kong, said, âWe continue to strengthen our trust services practice with highly experienced practitioners to expand the firm’s asset protection and wealth management capabilities. The addition of Michael marks a notable expansion of the practice’s expertise. With Michael’s distinguished experience in the administration of various trust vehicles in several key jurisdictions, Tricor is well positioned to provide our clients with sophisticated asset protection and integrated wealth management solutions.
Michael is also a very experienced lawyer who has practiced successfully in New Zealand and abroad for over 30 years. Much of Michael’s legal practice involved corporate and trust structures to assist clients with asset protection, estate and family succession, and tax planning.
Michael holds a New Zealand law degree and is currently a member of the executive committee and past president (2015, 2016 and 2017) of the Hong Kong Trustees’ Association. He is a past chairman and currently a member of the China Development Subcommittee of the Hong Kong Board of Trustees Association jointly with STEP Hong Kong. He is also a member of the Financial Services Advisory Committee of the Hong Kong Trade Development Council and the Process Review Committee of the Hong Kong Monetary Authority. Michael is accredited by the Hong Kong Trustees’ Association as a Certified Trust Practitioner (CTP).
About the Tricor group
Tricor Group (Tricor) is the leading specialist in business development in Asia, with global knowledge and local expertise in business, corporate, investor, human resources and payroll, and corporate services. trust and corporate debt. Tricor provides the building blocks and catalyzes every stage of clients’ business growth, from incorporation to IPO. Tricor has grown rapidly through organic growth and development as well as partnerships, mergers and acquisitions. Today, the Group has more than 50,000 customers worldwide, a workforce of over 2,600 people and a network of offices in 47 cities across 21 countries / territories. Our client portfolio includes over 1,500 listed companies in Hong Kong and China, approximately 500 listed companies in Singapore and Malaysia, and over 40% of the Fortune Global 500 companies, as well as a significant portion of multinationals and private companies operating in international markets. . In March 2017, Permira Funds became the majority shareholder of the Tricor group, alongside the management.