Deloitte has appointed Benny Koh as Director of the firm’s Treasury Advisory practice in Southeast Asia. Koh, who joins from investment company Temasek, will be based in Singapore.
Benny Koh has more than 20 years of operational treasury experience, ranging from setting up funding programs and originating bond issues to establishing a retail bank from the ground. Prior to joining Deloitte, Koh was with Temasek in Singapore, serving as the Head of Treasury, responsible for the firm’s capital markets, investment funding and foreign exchange management functions. Before that he worked 10+ years for GE Capital, one of the world’s largest corporate borrowers, in the US, Thailand and Singapore.
Per the 1st of January 2015, Koh has joined accounting and consulting giant Deloitte, where he has been appointed head of Southeast Asia's Treasury Advisory practice. His prime task: capitalising on the rising demand and future growth potential for treasury services in the region, explains Chaly Mah, Chief Executive Officer of Deloitte Southeast Asia*. “Globally, Deloitte has a mature and robust treasury advisory service and we see this as an opportune time to boost this service for our clients in Southeast Asia. We are seeing Southeast Asia businesses expanding around the world and these businesses will require treasury expertise to manage financial risks.” Koh adds: “As Asia is widely seen as the growth engine for the next decade, we expect rising demand for treasury advisory services on the back of robust Mergers & Acquisitions activities, increases in Private Equity investments and overall business growth for Asian enterprises.”
Koh says he is “proud” to lead Deloitte’s expansion plans, although the Big Four firm has not released detailed plans on targets. According to Mah, Koh is the right man for the job: “Benny’s experience in treasury advisory will ensure that Deloitte continues to be well placed to meet and exceed our clients’ needs in this region.”
* The Southeast Asia comprises the operations in Brunei, Cambodia, Guam, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.