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Deloitte Southeast Asia Announces New Leadership for Myanmar and Singapore

Deloitte Southeast Asia has announced that Aye Cho and Cheung Pui Yuen have been appointed as Country Managing Partners for the Myanmar and Singapore practices respectively. They have taken on their new roles starting on 1 January 2019.

Aye Cho has succeeded Soe Win who retired from Deloitte Myanmar as its Country Managing Partner earlier this year.

Pui Yuen has succeeded Philip Yuen who currently holds dual roles as Chief Executive Officer for Deloitte in Southeast Asia and Country Managing Partner in Singapore. Philip will continue as Deloitte Southeast Asia Chief Executive Officer and take on the role of Chairman of Deloitte Singapore.

“Deloitte Southeast Asia operates as one across the region with practices in all the ASEAN countries. Being in a region that is experiencing rapid economic growth, it is important for us to have strong leadership in the different geographies to build our eminence in the local markets, and to ensure that we deliver seamless and consistent service to our clients as they navigate the opportunities the region has to offer,” said Philip Yuen, Chief Executive Officer, Deloitte Southeast Asia.

“With their experience and expertise, I am confident that both Aye Cho and Pui Yuen will continue to build on the success of our Myanmar and Singapore practices, and provide our people with a rich talent experience and lead them to make an impact on our clients and in the communities,” Philip added.

Deloitte Southeast Asia comprises approximately 340 partners and 8,800 professionals in 25 office locations in countries Brunei, Cambodia, Guam, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. In September 2018, Deloitte in Southeast Asia, Australia, China, Japan and New Zealand joined to form Deloitte Asia Pacific.

Aye Cho has 17 years of experience in audit, financial advisory and tax services in Singapore and Myanmar. He joined Deloitte’s Singapore practice in 2007 and later moved to Deloitte Myanmar in 2013 as Director. He was admitted as Financial Advisory Partner with Deloitte Myanmar in 2015.

Specialising in mergers & acquisitions, valuations and taxation, Aye Cho has worked with many foreign corporations to establish their presence in Myanmar and has also supported local Myanmar business owners in pricing their businesses and facilitating negotiations with foreign investors.

In addition to being the Country Leader for Financial Advisory and Tax Services in Myanmar, he currently also serves as Deloitte Private Leader, Chinese Services Group Leader and Country Tax Officer for Deloitte Myanmar.

“It is a privilege to take on this role as Country Managing Partner of Deloitte Myanmar. The Myanmar practice, one of Deloitte Southeast Asia’s youngest practices, is operating in a country that has a vibrant, emerging economy where opportunities abound for both local and foreign businesses. This is an exciting time for Myanmar, and I look forward to building on the foundation that Soe Win has laid and growing the Myanmar practice to become the leader in professional services in the local market. By doing so, I hope we can raise the bar of the profession in Myanmar and build up the professional services talent in the country,” said Aye Cho.

In Myanmar, audit and other regulated services are provided by Myanmar Vigour & Associates Limited, and advisory and consulting services are provided by Deloitte Touche Myanmar Vigour Advisory Limited and Deloitte Consulting (Myanmar) Ltd respectively. Myanmar Vigour was founded in 2003, and its sister company Myanmar Vigour Group has also been providing audit services since 2008. In 2013, Myanmar Vigour Group became an Independent Correspondent Firm of Deloitte, and in 2016, Myanmar Vigour was officially integrated with Deloitte Southeast Asia.

Pui Yuen started his career as an auditor with Touche Ross & Co, a predecessor firm of Deloitte Singapore, in 1989, and was admitted as an Audit & Assurance Partner in 2000. With more than 29 years of public accounting experience, Pui Yuen has led major audits, advised on public listings and performed acquisitions and due diligence reviews for many prominent organisations.

He was appointed the Deloitte Singapore Audit & Assurance Leader in 2007 and later became the Audit & Assurance Regional Managing Partner for Deloitte Southeast Asia in 2011, roles which he held until 2016. Since 2016, he has served as the Singapore Deputy Managing Partner for Operations, focusing on managing the performance and operational excellence of the Singapore practice.

Pui Yuen is a member of the Deloitte Singapore Management Committee and serves on the board of both Deloitte Asia Pacific and Deloitte Southeast Asia.

Externally, Pui Yuen is the Deputy Chairman of the Accounting Standards Council of Singapore, serves on the Audit Committee of the Singapore Academy of Law and is a member of CPA Australia’s Corporate-SME committee, and the Complaints Committee of the Singapore Medical Council.

“I am honoured to have been selected by the partnership as Deloitte Singapore’s next Country Managing Partner and I am excited to lead Deloitte Singapore into the next chapter. The Singapore practice is the largest and the most comprehensive in our Southeast Asia network, and I intend to build upon the good work of Philip and my fellow partners to deliver services of the highest quality to our clients, develop our people and contribute to the Singapore community,” said Pui Yuen.

SOURCE: MYANMAR BUSINESS TODAY

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