Synpulse expands its partnership team in Singapore and Hong Kong

08 February 2019 Consultancy.asia

International management consultancy Synpulse has expanded its partnership in Asia with the admission of Salomon Wettstein and Prasanna Venkatesan, while Singapore-based Yves Roesti has been promoted to managing partner.

Established in Switzerland in 1996 as a specialist management consultancy to the banking and financial services sector, Synpulse has since spread its offering to three continents, with offices covering some of the world’s foremost financial centres including New York, London, Hong Kong and Singapore – the latter where the firm has been active now for more than a decade.

As a result of particularly strong business growth with international banks and insurers Asia, the firm has now boosted its regional leadership team with the appointment of Prasanna Venkatesan and Salomon Wettstein as new partners in Singapore and Hong Kong, while Singapore-based Yves Roesti has joined its team of managing partners – taking the firm’s total global partner count to 14.

“I am delighted to welcome Salomon Wettstein and Prasanna Venkatesan as new partners. Both have contributed significantly to the growth of Synpulse’s business in Asia in recent years,” said Synpulse CEO Christoph Nützenadel, who is himself based in Singapore. “And thanks to Yves' commitment, we have won several new banking mandates in Singapore and Hong Kong in recent years.” Synpulse grows partnership in Singapore and Hong KongJoining Synpulse in Zurich in 2006, Yves Roesti has been instrumental in the firm’s Asian expansion since the outset, relocating to Singapore at the time of Synpulse’s office launch in the city-state. Admitted to the firm’s partnership in 2015, Roesti has now been elevated to managing partner level among the firm's four-strong upper leadership echelon – credited by Nützenadel with having built the Asian financial services headcounts to three-digit figures.

In addition to the firm’s regional growth – which includes serving the Australian market – Roesti has helped to cement Synpulse’s stellar local reputation, with the firm having won all three ‘Best Integration Advisor’ titles at the Asian Private Banker Technology Awards since the awards’ 2015 inception. The promotion of banking operating model transformations and digital roadmaps has been a particular focus for the firm’s newest managing partner.

Likewise based in Singapore and joining Synpulse direct from university in 2011 (following an MBA from the Nanyang University of Technology), Prasanna Venkatesan has joined the firm’s partnership ranks. Specialised in private banking advisory and large-scale transformations, Venkatesan leads Synpulse’s regulatory, risk and compliance practice in Asia. Earlier in his career, he served as project manager for Tata Consultancy Services in Amsterdam and Mumbai.

Salomon Wettstein meanwhile joins the firm’s partnership from Hong Kong (the office launched in 2015, with Manila and Sydney following last year), where he serves as managing director and oversees Synpulse’s banking practice in the Greater China region – managing strategic business and technology transformations for local clients. Recruited in 2011, Wettstein is also a member of Synpulse’s global Operational Excellence leadership team.