Berkeley Research Group bolsters Singapore practice with two additions

28 March 2019

Global consultancy Berkeley Research Group has strengthened its Southeast Asia capacity with the appointment of two experts in Singapore; Peter Bird joins as a Managing Director, while Tigran Ter-Martirosyan transfers from the firm’s London office. 

Co-founded in 2010 by Berkeley professor David Teece – previously named by Accenture as among the world’s fifty leading business intellectuals – the Berkeley Research Group is a global consultancy specialised in disputes & litigation, corporate finance, and strategy & organisation, serving the financial services, energy, healthcare, education and retail sectors among others from offices across the globe, including in Hong Kong, Beijing, Tokyo and Singapore.

Established in late 2015, the latter office – Singapore – has now bolstered its expertise through two senior additions; with longtime Rothschild adviser Peter Bird recruited as a Managing Director and existing Berkeley Research Group director Tigran Ter-Martirosyan relocating from London. According to the firm, the appointments are part of a move to expand its presence in Southeast Asia, and come on the back of the formation of a new emerging markets practice.

A PhD-holder in Economics from the University of Cambridge, Bird has served as an advisor with investment banking and financial services giant Rothschild for nearly thirty years, specialisng in M&A with a focus on the infrastructure, utilities and energy sectors. Currently a senior advisor, Bird has held a number of senior positions between London and Singapore during his time Rothschild, including as an Executive Vice Chairman and Co-head of Southeast Asia.Berkley Research Group bolsters Singapore practice with dual additions Bird has further served as a director for a number of international investment and development organisations throughout his career, most notably in the infrastructure and energy sectors, including for InfraCo Africa and Asia across the space of ten years. Starting out as a lecturer at the University of Stirling in Scotland, Bird spent a period of time as a researcher before joining PwC predecessor Coopers & Lybrand for two years in London as a senior consultant in 1990.

Ter-Martirosyan meanwhile moves to BRG’s Singapore office after joining the firm a year ago as a Director in London. An expert in business valuation and forensic accounting, Ter-Martirosyan previously spent four and a half years with FTI Consulting in the UK, ultimately as a Director in its Economic & Financial Consulting practices. Earlier, he served in the transaction services divisions for both PwC and KPMG in Russia across the space of two and a half years.

“We are thrilled to have Peter and Tigran on board and on the ground in Singapore,” said Mustafa Hadi, BRG managing director and co-leader of the firm’s APAC region. “These appointments are in line with our strategy of offering world-leading expertise, delivered locally in each key jurisdiction. They will build on our leading position in the Hong Kong market and affirm our reputation as the go-to firm for the largest and most complex disputes in the region.”

Another former director at FTI, Hadi joined BRG in 2015 on the launch of its Hong Kong branch, the firm’s first in Asia. Now, and with the further addition of international economics expert Harry Broadman to lead its newly established Emerging Markets practice, BRG has set its sights on the increasingly hot Southeast Asian forensics & litigation market – which has recently witnessed a number of high-level movements, including the recruitment of Jarrod Baker to lead Deloitte's Southeast Asia forensics investigations practice.

Deloitte adds Richard Hayler as Disputes and Arbitration leader

16 April 2019

Deloitte has brought in Richard Hayler as its new Southeast Asia Disputes and Arbitration Leader. Hayler crosses from FTI Consulting – continuing the recent personnel shuffle in the regional forensics space.

Following the onboarding of veteran forensics expert Jarrod Baker as its new Forensic Investigations Leader for Southeast Asia earlier this year, global professional services leader Deloitte has added another ex-FTI Consulting executive to its regional forensics practice with the appointment of Richard Hayler as its new Southeast Asia Disputes and Arbitration leader. It’s Hayler’s second stint at the Big Four firm.

Originally starting out as an auditor in the chemicals, pharmaceuticals & energy practice of fellow Big Four firm KPMG in the UK (via a five-year Technical Director role with specialist life sciences consultancy Primarius), Hayler after three years crossed to Deloitte in 2008, serving as an Associate Director for its Forensic & Dispute Services division in London, and then from 2012 in Singapore. 

From there, Hayler joined the Singapore office of FTI Consulting’s Economic & Financial practice, promoted to senior managing director at the beginning of last year. Now, like his colleague Baker, Hayler has returned for his second stint with Deloitte, after respectively four and nearly six years with FTI. Meanwhile, FTI recently added e-discovery expert Christopher Marks as a senior managing director – continuing its global raid on Ernst & Young.

“I am delighted to be returning to Deloitte rejoining old friends and being on board with a great team,” Hayler said. This is an exciting time to be back at Deloitte as the firm has made great strides integrating to serve its clients across Asia Pacific better and I look forward to being part of that success.” As of September last year, Deloitte began integrating its Asia Pacific arms into single operational unit – with a co-attendant $321 million investment committed to human capital.Deloitte adds Richard Hayler as Disputes and Arbitration Leader in Southeast AsiaHayler across his career has developed expertise in a broad range of  competencies around forensics, disputes and litigation, including complex valuations, M&A and contractual disputes, accounting irregularities; alleged misappropriation, asset tracing and fraud investigations among others – having led or advised teams multiple jurisdictions in “some of the largest and most complex cases in the last decade.”

“Having Richard in our leadership team is a strong market differentiator,” said Tim Phillipps, Deloitte’s Financial Crime Strategy and Response Network leader for APAC. “His track record and extensive experience will be critical as we continue to expand and strengthen our presence in the Southeast Asia region.  It will enhance our capacity to serve our clients, and ensure that we continue to provide clear, timely and insightful counsel.”

In addition to Deloitte, Hayler serves on the Standards Review Board of the International Valuation Standards Council, as well as being a member of the adjunct faculty at Singapore Management University’s School of Law and the Honorary Treasurer for the Board of Directors of the Chartered Institute of Arbitrators Singapore. He was also last year a group representative for financial & fintech business group with the local British Chamber of Commerce.

According to the firm, Hayler’s recruitment forms part of its plans to expand its forensics services in the region – a practice which has already grown substantially in recent years to include more than 125 dedicated forensic practitioners based in Singapore, Indonesia, Malaysia, Thailand, and Vietnam, with growth driven by investment in disputes and arbitration, electronic discovery, investigations, forensic digital platforms and financial crime advisory and analytics among other areas.