Deloitte adds Richard Hayler as Disputes and Arbitration leader

16 April 2019 Consultancy.asia

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.

FTI adds e-discovery expert Christopher Marks as senior director in Asia

12 April 2019 Consultancy.asia

FTI Consulting has added ex-EY executive director Christopher Marks as a Senior Managing Director in its technology segment – continuing its recent global raid on the Big Four rival.

Fresh from a record-breaking 2018 – which saw the global consultancy break the $2 billion global revenue barrier for the first time – FTI Consulting continues to bolster its Asian geography with another new senior recruit: adding Christopher Marks as a Senior Managing Director in its technology segment to be based in Hong Kong. Marks crosses from Ernst & Young in China, as yet another recent FTI recruit from the Big Four hunting ground.

“Chris brings a wealth of hands-on, complex project management experience that will significantly enhance our e-discovery offerings in Greater China and across Asia,” said John Batchelor, FTI Consulting’s Asia co-leader and Head of the Corporate Finance & Restructuring. “His leadership will enable FTI Consulting to better serve our clients facing cross-border investigations, litigation and other critical issues.”

An expert in e-discovery, Marks has altogether more than 20 years of accountancy experience, joining the Baker Tilly network for five years from 1996 before crossing to EY for his first four-year stint with the firm. From there, Marks developed his focus on forensics, first as an IT forensics investigator with CYFOR and then after rejoining EY in the UK in 2007 – where he worked his way up to director before transferring to Hong Kong in 2017.FTI adds e-discovery expert Christopher Marks as senior director in Asia“Regulatory actions are increasing outside of the traditional jurisdictions such as the United States and Europe, and companies and legal counsel are faced with having to address these issues in a more strategic manner.” Marks said of his fresh move to FTI. “As a global independent advisory firm with a deep bench of talent, FTI Consulting is well-positioned to assist multinational companies and businesses in Asia as they navigate the complexities of e-discovery and data review.”

Having led EY’s eDiscovery practice in Greater China as an Executive Director, Marks now joins the list of other senior EY forensics experts to have crossed to FTI over the past six months – particularly those of EY’s developing UK practice from around 2010 – including new and former colleague Sandeep Jadav, who was promoted to Senior Managing Director in Hong Kong at the beginning of the year after joining in 2017 following eight years with EY in the UK.

Together they will co-lead FTI’s regional technology segment, with Marks described as the ‘real deal’ on LinkedIn by fellow Hong Kong-based Senior Managing Director and financial crime specialist Peter Glanville. Across his career, Marks has amassed extensive experience in leading projects across the forensic technology spectrum for clients in multiple sectors, including close involvement and oversight of complex cross-border litigation support.

“Organisations continue to feel pressures when it comes to e-discovery matters, particularly as the amount of data they manage grows and business is increasingly conducted across borders,” said Sophie Ross, global CEO of FTI Technology. “We continue to seek opportunities to invest in adding leading professionals in key geographies such as Asia, and we are excited to welcome Chris and look forward to working with him as we help our clients address their most complex issues.”  

Related: FTI Consulting appoints new Managing Director to head India technology practice