Risk advisory Red Flag Group appoints Robert Agnew to new senior roles

27 April 2018 Consultancy.asia

Hong Kong based professional services and risk advisory Red Flag Group has announced long-term local business consulting executive Robert Agnew as its new Managing Director of Corporate Strategy & Development and General Manager for Europe.

Born and based in Hong Kong, the tech-minded integrity and compliance firm Red Flag has since its 2006 launch spread from the tiny but pivotal island to occupy 15 offices across five continents in a little over a decade, including Asian outlets in Shanghai, Penang and Manila and an operational footprint in 194 countries – carrying out complex assignments in problematic integrity & compliance jurisdictions such as Mongolia, Cambodia, Laos.

As the firm continues with its expansion, both in its presence, personnel and product-lines, Red Flag has most recently sought to bolster its executive leadership team, with a number of senior appointments in the past months, including Peter Dyer and Chris Scoggin as the firm’s newly named COO and CFO last year.

Robert Agnew

Scott Lane, Red Flag CEO said, ‘As part of our move into being a business that operates with 19 entities in 15 countries, our growth into broader products, and the development of new entities we have had to invest in a deeper management team to allow us to maintain excellency.” Further strengthening Red Flag’s upper ranks will Robert Agnew, named its new Managing Director of Corporate Strategy & Development and General Manager for Europe.

The twenty-five year business veteran will cross to Red Flag after recent roles as the interim CEO for AFE Solutions, responsible for developing the medium term strategy and integrating the business following the Hong Kong fintech firm’s acquisition by N2N Connect of Malaysia, and as the Partnership Director for Thomson Reuters in Hong Kong, further overseeing a local merger & acquisition assignment for the global organisation. Agnew also serves the Chairman of the European Chamber of Commerce in Hong Kong.Robert Agnew, Managing Director - Red Flag GroupPrior to these roles, and following an earlier Managing Director stint at Thomson Reuters in its Asset Managers and Investors services division for Asia, Agnew served as a Partner at the boutique strategic advisory and investment bank Marlin & Associates of Hong Kong and as a Managing Director and Consultant for Matrix Services – an Asian market research and consulting firm serving companies in the media, technology and financial services sectors seeking to establish or expand into Asia.

Altogether, the Red Flag CEO believes Agnew’s track-record in successful management, strategy and operations in financial technology, media and data will hold him in good stead for the new role. “Compliance is no longer ticking boxes – it is now about making sure that customers, partners, suppliers and employees all work together to protect the integrity of a company and its stakeholders,” Lane said.

He continued, “With this growth of the compliance industry and also the continued development of our technology, consulting and data solutions to large businesses, we recognise that we are in a great position to push the firm even further in our growth trajectory… To take on that large undertaking requires an amazing team, and Rob's expertise in investment banking, acquisitions and strategy planning means that we can grow both organically and through partnerships and investments.”

Responding in turn, Agnew said of the consulting firm; “ I have been blown away with what Red Flag has achieved – they have built a global business and pretty much created an industry from scratch. Every time I look at what they are doing I see enormous potential. I wanted to be a part of the firm not only to reinforce its reputation among its global client base, but to substantially grow its revenue in new markets through partnerships and investments."

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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.