SINGAPORE, Radarseluma.Disway.id - Forvis Mazars, the global professional services network, celebrated the new network formation in Asia-Pacific (APAC) on 30 October 2024 in Singapore. The event brought together key global and regional leaders, including Hérve Hélias, Chair of the Forvis Mazars Global Network Executive Board, and Matt Snow, Vice-Chair, to Singapore for the first time since the network's formation in June 2024.
Pascal Jauffret, Head of Forvis Mazars in APAC and member of the Forvis Mazars Group Executive Board, and Tom Watson, Chief Executive Officer of Forvis Mazars in the United States, were also in attendance. This gathering symbolised the strength of this unique partnership, highlighting the network's dedication to providing clients with a truly global reach combined with deep local expertise.
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Singapore serves as the regional hub for Forvis Mazars' APAC operations, leveraging the city-state's strengths as a global business and financial centre. This strategic decision provides Forvis Mazars with a strong foundation to serve clients across the diverse and dynamic APAC market.
Sustained double-digit growth in Singapore
Forvis Mazars in Singapore reported yet another year of robust financial results for the fiscal year ending 30 August 2024, marking the fourth consecutive year of double-digit growth. The firm achieved a fee income of S$43 million, representing a 17% increase year-on-year. This consistent growth trajectory underscores the firm's strong market position, expanding service offerings, and the success of its client-centric approach.
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Expanded service offerings and expertise
Recognising the evolving needs of businesses in the region, Forvis Mazars in Singapore has proactively expanded its service offerings. Since 2023, the firm has added restructuring and insolvency services and financial services consulting to its portfolio, allowing it to provide more comprehensive solutions to clients facing complex challenges. Building on this momentum, the firm is poised to further expand its capabilities with the addition of forensic investigation and compliance services in the near future.