CVC Capital Partners ("CVC"), a leading global private equity firm, is pleased to announce the appointment of CHAN Tze Ching, Ignatius as Senior Advisor to CVC, with immediate effect. TC will join CVC's Global Financial Institutions Advisory Board to support CVC’s activities in the financial services sector in Asia.
TC Chan was previously Head of Corporate & Investment Banking / Senior Country Corporate Officer for Greater China at Citigroup and Deputy Chief Executive at Bank of China. TC has over 30 years of experience in the banking industry in Asia, which includes senior executive positions in Hong Kong, Taiwan, and Japan during his distinguished career at Citigroup. He currently serves as senior advisor to the Bank of East Asia, the third largest bank in Hong Kong and as a Non-executive Director on the board of the Hong Kong Exchanges & Clearing Limited. Among his many public and community services, TC currently chairs the Hong Kong Advisory Committee on HR Development in the Financial Services Sector and is a member of the Hong Kong Advisory Committee on Bond Market Development.
Jonathan Feuer, a Managing Partner at CVC and head of the Global Financial Institutions Team, said: “We are delighted to have TC join our advisory board. He is a great complement to our global platform and we look forward to working with him to further expand our Financial Institutions Group activities in Asia.”
Roy Kuan, Managing Partner, Asia and Japan, said: "TC is one of the most respected professionals in Hong Kong. With his extensive and accomplished career in the financial industry, he will be able to add significant value to developing and realising future opportunities."
With 20 offices throughout Europe, Asia, and the United States, CVC has an industry-leading global presence. CVC currently has approximately US$44 billion of equity capital under management, making the firm one of the top five sources of available private equity funds in the world. CVC has significant experience in financial services investments, and its dedicated Global Financial Institutions Team focuses on investing in leading financial businesses across Europe, North America and Asia.