IQ-EQ’ growth and investment in the Asian region continues with the appointment of Michael Marquardt as Regional CEO and the Group’s expansion into mainland China.
Leading industry figure Michael Marquardt brings 30 years of experience to the company reflecting the increasingly important position of Asia to IQ-EQ’s continuing growth. Michael brings considerable knowledge joining the business from a leading asset management business. Having worked in Asia for 15 years, he has an in-depth understanding of the region and will be pivotal in driving IQ-EQ’s Asia strategy.
Asia is key market for IQ-EQ, with a full market offering of F&I, Private Wealth and corporate services. The business has over 800 employees working across offices in Japan, Singapore, Hong Kong, the Philippines and now mainland China.
Michael joins as IQ-EQ expands its offering into the mainland China market, the 24th jurisdiction served by the Group, with operations in Shanghai and Shenzhen. IQ-EQ’s considered expansion into mainland China marks the country’s increasingly important position in private equity, real estate and private credit as well as family offices and private wealth.
Having lived and worked in Europe, the United States and Asia, Michael is well placed to lead IQ-EQ’s on-going expansion, including growth into the Chinese market. An experienced figure in the industry, Michael has held senior roles in well-known asset management businesses. His expertise and industry know-how make him a prominent figure in the sector.
IQ-EQ remains committed to investing in local talent in the Asian region with recent hires of Andrew Ho, Head of Private Wealth in Singapore, Clare Chang, Business Development Director, Funds in Hong Kong, Goldie Ko, Business Development Director, Funds in Shanghai, Jerome Kong, Associate Director, Private Wealth in Shanghai and Arlen Yuan, Business Development Director, Funds in Shenzhen.
Speaking about his new role Michael Marquardt, Regional CEO commented,
“I am hugely excited to be part of IQ-EQ’s growth plans in Asia and together with the newly expanded Asia based senior leadership team I look forward to building IQ-EQ into a leading player and established brand across Asia. It is especially exciting to join the business as we officially open our two new offices in Shanghai and Shenzhen. Asia is one of the most exciting and dynamic regions in the world, and it is already leading the 21st century. I look forward to shepherding IQ-EQ’s on-going commitment to investment and growth and offering our expanded client base a comprehensive range of services delivered with high touch service delivery.”
Group Chief Executive Officer, Mark Pesco commented,
“We are thrilled to be welcoming Michael to the business. He will be leading the Asian business through an exciting period of expansion and opportunity. Michael will bring his commercial expertise to lead a team of investment experts on the ground. Michael joins an expanding cohort of senior hires in Asia. We are committed as a business to growing our footprint and service offering in Asia. I look forward to working with Michael in the coming months.”