Mazars in Singapore appoints Lai Keng Wei as new Head of Risk Management

Keng Wei has spent a decade at Mazars, joining the firm as a Partner in 2012. He has more than 25 years of experience in International Public Accounting firms including within the Big 4 environment in Singapore and Malaysia, as well as commercial firms. He also sits on the Complaints and Disciplinary Panel by the Public Accountants Oversight Committee (PAOC) and the Disciplinary Panel under the Institute of Valuers and Appraisers, Singapore (IVAS).

Throughout his career, Keng Wei has built extensive audit and assurance experience advising public companies, multinational firms, not-for-profit organisations, and the private sector.  He has covered a wide spectrum of industries including resources, clean energy, education, professional services, shipbuilding, manufacturing, constructions, property development, hospitality, retail, FMCG, agriculture and shipping.

As the Head of Valuations since 2015, Keng Wei has delivered significant contributions to his clients which range from corporates to investors. He specialises in valuation for financial reporting and transactions.

In his new role, Keng Wei will help to lead and strengthen the risk framework across the firm and contribute significantly to the firm’s risk and compliance agenda.

Rick Chan, Managing Partner and Head of Audit & Assurance APAC said: “I am delighted to announce Keng Wei as our new Head of Risk Management function. I am confident that we can tap on his wealth of experience and professional expertise to shape our risk management framework and further strengthen our commitment to enhancing our risk management across the firm.”

Keng Wei describes the appointment as an exciting opportunity, and he is honoured to be at the helm of both the valuations and risk management.

He said: “I am incredibly proud to have this opportunity to lead our risk management team. At a time of rapid regulatory change and complex disruption, I look forward to driving pragmatic solutions that will strike the right balance between safeguarding our firm and capturing new opportunities.”

Keng Wei succeeds G Arull, who is leaving Mazars after more than 10 years to pursue opportunities outside the firm