The Capco financial services and technology consultancy has opened a new office in Singapore to meet growing regional demand.
The new Singaporean operation will be led by recently appointed Capco Partners Bao-Viet Lê and Charles Bokman. The latter will be responsible for wealth management consulting, while Mr. Lê will lead the banking practice in Singapore.
Capco already has an office in Hong Kong, but by further expanding its Asian footprint it is hoping to pick up new business. The Singapore office offers capabilities in the high-net-worth customer banking segment and in digital banking development. Core banking upgrade expertise is also available with Lê and Bokman and more new hires are expected soon.
Lê brings to the new office two decades of consulting practice focused on the banking industry, as well as eight years of experience in payments. He previously worked for another global consultancy as sales lead for emerging markets (Russia, Saudi Arabia, etc) and has acted as a client account manager for several pan-European and Asian banks.
Bokman has been in consulting for 20 years’, focused mainly on wealth management transformation projects and latterly core banking replacement digital strategies. He is also a specialist in designing target operating models, regulatory compliance issues, and providing portals and tools to enhance data security.
Commenting on their arrival in Singapore, Peter Schurau, EVP and CEO of Capco Europe and A-P, said: “Our experience in Hong Kong strongly validates our commitment to Asia-Pacific. This is clearly a region of continuing growth opportunities and, looking beyond Singapore, we already have a strong presence in Thailand as well.”
“Given the existing profiles in these markets of our parent company, FIS, and Clear2Pay (acquired by FIS in late 2014) there is every reason to believe we will continue our expansion into Australasia. Senior appointments of the calibre of Bao-Viet Lê and Chuck Bokman will accelerate that process.”