The firm promotes Lok Yung Hui to Partner to spearhead audit innovation and transformation and welcomes Gavyn Ng to bolster its financial advisory practice.
1 September 2022: Mazars in Singapore, the international audit, tax and advisory firm has announced two new leadership roles to mark the new financial year 2022/2023.
Mazars promotes Lok Yung Hui to Audit Partner to spearhead the firm’s audit innovation and transformation initiatives and welcomes a new Director Gavyn Ng with the hope to bolster its financial advisory practice in the region. With effect from 1 September 2022, the new appointments will serve to underpin the firm’s ambitious growth plans for the year to come.
Rick Chan, Managing Partner and Head of Audit & Assurance APAC said: “It gives me great pleasure to announce two new leadership roles at the start of our new financial year.
“Congratulations to Lok Yung Hui for achieving this new career milestone. Yung Hui is an accomplished professional who has been instrumental in developing our IT Audit initiatives. This promotion speaks to his exceptional audit expertise as well as our firm’s excellent opportunities for rapid career progression.
“We are also thrilled to welcome Gavyn Ng to Mazars. He brings with him a wealth of experience in M&A and business valuations that will help to drive greater impact for our clients. This is an incredibly important appointment to bolster our valuations practice, where we see significant scope for future growth.
“At Mazars, we are committed to attracting and retaining the best talent. Both Yung Hui and Gavyn’s expertise will prove to be invaluable to the team and our valued clients.”
Lok Yung Hui (Partner – Audit and Assurance)
Yung Hui is a Chartered Accountant (CA) (Singapore), Associate Chartered Accountant (ACA) (ICAEW) and ISACA's Certified Information Systems Auditor (CISA) with more than 12 years of audit and assurance experience. He started his audit career in an international firm in Kuala Lumpur, Malaysia, prior to moving to a local firm in Singapore.
Yung Hui joined Mazars as an Audit Manager in May 2017. Armed with the right experience and aptitude, he advanced steadily and progressively in Mazars. Yung Hui conscientiously works to establish the firm’s IT Audit and innovation team and made significant contributions to roll out various innovation tools in Singapore. He was subsequently promoted to his most recent role as a Senior Manager in 2020.
During his years with Mazars, Yung Hui has managed audit engagements of varying industries, sizes and risk profiles, encompassing public interest entities and privately owned businesses. He has led a successful initial public offering (IPO) listing on the Main Board of the Hong Kong Stock Exchange. Yung Hui is proactive in exploring new opportunities for Mazars within the innovation space and works closely with the regional team in rolling out various tools in Singapore. He plays a key role in leading IT Audit training to provide technical guidance to Mazars offices within the APAC region.
With his vast experience and in-depth knowledge in IT, Yung Hui will continue to work with the regional team to further drive Mazars’ IT Audit and innovation initiatives. In his new role, he will spearhead the firm’s transformation through digitalisation efforts that will ensure efficiency and sustainability.
Yung Hui reflects on his new appointment: “I am excited and honoured to embark on the next chapter of my career with Mazars. As a Partner, my priority will be to continue reinforcing the firm’s digital capabilities with cutting-edge innovations. This is an opportune time for Mazars to grow our audit services in line with technological advances, in order to meet the evolving needs of our clients and create sustainable value.”
Gavyn Ng (Director - Financial Advisory Services – M&A and Valuations)
Gavyn Ng is an Associate Chartered Accountant (ACA) with over 15 years of professional experience in key markets across Asia. He was a Director with a Big 4 Corporate Finance team in China/Hong Kong before joining a Hong Kong-based boutique advisory firm which transferred him to Singapore to head the Merger and Acquisition (M&A) Advisory Services.
During his tenure with the Big 4 firm, Gavyn championed the energy and resources sector in the Southern region of China, supporting Oil and Gas (O&G) and power & infrastructure clients on their local and cross-border M&A needs. His main portfolios comprised the Big 4 O&G companies and various state-owned energy enterprises.
He brings with him a range of experiences from more than 100 M&A assignments across the region including Southeast Asia and China/Hong Kong, covering a wide spectrum of industries including Food and Beverage (F&B), Information Technology (IT), gaming, manufacturing, trading, plantations, hospitality, real estate, logistics, and many more.
Gavyn specialises in M&A work such as valuations, transaction, and corporate finance advisory services covering sell-buy side advisory work, due diligences, business and intangibles valuations, investment appraisals, and Sales and Purchase Agreement (SPA) reviews. He has in the past led engagements, advised clients, and helped businesses create value via M&A routes and other business means.
Over the last few years, he has also been extensively involved in litigation support work (e.g., corporate disputes, arbitrations), assisting experts and legal counsels on valuation and damage quantification matters.
With his breadth of industry experience and knowledge, Gavyn will be focusing on growing the expertise and resources of the local and regional financial advisory services team at Mazars, including promoting cross-function and inter-firm collaborations.
Gavyn commented on his new appointment: “I am delighted for this opportunity to join Mazars financial advisory team. With continuing regional interest for complex dealmaking, I look forward to further developing the valuations practice at Mazars. I am very excited to draw on my extensive industry experience to address the M&A concerns of our clients in the face of burgeoning market competition.”