Holborn Assets, one of the world's largest independent financial advisory firms today announced that it is expanding its Asian footprint with a new office in Vietnam's commercial capital of Ho Chi Minh.
The new operation, which will based in the heart of the financial district, will be headed up by industry veteran Andrew Menzies, formerly of Globaleye, as country manager.
Riyad Adamou, chief commercial officer, commented on the opening "We are delighted to finally be able to make the announcement and welcome Andrew Menzies and his team to the Holborn Assets Family. This is the tenth office Holborn Assets has opened in the last 18 months and our fifth in Asia. It's an incredibly exciting time to be part of the company. Our expansion has always been about bringing in the best talent in the industry and once again we have proved we are able to do just that."
Menzies added "My team and I are delighted to officially become part of Holborn Assets. It is a fantastic company and their ambitions for Vietnam, the region and the company as a whole are incredibly exciting, the opportunity to be part of that was something we couldn't turn down."
Menzies joins with a team of 8 wealth mangers with the office in the iconic Bitexco Financial Tower, the city's tallest building.
Bob Parker added: "We had identified Vietnam as a strategic location almost two years ago, so after many months of hard work it is great to finally get this over the line. We see Vietnam as a key location for Holborn and we will be growing the team to 20 wealth managers by year end. This operation was a key part of our 3-year strategic plan as part of our wider policy of vertical integration and lateral expansion, we intend to continue on this path and look forward to making further announcements of new offices and divisions in the very near future."