LONDON, June 2 /PRNewswire/ -- PMC Treasury is pleased to announce the opening of its Hong Kong office and the appointment of Mark Bobek as Managing Director, Asia Pacific. A complement to PMC's existing offices in London and New York, PMC's Hong Kong office will provide the same independent and impartial corporate treasury advice and practical support to corporate clients.
In the evolution of industry, first come the greenfield businesses, followed by the banks and critical support services, then as commerce matures, come the non-core but value-adding services such as corporate treasury. Having witnessed a significant demand for corporate treasury advice from Asia Pacific, PMC decided that Managing Director, Michael Pearce, would spend several months based in Hong Kong travelling the region exploring the potential for a permanent regional presence. "The increasing economic importance of the region to PMC's existing client base makes a presence there essential," he said. "Additionally and importantly, as new external capital is sought by companies in the Region so will the suppliers of capital want to know that companies have access to world-class corporate treasury advice."
PMC Treasury is a corporate treasury consultancy with twenty years' experience of working with financial sponsors and company finance teams. With offices in London and New York we work with companies contemplating or going through strategic change. Our clients might be Private Equity investors wanting to fully understand a target's treasury risks, or a company raising new finance and requiring impartial advice on interest rate management. That same company may need to consider its foreign exchange and/or cash management and therefore require experienced and independent advice.
SOURCE PMC Treasury