succession planning

WHO’S WHO IN PRIVATE BANKING

Four principles for wealth succession in a complex world

Amid never-ending changes, resilience cannot be left to good intentions alone

Succession works best when families treat it as stewardship, shares Chew Mun Yew, managing director and head of UOB Private Bank.
BRANDED CONTENT

Asia’s generational wealth shift: What families can do to protect their legacy

Succession is no longer a single handover event – it is a long-term process demanding foresight, governance and shared direction, says managing director and head of UOB Private Bank

Business owners need to face the reality that succession may not be a smooth family affair, says the writer.

The US$5.8 trillion question: Who will inherit Asia’s family businesses?

With a great wealth transfer under way, succession planning can no longer be left unresolved

Apac is perceived as the next frontier for search fund growth, with observers citing its favourable demographics: baby-boomer business owners approaching retirement without successors.
BRUNCH

‘Search funds’ to buy SMEs spring up in the Asia-Pacific, but will they succeed?

Australia and Japan lead in successful acquisitions, while search funds are emerging elsewhere

City Developments Limited's executive chairman Kwek Leng Beng (right) and his son and group CEO Sherman are prominent second and third generation property leaders, respectively.
THE LEVEL GROUND

Can Singapore family-owned property empires last far beyond three generations?

Applying lessons from Geneva’s Pictet family 

Succession planning is not just business; it’s looking out for family. It reduces tension among family and partners in a time of uncertainty and grief.
COMMENTARY

When SME owners delay succession planning, their business and family pay the price

In the wake of an SME owner’s death, cashflow risks and legal uncertainty can threaten business viability

UOB's Angela Koh says it is precisely because generational wealth loss happened so often in the past that families today can learn from the mistakes made.

When bloodlines rule boardrooms: Asia’s answer to defying the third-generation wealth curse

It’s not about inheritance, but stewardship balanced with self-authorship, says UOB’s Angela Koh

Asia has become the world’s fastest-growing financial hub, with private wealth projected to reach US$99 trillion by 2029.

Wealthy Asian families face succession woes as scions have different ambitions, mindsets: report

The preferences of the younger set should be factored into succession planning, and professionalisation is the pragmatic solution

An effective adviser can help families create structures that allow for open and constructive discussion.
INVESTING FOR IMPACT

Beyond preservation: Achieving the purpose of wealth across generations

The question has gone beyond sustaining the wealth to ensuring that it continues to be used intentionally and with meaning across generations

Musk’s brilliance is undeniable, but it comes with trade-offs for governance and institutional resilience, says this author.
THE BROAD VIEW

Tesla’s trillion-dollar succession trap: A warning for Asia’s leaders

WHEN Elon Musk eventually steps aside from Tesla, markets are likely to shudder. Few companies in history have been so completely identified with one person. Tesla’s stock price swings with his tweets...