Global accounting firm Deloitte is aiming to become the number one or two firm in every Asian country by focusing not only on large clients but the middle-market players, an executive said in a published report on June 09.
Chaly Mah, the regional managing partner of Deloitte's Asia-Pacific offices, is in charge of a South-East Asia grouping of Deloitte firms, comprising those in Thailand, Singapore, Malaysia, Indonesia, Vietnam, the Philippines and Guam.
"The Singapore office and I worked very hard to get the other South-East Asian firms to agree to be grouped together under a common leadership," the Business Times quoted Mah as saying.
He now intends to apply the model to the larger Asia-Pacific group, which will also include firms in India, Taiwan, China, Japan, Hong Kong, Korea, Australia, New Zealand, Macau and Brunei.
"We have an aggressive plan to double our strength, in terms of staff strength, revenues, everything, in the Asia-Pacific within the next three to four years," said Mah, who is also Deloitte's Singapore chief executive officer. Deloitte member firms in the region have 23,000 people providing audit, tax, consulting and financial advisory services.
"There is much room for growth," Mah said. "Our China and India offices, especially, have been racking up growth rates of more than 50 per cent each year in recent years." Deloitte will also continue to focus on mergers and acquisition services, Mah said.