Press release
11 Mar 2024  | Hong Kong SAR

EY announced Jonathan Zhao as EY Asia-Pacific Financial Services Regional Managing Partner

Press contact

Related topics

  • EY Asia-Pacific Area Managing Partner, Patrick Winter today announced the appointment of Jonathan Zhao as the new EY Asia-Pacific Financial Services Regional Managing Partner, commencing 1 July 2024.

The EY organization today announced the appointment of Jonathan Zhao as Regional Managing Partner (RMP) of its Asia-Pacific Financial Services Organization (FSO), succeeding Gary Hwa, effective 1 July 2024.

Patrick Winter, EY Asia-Pacific Area Managing Partner says:
“Our financial services business is an integral part of our Asia-Pacific and global organizations. Jonathan brings decades of deep industry expertise and relationships from around the world to benefit some of our largest clients worldwide. As he transitions into his new role, I look forward to seeing our next chapter of growth in financial services as we continue to focus on client needs and exceptional client service.”

Zhao is currently the EY Asia-Pacific FSO Strategy and Transactions Leader since 2018, where he is responsible for driving EY’s Connected Capital Solutions (five distinct service offerings around Strategy, Corporate Finance, Buy and Integrate, Sell and Separate, and Reshaping Results) for financial services clients across Asia-Pacific, driving all aspects of clients' capital and transaction strategies. In 2013, he served as EY Asia-Pacific Insurance Sector Leader. Zhao joined EY in 2000 and was transferred from the Chicago office to Hong Kong in 2005 to provide leadership, enhanced coordination, and knowledge transfer between EY Global and EY Asia-Pacific.

He has nearly 30 years of extensive experience in advising financial services institutions on complex strategies, mergers & acquisitions, business process integration and transformation, as well as risk management and performance improvements. He has led numerous multibillion-dollar transactions across Asia-Pacific and is well-recognized in the market as the leading insurance deal advisor in Asia-Pacific. As the Asia-Pacific FSO Diversity, Equity and Inclusiveness (DE&I) Sponsor, he works with partners, professionals, and clients to promote and champion diversity, social equity, inclusiveness and driving positive change in the workplace.

Jonathan Zhao, EY Asia-Pacific Financial Services Regional Managing Partner-elect says:

“I am honored to be selected to lead the EY Asia-Pacific Financial Services business. We have remarkable people in our team, which has continued to grow over the years, and I am proud of their achievements. As I transition into this role, I aim to build on this solid foundation and grow our business further, leaning on my years of experience leading some of our largest global client accounts.”

The FSO is a fully dedicated and integrated entity with a unique approach focused exclusively on servicing the needs of EY’s clients in the financial services industry. It represents many of the largest, most well-respected names in asset management, banking, capital markets, insurance and wealth management.

-ends-

Notes to editors

About EY

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets. 

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate. 

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.

This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients.

Related news

Businesses favor gradual adoption of GenAI as they look to address knowledge gaps

LONDON, 15 FEBRUARY 2024. The latest EY Reimagining Industry Futures Study confirms generative AI’s (GenAI) status as a breakthrough technology, with 43% of the 1,405 enterprises surveyed investing in it.

15 Feb 2024 Michael Curtis

The emergence of GenAI is reshaping the 2024 telecoms risk radar

LONDON, 30 NOVEMBER 2023. Changing imperatives in privacy, security and trust emerges as the top risk facing telecoms companies in 2024.

30 Nov 2023 Michael Curtis

EY study: consumers are still spending on digital home products and services despite cost-of-living crisis

LONDON, 14 SEPTEMBER 2023. Less than one in five digital households (16%) have reduced or plan to reduce their spending on home broadband, mobile connectivity or streaming according to the latest EY Decoding the digital home study – which surveyed more than 21,000 consumers on their attitudes toward technology, media and telecoms experienced in the home across eight countries: Canada, France, Italy, South Korea, Spain, Sweden, the UK and the US.

14 Sep 2023 Michael Curtis

Sustainability is driving the emerging tech investment agenda

LONDON, 15 FEBRUARY 2023. The fourth edition of the EY Reimagining Industry Futures Study reveals that enterprises’ emerging tech investment decisions are increasingly driven by sustainability and ESG goals.

15 Feb 2023 Michael Curtis

Failure to respond to rise in cost-of-living tops telecoms risk radar

LONDON, 30 NOVEMBER 2022. The rise in the cost-of-living has driven consumers to re-adjust spending priorities.

30 Nov 2022 Michael Curtis