IQ-EQ appoints new head of private wealth for Asia to drive regional growth

 IQ-EQ is pleased to welcome Peter Golovsky as its managing director and head of private wealth for Asia. This key leadership position, newly created within IQ-EQ, reflects the firm’s global growth strategy as well as the significant business opportunities opening up across Asia as wealth continues to grow at a pace in the region.

Golovsky is a chartered accountant and seasoned senior leader with 25 years of experience in the financial services industry, including eight years in Hong Kong, during which he has achieved significant business growth within the fiduciary sector while working closely with major Asian families, their family offices and their international business operations.

In his new role, Golovsky will be responsible for leading and driving the continued growth of IQ-EQ’s private wealth segment across Asia with a particular focus on supporting Asian entrepreneurs, family businesses and family offices in areas of succession, governance, cross-border planning, intergenerational wealth transfer and philanthropy.

Prior to joining IQ-EQ, Golovsky was the global head of fiduciary services and head of Asia for an international legal, accounting and fiduciary services firm with offices spanning from the US to New Zealand.

As well as leading the group’s private wealth offering globally, he was responsible for establishing its presence in Asia, including the setup of its Hong Kong office. Before that, Golovsky was the managing director of the institutional sales and private client division of a global fiduciary services provider, with responsibilities spanning 44 offices and 33 countries.

Golovsky relocated to Hong Kong in 2012 from his native Australia, where he spent 10 years in private banking, holding senior distribution positions at both Macquarie and Westpac. Other previous experience includes roles spanning private wealth, risk management, corporate governance and audit in both Australia and the US.

Commenting on his new role, the new head said, “IQ-EQ has been through a period of exceptional global growth and I am thrilled to have the opportunity to further develop its private wealth and family office segment in Asia at a time of unprecedented wealth creation across the region.”

“I’m excited to tap into the group’s integrated corporate, fund and trust capabilities as Asian families seek more sophisticated cross-border solutions to manage their wealth across generations. I look forward to working closely with the local and international teams to build a sustainable private wealth services function that is recognised as one of Asia’s leading providers to major families, family offices and their businesses,” Golovsky added.

On the other hand, IQ-EQ’s executive chairman for Asia, Shanker Iyer, commented, “On behalf of IQ-EQ, I am delighted to welcome Peter [Golovsky] to the business. He is trusted by major Asian families and family offices as a key strategic adviser and has a demonstrable track record of successfully building fiduciary services businesses, both organically and through acquisition. I have no doubts that our growing operations in Hong Kong and Singapore will benefit greatly from his experience and expertise.”

Group head of private wealth, Steve Sokic, added, “At IQ-EQ, we have grand plans for the continued expansion and enhancement of our global private wealth offering, and having Peter [Golovsky] join us is one of the important steps forward in this regard in Asia. I look forward to working closely with him alongside the rest of our international teams to progress our private wealth segment growth strategy and build on our already strong reputation for delivering superior wealth and family office support services in Asia.”

Re-disseminated by The Wealth and Society