Ruby Cheung, director at William Buck, has been elected as chair of the Praxity Alliance’s Asia-Pacific region.
Praxity, an international alliance of over 700 offices of independent members firms, has seen its presence in the region more than double over the last five years and now accounts for more than 14 per cent of the alliance’s overall revenue.
Graeme Gordon, chief executive of Praxity, said Ms Cheung’s appointment represents Australia’s strategic importance on the world stage.
“Ruby’s distinguished 20-year career specialising in Asia-Pacific business development, and international in-bound and outbound investment, adds an increased level of depth and strength across a region that is pivotal to our success,” Mr Gordon said.
“Australia has strong trade ties with the rest of the world and their location has allowed them to become a major supplier to markets in Asia-Pacific.”
In taking up her position, Ms Cheung said she was looking forward to using her trade experience to bring more opportunities for clients.
“Being part of the Praxity Alliance, and now appointed as chair of their Asia-Pacific region, increases our potential to help clients with cross-border transactions,” Ms Cheung said.
“We can continue to share valuable resources such as the Praxity M&A Hub, a global list of buyers and sellers.”
William Buck chair Nikolas Hatzistergos said Ms Cheung’s appointment would complement the firm’s existing Asia-Pacific service offering.
“Ruby has tremendous trade experience. Her understanding of the emerging markets and her strong relationships with our international peers, like Praxity, will bring more value and opportunities to our clients,” Mr Hatzistergos said.
“Asia-Pacific is the epicentre for global market leaders — not only in the automotive and industrial sectors but also in areas such as technology and finance.
“With the region among the top destinations for venture capital, Ruby will help carve out strong, sustainable futures for businesses looking to operate internationally.”