News Daily

The Times

News from Asia

  • Written by Media Outreach
HONG KONG SAR - Media OutReach - 3 November 2022 -Following a planned succession process leading into the next phase of growth, Vistra, one of the world's leading Fund and Corporate Service providers announced today the appointment of Simon Webster as the new Chief Executive Officer for Vistra Group, effective 7 November 2022.

Simon Webster, Vistra Group CEO

Alan Brown shared, "It's been a privilege to have shaped and led Vistra's team of 5000 colleagues over the past few years. Watching such an extraordinarily diverse group of people come together to form One Vistra has been one of the highlights of my 42-year career. Together with my great leadership team, we have built an industry-leading global operating platform. It has been very rewarding to see this translating into strong organic growth. I wish Simon Webster every success as, with BPEA's support, I truly believe Vistra will become the leading player in the Fund & Corporate Services Industry".

Based in Vistra's headquarters in Hong Kong, Simon will lead the business across 47 jurisdictions as it positions itself for ongoing growth as the global market leader in the Fund and Corporate Services industry. Simon will also join Vistra's Board following Regulatory approval.

Commenting on the appointment, Simon Hinshelwood, Vistra Board Chair said, "Vistra has grown exponentially over the past seven years, both organically and through strategic M&A, and has transformed into a truly global platform and enterprise. Alan Brown (our outgoing CEO) leaves us with the thanks of the Board for his significant role in this transformation. He has also been at the forefront of our journey to become the pre-eminent global player in our industry with a resilient, scalable, enterprise-wide technology platform that delivers expert services to organisations and enterprises operating across multiple jurisdictions. In addition, Vistra's global platform will also facilitate further accelerated growth by enabling Vistra to continue adding services and jurisdictions seamlessly, both organically and through M&A.

As a result, we are well positioned to become an even stronger market leading player and I am thrilled to welcome Simon Webster to the Vistra team to lead us through this next phase of our growth journey."

With over 30 years' experience, Simon was most recently the Group CEO of CPA Global, the world's leading provider of intellectual property software, services, data and analytics for corporates and law firms. He is an experienced, global business leader who helped transform CPA Global from a single product, 250-person firm into the de facto intellectual property industry platform, including leading the acquisition and integration of multiple businesses around the world. In prior roles, he also led significant investment, offshoring and transformation programs across sales, product and support areas to deliver significant value creation with cultural and organisational change.

Simon Webster shared, "I am excited to join Vistra, a company I have admired for many years and have recognised as a global leader with a strong management team, expert professionals, and unparalleled client service. I look forward to working with the Board, the Executive Committee and colleagues around the world to take this incredibly strong platform and grow the business to new heights and to help both our colleagues and clients seize opportunity.

Hashtag: #Vistra

The issuer is solely responsible for the content of this announcement.

Read more

Calm Marketing: Why You Don’t Need Flash to Win Online

There is a growing trend happening across websites, social platforms and digital storefronts, and it goes by the name calm marketing. Rather than shouting for attention with flashing banners, countdown timers and aggressive pop ups, calm marketing invites people to... Read more

Australian Off Road Caravans: What Makes Them Different from Standard Touring Vans?

Australian off-road caravans are designed for travellers who want to go beyond sealed highways and established caravan parks. A standard touring caravan is perfect for bitumen roads and conventional holiday routes. On the other hand, off-road models are built with... Read more

Why Compact Designs of Caravan Travel Transform Short Getaways

A caravan makes exploring Australia more flexible. For many Australians, a compact and practical setup makes short breaks easier, more comfortable and far more spontaneous. The layout inside significantly impacts how comfortable, organised and enjoyable your travels become.  Travellers often compare... Read more

7 Situations Where GPR Scanning Can Prevent Costly Construction Mistakes

Construction projects often rely on accurate information before excavation, drilling, coring or demolition begins. While plans, utility records and visual inspections provide valuable guidance, they don't always reveal what's hidden beneath the surface. Unknown utilities, reinforcement, voids or buried structures... Read more

Key Terms to Review Before Signing a Business Lease

A business lease can be a large financial commitment, and the terms buried in the fine print can affect your operation for years. It can be tempting to skim past the legal detail once you’ve found premises you like, but... Read more

When Should You Speak to Bankruptcy Lawyers About Debt Problems?

Debt problems rarely appear without warning, yet many people wait far longer than they should before seeking legal advice about their situation. By the time the decision is made to consult with bankruptcy lawyers, the available options are often more... Read more