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Deloitte Malaysia announces change in executive leadership
KUALA LUMPUR, 2 May 2018 – Deloitte Malaysia today announced that Yee Wing Peng, currently Deloitte Malaysia Country Tax Leader, will succeed Datuk Tan Theng Hooi as Deloitte Malaysia’s next Country Managing Partner effective from 1 June 2018. Datuk Tan will be retiring from the position after an illustrious 41-year career with Deloitte.
Deloitte is the world’s leading professional services network with more than 264,000 people worldwide. Deloitte Malaysia is part of Deloitte Southeast Asia which comprises 340 partners and 8,800 professionals in 25 office locations. In Malaysia, the practice is represented by 51 partners and approximately 2,000 professionals based across 8 offices.
Yee started his career as an auditor in 1993 and joined Deloitte Malaysia’s tax practice in 1997. He was appointed as Deloitte Malaysia Country Tax Leader in June 2011. Currently also the Deloitte Southeast Asia Business Tax Leader and a member of both the Deloitte Southeast Asia and Malaysia Executive Committees, Yee has 25 years of experience in audit and tax, advising local and multinational companies on an extensive range of tax services and business solutions.
Yee’s leadership appointment is part of a rigorous and comprehensive succession and nomination process, which was overseen by the Board of Directors of Deloitte Southeast Asia.
“I am honoured to have been selected by my partners to succeed Datuk Tan as Deloitte Malaysia’s Country Managing Partner. For this to happen during this landmark year of 2018 where Deloitte Malaysia is celebrating its 50th anniversary makes it even more meaningful for me,” said Yee. “I would like to thank my partners for their confidence in me to lead an organisation that delivers excellent services to our clients, emphasises the importance of talent development and continuously makes an impact to society. I am honoured and excited to be given the opportunity to steer Deloitte Malaysia through the next phase of measurable and attributable impact, building on the successes we have achieved under Datuk Tan’s able leadership.”
Datuk Tan has been leading Deloitte Malaysia as Country Managing Partner since 2008 and is also a member of the Board of Directors of Deloitte Southeast Asia. Upon his retirement, he will serve as Senior Advisor in Deloitte Malaysia until the end of 2018. Datuk Tan started his career with Kassim Chan & Co (currently known as Deloitte Malaysia) in 1977. A respected figure in the Malaysian business community, he is currently serving as the President of the Malaysian Institute of Certified Public Accountants, and is also Council Member and Chair of Audit Risk Management Committee of the Malaysian Institute of Accountants.
“I want to thank Datuk Tan for his visionary leadership at Deloitte Malaysia. Under Datuk Tan’s impressive tenure, Deloitte has grown into one of the leading professional services organisations in Malaysia offering a diverse range of professional services to a portfolio of prestigious clients spanning a wide range of industries. We are deeply grateful to Datuk Tan for his numerous contributions to Deloitte’s growth and success, and for positioning our practice solidly for the opportunities in our industry today. On behalf of all our staff and partners, we wish him a well-deserved retirement!” said Philip Yuen, Deloitte Southeast Asia Chief Executive Officer.
“I am also very pleased that Wing Peng is going to lead Deloitte Malaysia into the future. Wing Peng’s leadership experience in Malaysia and Southeast Asia, as well as proven track record in running the successful and respected Malaysia tax practice has equipped him well to lead and drive Deloitte to even greater heights in Malaysia.”
Datuk Tan said, “It has been an honour and a privilege to serve as the Deloitte Malaysia Country Managing Partner for the past 10 years. While it is difficult to leave the organisation I have called home for my entire career, I am proud to have been a part of Deloitte’s growth journey. Working alongside highly talented people has been extremely rewarding for me, and I am thankful to all our clients and stakeholders for their support and encouragement along the way.”
On the appointment of Yee as his successor, Datuk Tan said, “Wing Peng has proven his capability to lead with high performance and success at the helm of our tax practice. Under his leadership, Deloitte Malaysia won many international tax accolades and commendations, including the Malaysia Tax Firm of the Year 2017 award by the International Tax Review (ITR) Asia Tax Awards. I am confident that with Wing Peng’s extensive experience and agility in driving innovations and managing the evolving business environment, Deloitte Malaysia will continually achieve outstanding performance.”
Listed in the 2016 Guide to the World’s Leading Tax Advisers, Yee also serves as the Southeast Asia Tax & Legal Strategy Officer and is responsible for the development and execution of key tax strategies in the region. In addition, he leads the Chinese Services and Korean Services Groups for the Malaysia office and has successfully spearheaded a number of talent initiatives.
He is a Chartered Accountant of the Malaysian Institute of Accountants, a Fellow Member of the ACCA (Association of Chartered Certified Accountants), UK and a member of the Chartered Tax Institute of Malaysia.
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About Deloitte Southeast Asia
Deloitte Southeast Asia Ltd – a member firm of Deloitte Touche Tohmatsu Limited comprising Deloitte practices operating in Brunei, Cambodia, Guam, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam – was established to deliver measurable value to the particular demands of increasingly intra-regional and fast growing companies and enterprises.
Comprising approximately 340 partners and 8,800 professionals in 25 office locations, the subsidiaries and affiliates of Deloitte Southeast Asia Ltd combine their technical expertise and deep industry knowledge to deliver consistent high quality services to companies in the region.
All services are provided through the individual country practices, their subsidiaries and affiliates which are separate and independent legal entities.
About Deloitte Malaysia
In Malaysia, services are provided by Deloitte PLT (LLP0010145-LCA) (AF0080), a limited liability partnership established under Malaysian law, and its affiliates.