PwC has appointed Raymund Chao as greater China chairman.
Chao also joins PwC's global network leadership team as one of five senior partners, and the only Asian representative, playing a vital role in setting the overall strategy for the PwC network and the standards to which PwC firms agree to adhere.
Chao has been instrumental in growing PwC's assurance business in the region over the last ten years, and has a track record of more than 30 years of experience in the profession. He was PwC’s assurance leader for China and the Asia Pacific. He was also one of the core members of the PwC global assurance executive team.
Chao has provided audit and business advisory services to both private and public enterprises in Hong Kong, as well as state-owned and private enterprises in mainland China. He has been involved in a number of onshore and offshore initial public offerings, debt financing, corporate restructuring, and merger and acquisition transactions covering the manufacturing, retailing, media and entertainment, technology and energy sectors.