IQ-EQ has appointed Peter Golovsky as its managing director, head of private wealth, Asia. The new role will reflect the firm’s global growth strategy and business opportunities opening up across Asia.

Golovsky is a chartered accountant with 25 years of experience in the financial services industry. He has eight years of experience in Hong Kong, where he achieved business growth within the fiduciary sector, working with major Asian families, their family offices and their international business operations.

Responsibilities for the role will include leading and driving the continued growth of IQ-EQ’s private wealth segment across Asia, focusing on Asian entrepreneurs, family businesses and family offices in areas of succession, governance, cross-border planning, intergenerational wealth transfer and philanthropy.

Golovsky was previously global head of fiduciary services and head of Asia for an international legal, accounting and fiduciary services firm. Before that, he was responsible for establishing its presence in Asia, including the set-up of its Hong Kong office. He was also managing director of the institutional sales and private client division of a global fiduciary services provider.

In 2012, Golovsky relocated to Hong Kong from Australia, spending 10 years in private banking and holding senior distribution positions at Macquarie and Westpac. Other roles include private wealth, risk management, corporate governance and audit in both Australia and the US.

Golovsky 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.”

IQ-EQ’s executive chairman for Asia, Shanker Iyer, said: “On behalf of IQ-EQ I am delighted to welcome Peter 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 Sokić, added: “At IQ-EQ we have grand plans for the continued expansion and enhancement of our global Private Wealth offering, and having Peter 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.”