What does every tycoon need? A treasurer

Why having a professional treasury division is useful for Asian tycoons contemplating the transfer of empires to the next generation.
What does every  tycoon need? A treasurer

Many of Asia’s tycoons are in the midst of passing down their accumulated capital to their sons and daughters. But very public succession sagas have plagued family businesses, large and small, from India’s Reliance, to Samsung, Formosa Plastics, ChinaChem and most recently, Sun Hung Kai run by the famous Kwok brothers.

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