Release date: July 1, 19— For more information:
James Wells—605-345-6789
MARSELL-DONMELSON OPENS OFFICES IN HONG KONG AND SINGAPORE
Marsell-Donmelson, a leading financial and accounting firm, has announced the formation of Marsell-Donmelson (Asia) Ltd. with offices in Hong Kong and Singapore.
Each office will have an initial staff of 40 people. The staffs will include English, Australian, American, Chinese, Malaysian, and Singaporean nationals.
A third office will be opened in Tokyo this year, the firm announced.
Ronald Lofton, London-based president of Marsell-Donmelson who supervised formation of the new companies, said: “Hong Kong is perhaps the fastest-growing financial center in the Far East. Many companies, including present clients, have established regional headquarters there. From this office we will have access to the increasingly significant market areas of Malaysia and Indonesia. This Asian capability, added to the six offices we have in Europe and North America, will allow us to offer complete financial service to the world’s three most important business areas.”
Donald Matthews, a leading financial spokesman in Singapore for the past two years, will be executive vice president in charge of Marsell-Donmelson Asian operations. A CPA by background, Matthews also managed a public relations consultancy in New Zealand.
The Singapore office will be managed by Paul Baker, regional vice president, who previously managed a public relations firm in Singapore for three years.
Both Mr. Matthews and Mr. Baker will be on the board of the Asian company.
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