14 October 2017 marked a momentous occasion in the calendar of RHT Rajan Menon Foundation (“Foundation”) as its representatives travelled to Lombok, Indonesia, to participate in an opening ceremony of three bridges totalling 49 metres, sponsored by the Foundation. This is the Foundation’s first corporate social responsibility project out of Singapore.
Why are we doing this? Who are we helping?
Helping the disadvantaged is one of the goals of the Foundation.
A rural village in Lombok had to rely on makeshift bridges to get across different river sections from their village to the mainland. These bridges were unstable and collapsed at each monsoon season, presenting dangerous situations for both adults and children. After various discussions with both Singaporean and Indonesian contacts, the Foundation was pleased to support the construction of the bridges, benefitting 15 farmers and 75 of their family members whose main source of income come from the farming of chillis, vegetables and rice.
The objectives of this project are to:
Present safety passage for the villagers to cross from their village to the mainland
Allow mini trucks to travel across the sturdy bridges, opening up economic opportunities for the villagers and future generations
Allow the villagers to earn an income even during the monsoon season
The Foundation’s Associate Director Christabel Lim was in Lombok and in her opening remarks said, “We are very happy to be here in this beautiful country and hope the bridges will be a blessing to you and your families. Now that the bridges are built on strong foundations, you can travel to and fro your village and the mainland with a peace of mind. Thank you to everyone who helped to build the bridges under the hot sun, sometimes working late into the night as well. Your skills and perseverance to complete the bridges in a short span of time before the monsoon season are admirable.”
Mr Benjamin Szeto’s specialist knowledge in Private Wealth management underscores the Firm’s emphasis on leveraging demand for legal advice on cross border investments and transactions
Leading international law firm RHTLaw Taylor Wessing bolsters its Private Wealth Practice with the appointment of Mr Benjamin Szeto as a Partner and Deputy Head of the Private Wealth Practice, effective 1 October 2017.
Benjamin joins RHTLaw Taylor Wessing from Savoir LLC, a bespoke law practice that specialises in crafting structures and solutions for a select clientele, which he founded in 2014. He brings with him almost 20 years of experience in advising high net worth clients, business owners, entrepreneurs, financial institutions, listed entities and Fortune 500 corporations on a wide range of transactions.
Some of these dealings span diverse jurisdictions and include trusts, wealth and legacy planning, investments, real estate matters, acquisitions and divestments, and deal documentation. Over the years, Benjamin has advised clients from Singapore, Canada, China, Germany, Hong Kong, India, Indonesia, Japan, Philippines, and the United Kingdom.
Benjamin is a Registered Trust and Estate Practitioner (TEP) of the Society of Trust and Estate Practitioners (STEP), the worldwide association for professionals in asset protection, family inheritance and succession planning as well as an author for LexisNexis Practical Guidance Singapore on various Trusts topics.
Mr Tan Chong Huat, Co-Head of Private Wealth and Senior Partner of RHTLaw Taylor Wessing commented, “We are delighted to welcome Benjamin to the Firm. With his years of experience working with high net worth clients and extensive knowledge in private wealth, I am certain his addition will strengthen the Firm’s Private Wealth position as a premium choice to clients and organisations. Benjamin’s cross-border capabilities are congruent with our ASEAN Plus Group strategy as we recognise the importance of being able to service clients in regional matters.”
“As Singapore positions itself to be the private wealth management hub for the region, we observe a number of high net worth individuals and families, who want their accumulated wealth to be safe and well managed, moving their funds to Singapore. With Benjamin on board, we are in an even stronger position to assist our clients in Singapore and the region.”
Benjamin attained his Bachelor of Laws (Honours) from the University of Birmingham in 1996. He was called to the Bar as a Barrister-at-Law (Lincoln’s Inn) (1997) and was admitted as an Advocate and Solicitor in Singapore (1998). In 2008, he attained his Master of Science (Real Estate) from the National University of Singapore. He also holds a STEP Diploma in International Trust Management (Distinction) and a Diploma in Financial Management from the ACCA.
This press release is featured in the following news reports:
“Law Firm Adds to Asian Wealth Practice” - FInews.asia, 13 October 2017
"RHTLaw appoints private wealth practice partner in SG" - Asian Legal Business, 13 October 2017
"Weekly roundup of people moves, Oct 13" - Asian Investor, 13 October 2017
"Corporate Moves" - The Edge, 6 November 2017
RHTLaw Taylor Wessing is proud to be a Gold Sponsor of the launch of Action Community for Entrepreneurship International Centre (ACEIC). The launch marks the inauguration of the first one-stop centre within the Singapore Start-up Ecosystem to facilitate start-ups’ access to global markets and allow overseas start-ups and multipliers to network as well as collaborate with the start-ups in Singapore.
Head of Intellectual Property & Technology, Jonathan Kok, represented the Firm at the launch. The sponsorship is part of the Firm’s ongoing commitment towards supporting the entrepreneurship landscape through facilitating the growth of local and overseas companies into the Asian region by tapping on its international capabilities.
The launch on 6 September 2017 was held at the heart of the nation’s evolving start-up ecosystem, the JTC LaunchPad @ One-North and is supported by SPRING Singapore, International Enterprise Singapore (IE Singapore) and JTC Corporation (JTC). It brought together representatives from trade associations and chambers, embassies, government agencies, innovation hubs and Singapore government agencies to advance towards establishing reciprocal exchanges with start-ups in Singapore.
Senior Minister of State for the Ministry of Trade & Industry and Ministry of National Development, Dr Koh Poh Koon was the Guest-of-Honour. In his officiating speech, Dr Koh said, “The establishment of the ACEIC is therefore timely, to enhance global connections for our entrepreneurs and provide a platform for start-ups to expand into regional markets.”
Mr Sundaram Subramaniam’s extensive experience in commercial insurance, compliance and civil litigation will significantly enhance the Firm’s service offering to clients in the diverse and complex regulatory and compliance environment
Leading international law firm RHTLaw Taylor Wessing bolsters its Litigation & Dispute Resolution Practice with the appointment of Mr Sundaram Subramaniam as a Partner, effective 7 August 2017.
Sundaram has extensive experience in the regulatory and compliance environment. He acts for various notable institutional clients, primarily insurers, on matters relating to corporate policy liabilities, fraud, commercial advisory work, breach of policy implications, and conflicts of interests. Many of his litigation cases involve technical assessments, mediation and dispute resolution.
His legal expertise also includes advising insurers on a broad range of compliance matters arising from regulatory and distribution compliance. Sundaram has also dealt in foreign law matters, having acted in multiple high value cross-border matters relating to injury claims and industrial accidents.
Azman Jaafar, Deputy Managing Partner of RHTLaw Taylor Wessing commented, “We are delighted to welcome Sundaram to the Firm. Increasingly, a portion of our work is from clients in the regulatory and compliance sector and Sundaram’s wealth of experience will greatly enhance the Litigation & Dispute Resolution Practice’s capabilities. Seen as an expert by insurers, he trains others on a wide range of legal and compliance topics. I look forward to Sundaram sharing his expertise with his new team and know this will further elevate the Firm’s position in the insurance scene.”
Sundaram is dual qualified both in Singapore and Australia with more than 15 years of legal experience.
Sundaram attained his Bachelor of Laws (LLB) in 1991 and successfully completed the English Bar Exams with the Council of Legal Education Inns of Court School of Laws UK in 1993. He was called to the English Bar in 1993 and admitted to the Singapore Bar in 1995. In 2013, he attained his Master of Laws (LLM) with the University of Western Australia.
The appointment of Sundaram follows the hiring of Mr Wee Jee Kin, who joined the Firm’s Corporate Practice as Partner in July 2017.
This press release is featured in the following news reports:
"RHTLaw lands regulatory partner from SG boutique Bogaars & Din" - Asian Legal Business, 30 August 2017
"RHTLaw Taylor Wessing brings on partner from Singapore boutique firm" - BigLaw, 30 August 2017
"Corporate Moves" - The Edge Singapore, 15 September 2017
"Appointments" - Asian Legal Business, October 2017, Asia Edition