Asia-Pacific region still lags on transition management practices, says Mercer principal

The need to educate Asian institutions about transition management means the process of selecting a transition manager is slower in the region.

“From an Asian perspective, it is a much longer process… in terms of an education process… to give tools to, say, a finance committee to then go and talk to an investment committee, who then makes that decision,” Nick McDonald, principal at Mercer in Hong Kong, told delegates attending Transition Management Asia 2010, in Hong Kong last month. “So I think

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