People profiles
Albert Eng
Professional Background
- 25 years+ of experience as a senior executive and M&A advisor. Industry expert in Strategic Acquisitions and Digital Strategy.
- Frequent speaker on Digital Strategy, Financial Services Innovation
- Known for strategic insights involving Fintech Innovation and, BPO/ITO Outsourcing
- Known for successful execution of complex change initiatives
- Known for executing M&A deal close, integration, value realization & acquisition performance
- Positions included: Chief of Operations (AIG) Chief Information Officer (AIG, China Online, Hong Kong Exchanges). Practice Head M&A Post-Merger Support (Wipro). IT Head of Equity and Latin America Derivatives (Bankers Trust)
- Innovation Highlights: Inventing the IBM Personal Computer; Derivatives Products Development; Fintech M&A
- New York University Bachelor of Arts
M&A Skills & Expertise
Corporate Strategy and Execution:
- Strategy Development – Organic vs Inorganic (acquire, divest, build), Digital Strategy, Responsible Investment, Strategic Planning and Budget Facilitation, Contact Center & Operational Efficiency
- Strategy Execution of Enterprise Change Initiatives,
- Business Expertise: Financial Services, Defense, Responsible Investment, Sustainability
M&A Deal Management, Integration & Change Management:
- Led diligence to transaction close (executive, regulatory, legal, operations, IT, advisors)
- Governance, Program Oversight, Executive Committee Reporting
- Growth and Cost synergy identification, value realization, acquisition performance
- Merger Integration, Synergy Growth / Cost Implementation
- Organizational Restructuring
Project Highlights
- Bank of Montreal – GE Transportation Finance Acquisition. Program Oversight, Assess Deloitte team program set-up
- TIAA-CREF (Managing Director of M&A and Corporate Development) – Led, advised, executed pre-deal and post-deal activity. Led confirmatory diligence, transaction close, value realization and business line integration to acquire Nuveen Investments (a 226bln asset manager). Co-led creation of Fintech inorganic platform
- Voya Financial (SVP and head of Operational Readiness Office ) – Led and executed with Cognizant surgical transfer of Insurance operations to India and the Philippines without displacing 1000+ ING personnel, creating inorganic value for both parties.
- Cerberus Capital Management – Rollup of Freedom Group Firearms; De-merger of Chrysler from Daimler-Chrysler
- Wipro (Practice Head) – Capital One acquisition of ING Direct, Providence Equity
- Citigroup Venture Capital – Integration of Polaris Software Labs and Citigroup’s Orbitech division in India (2000 personnel).
Sector expertise
- Defence
- Financial Services
- Internet & E-Commerce
- IT Services
- Private Equity & Venture Capital
- Software
Service expertise
- Integration Due Diligence
- Integration Strategy & Design
- Synergies & Value Creation
- Integration Management Office
- Day 1 & 100 Day Planning
- Work Stream Management
- Culture, Change & Communication
- Organization Design & Leadership Selection
- Joint Ventures
- Transition Service Agreements
- Carve-out Strategy & Design
- Stranded Cost Analysis
- Carve-out Management Office
- Carve-out Day 1 Planning
- Work Stream Management
- Retention, Change & Communication
- Organization Design & Leadership Selection
- M&A Training
- Mentoring
- In-house Capability
- Customized Playbooks
- Pre- & Post-implementation Reviews
Languages
- English
Experience