Promontory Consulting (Beijing) Co., Ltd.

Promontory’s Beijing office advises financial institutions and corporations in China on risk management, corporate governance, regulatory compliance, operational efficiency, and management of information security and data privacy. Promontory’s business in China is led by former Deputy U.S. Treasury Secretary Frank Newman, chairman of Promontory China, and Bing Yu, managing director and general manager. Prior to joining Promontory, Mr. Newman was chairman and chief executive of Shenzhen Development Bank, a national bank based in Shenzhen, China. Ms. Yu joins Promontory from a large global consultancy, where she headed the financial risk management advisory practice in mainland China. What We Do China’s financial industry has undergone significant changes and is now home to many institutions. The operating environment for banks in China and the region has become increasingly competitive and complex. Market-driven policies, and new forms of banking facilitated by new technology, have pressured banks to innovate and focus on the customer experience. Tightened regulatory requirements have substantially raised compliance costs. Promontory China is a growing team of professionals who specialize in advising financial institutions and corporations on complex risks. Our China team draws on Promontory Financial Group’s worldwide resources — a group of exceptionally experienced professionals, with deep and varied global expertise gained as senior leaders of regulatory bodies, financial institutions, and Fortune 100 corporations. Promontory China is positioned to help our clients transform and succeed. We guide financial institutions through complicated regulatory requirements and help them meet the evolving demands of customers. We are a closely integrated global firm able to resolve national and cross-border issues in banking, securities, commodities, financial instruments, markets, and insurance. We help companies understand and comply with global and national regulations and legislative directives in jurisdictions throughout North America, Europe, Australia, and Asia, including the Middle East. Our five services pillars are risk governance and management, regulatory compliance, capital planning and management, asset-liability and liquidity management, and data privacy and information security management. Our advice on regulatory compliance, corporate governance, and risk management is tailored for financial institutions and corporations operating in China (both Chinese and foreign-invested entities) and for Chinese companies considering entering, or already operating in, foreign markets.

Address: Unit 3, Level 10, Tower W3, Oriental Plaza, No. 1 East Chang An Avenue, Dong Cheng District, Beijing, China 100738

Phone: +86 10 8518 8288
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