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Apex Group commits to Vietnam market with new head appointment and office launch

08 January 2025

Apex Group Ltd. (“the Group”), the leading global financial services provider, announces a new country head of Vietnam, while launching a new country office – Apex Vietnam. Based in Ho Chi Minh City, Tyler McElhaney will lead a team of corporate and financial services professionals. This move underscores Apex Group’s long-term commitment to Vietnam- and more broadly the ASEAN region.

Licensed by the Department of Planning and Investment, Apex Vietnam will provide a full range of innovative financial services, products and solutions, including: market entry advisory, compliance and accounting, and ESG-related solutions. Apex Group has much experience within the market, having served Vitenamese corporate and private clients from offices globally. Growth has been driven by increased demand from existing and new clients for Apex Group’s single-source solution onshore in Vietnam.

Tyler McElhaney has over 20 years of international  experience, having lived in the US, China, Singapore, Hong Kong, Qatar and Vietnam. Prior to joining Apex Group, McElhaney was CEO of a regulated asset management firm while also serving as General Partner of an $1bn USD  impact-based investment fund focused on infrastructure in Africa and Southeast Asia.

Commenting on his appointment and the launch of Apex Vietnam, Tyler McElhaney, said:

“I’m delighted to be a part of Apex Group at a time when they’re driving positive change throughout the industry. The launch of Apex Vietnam shows we’re committed to the market - bringing the best in class products and services to our clients. We also have the ability to service regional and global clients locally.

“My ambitions for this role are to hire highly skilled local talent and grow technical expertise within the financial services sector. We’re also striving towards lowering the barriers to entry for our global clients and prospects, and nurturing relationships with government, NGOs, and business groups to support the country’s goals on market liberalisation and development”

Also, commenting on McElhaney’s appointment, Valerie Mantot Groene, Apex Group’s regional head, ASEAN, says:

“We welcome Tyler to Apex Group. His appointment represents a key milestone in our expansion across APAC. The Vietnamese economy is expected to grow by more than 6.5% in 2025, and we want to grow alongside the country, providing best global practices to the local market. We look forward to Tyler leading this new team and driving execution, offering the best, innovative solutions for our clients.”

Media contacts

Chanel.Townsend@apexgroup.com

About Apex Group

Apex Group is dedicated to driving positive change in financial services while fuelling the growth and ambitions of asset managers, allocators, financial institutions, and family offices. Established in Bermuda in 2003, the Group has continually disrupted the asset servicing industry through its investment in innovation and talent. Today, Apex Group sets the pace in asset servicing and stands out for its unique single-source solution and unified cross asset-class platform which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals.  

Apex Group leads the asset servicing industry with a broad and unmatched range of services, including capital raising, business and corporate management, fund and investor administration, portfolio and investment administration, ESG, capital markets and transactions support. These services are tailored to each client and are delivered both at the Group level and via specialist subsidiary brands.

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