04:58, August 02 60 0

2017-08-02 04:58:07
KWM names Shenzhen partner as new EUME head

King & Wood Mallesons has appointed Shenzhen corporate partner Wang Rongkang as the managing partner to its newly launched EUME platform.

Rongkang will relocate to London imminently to take on the new role.

The appointment comes almost six months after KWM relaunched its EUME platform following the legacy KWM EUME LLP’s entering into administration in January 2017. At the same time as appointing the new EUME head, KWM also unveiled two internal promotions in London as part of the firm’s push to rebuild its presence in London and Europe.

Wang is currently a senior partner in investment and M&A and sits on KWM’s international management committee and China Management Committee. He also chairs the firm’s China finance committee. As one of the founders of the firm’s Shenzhen office, he has gained leadership experience having been acting as the managing partner of South China office and leading the development of the Shenzhen and Guangzhou offices.

KWM global chair Wang Junfeng said: “The appointment demonstrates KWM’s commitment to the long-term development of our EUME platform, providing extensive legal services in this jurisdiction for our clients, and to strengthening its integration with the global firm.”

The two newly promoted London partners are corporate lawyer Barri Mendelsohn and employment lawyer David Wilman, who also serves as EUME general counsel. The promotions have pushed the total number of partners to 10. There are also 11 associates working in London.

Last week, the firm made its first EUME lateral partner hires in Frankfurt, corporate partner Hui Zhao from German firm Noerr. Zhao focuses on acting for Chinese M&A transactions in Germany. The firm also hired Latham & Watkins finance and restructuring counsel Daniel Ehret as a partner in Frankfurt.

“Our EUME offices are critical to our global strategy of being the top tier international firm in Asia to service clients from Asia with global needs and international clients with needs in Asia as well as local European clients. We are very fortunate to have someone of Rongkang’s experience leading the next chapter of growth and development for KWM’s EUME operations and overseeing the ongoing integration with the global firm,” said KWM global managing partner Sue Kench.

While the new EUME platform operates under the Swiss verein structure, the EUME partners are part of the KWM China partnership and attended the KWM China partnership annual meeting in Beijing in February. The London and European offices have also received financial support from China at the time of the relaunch. But it is understood that the Europe offices will operate as single entities and report their financial results individually, in accordance with local regulations.

Following the closure of its Riyadh office in April, KWM now has six offices in the EUME, Brussels, Dubai, London, Frankfurt, Madrid and Milan. Together they house 32 partners and 73 associates.