Edmond Chan, Chief Financial Officer, Asia ex-Japan AllianceBernstein Hong Kong Limited
(HKU MBA, Class of 2013)
Edmond Chan is AllianceBernstein’s regional Chief Financial Officer reporting to the Group CFO John Weisenseel. As regional CFO, Edmond oversees the accounting, financial planning and analysis, regulatory reporting, M&A, treasury, payroll and tax functions at AB. Edmond has been with AB since 2008. He was responsible for financial control and has worked closely with AB’s senior management in the region since his arrival. Edmond has over 16 years of experience in financial control and auditing. Prior to joining AB, Edmond was the Audit Manager at PricewaterhouseCoopers. His professional career began at Arthur Andersen. He has extensive experience in auditing financial statements and providing advisory services to multinational and listed companies.
Edmond graduated from The University of Hong Kong with a bachelor’s degree in Business Administration (Accounting and Finance). He earned his MBA degree from The University of Hong Kong and is CPA certified in Hong Kong.
Learn more about Edmond’s MBA jorney:
Q: What were you doing before you embarked on your MBA journey?
A: I took the part-time HKU MBA program. During my MBA journey, I was the regional Financial Controller of AllianceBernstein (“AB”) which provides asset management services worldwide to investors. I was responsible for financial control for Asia Ex-Japan region. Prior to joining AB, I was the Audit Manager at PricewaterhouseCoopers. My professional career began at Arthur Andersen.
Q: What was your main motivation is doing an MBA? Why?
A: While I have had solid background in accounting and auditing, the MBA can allow me to diversify my skills and build confidence in other elements of a business. Not only can I continue enhancing my academic and professional knowledge of business administration, it is also a great opportunity for me to keep apprised of the current global market environment. Apart from that, pursuing an MBA can give me great networking opportunities with fellow classmates as well as access to the extensive alumni network.
Q: What is the single most important lesson you have learned from your MBA experience?
A: The lesson I have learned from my MBA experience is the importance of diversity. During my MBA study, I worked with smart, talented people, who work in different industries and have diverse credentials. The thought-provoking and constructive debate with them has indeed been enlightening. “Great minds think alike” may not be a universal truth. Through group assignments, I have acquired enormous insight into how people are all thinking out of different dimensions.
Q: What are you doing now? Did your MBA help in the transition and change?
A: I am still working at AB. Two years after my graduation from the HKU MBA program, I have stepped up to the position of regional Chief Financial Officer. As regional CFO, I oversees the accounting, financial planning and analysis, regulatory reporting, M&A, treasury, payroll and tax functions for the region. MBA allowed me to acquire an in-depth view of the business world and polish my presentation skills through practices from time to time.
Q: If there is one thing you would change about your MBA experience, what would it be?
A: With the hindsight, one thing I would change is that I should take even more elective courses which go beyond my comfort zone. One example I have in mind is technology-related curriculum. Today, our business can’t afford to miss the digital wave. Globally technology is a real disrupter in many ways. Tech-immersed generation has grown up and is shaping our society and economy. It is important to keep up to speed on this front.