Ascentium, a global business services platform based in Singapore, has unveiled its new Centre of Excellence, Ascentium Max, in Kuala Lumpur. This state-of-the-art shared service centre is designed to optimise internal operations and bolster the company’s growth throughout Asia, with plans to venture into emerging markets. Lennard Yong, Group CEO of Ascentium, highlighted the strategic importance of the centre, stating it will be “a cornerstone for our expansion plans into new markets.”
The Kuala Lumpur hub will function as a non-client-facing shared service centre, consolidating key processes to improve operational effectiveness. It will serve as a hub for specialised expertise and best practices, enabling Ascentium’s branches across the Asia Pacific region to focus on strategic priorities whilst ensuring seamless management of essential back-end operations.
Ascentium Max will be staffed by a team of highly skilled professionals covering several critical business functions, including company secretarial services, Know Your Customer (KYC) processes, accounting and tax services, and payroll processing. By centralising these functions, the centre aims to deliver enhanced efficiency, improved accuracy, cost optimisation, consistent quality, and scalability for future business expansion.
The establishment of Ascentium Max marks a significant step in Ascentium’s commitment to operational excellence and regional growth. As the company continues to expand its footprint, the new centre is expected to play a pivotal role in supporting its Asia Pacific operations and ensuring a seamless transition into new markets.
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