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succession

January 9, 2017

Enterprising family businesses and how next-generation leaders are pushing the boundaries 

January 5, 2017

For decades, high-net-worth individuals and families have valued Bermuda for the array of services available in the jurisdiction to support trust structuring, private-wealth preservation, estate management and succession planning.

As HNWls continue to look for better ways to protect and manage their wealth, Bermuda is leveraging its well-earned reputation as a leading trust and private client centre to firmly position itself as an ideal location to establish and/or operate a family office. 

For decades, high-net-worth individuals and families have valued Bermuda for the array of services available in the jurisdiction to support trust structuring, private-wealth preservation, estate management and succession planning.

As HNWls continue to look for better ways to protect and manage their wealth, Bermuda is leveraging its well-earned reputation as a leading trust and private client centre to firmly position itself as an ideal location to establish and/or operate a family office.

August 19, 2016

Giorgio Armani would do well to consider motivation, guidelines and accountability when setting up a foundation to control his €2.64 billion ($2.9 billion) empire.

Giorgio Armani would do well to consider motivation, guidelines and accountability when setting up a foundation to control his €2.64 billion ($2.9 billion) empire.

This is the advice from the UK family office team of professional services network KPMG when CampdenFB asked what succession plans they would recommend to the Italian fashion designer.

July 26, 2016

Feeling the burden of expectation in taking over the family business? Having fun is one way of lightening the load. 

Feeling the burden of expectation in taking over the family business? Having fun is one way of lightening the load. 

The late actress Katharine Hepburn once said: “If you obey all the rules you miss all the fun.” Wise words for the next generation or hokum?

Many commentators agree the concept of playfulness has merit in family businesses, at least as one tactic to soothe next gens’ nerves over the prospect of growing responsibilities in the workplace.

July 6, 2016

Trusted advisers can bridge the gulf of communication between patriarchs and the next generation in Asia Pacific family businesses when creating much needed family constitutions.

Trusted advisers can bridge the gulf of communication between patriarchs and the next generation in Asia Pacific family businesses when creating much needed family constitutions.

Up and coming members of family businesses often struggled to be heard by traditional elders but consultants from finance, academia and law can help next-gens find their voices when challenging firmly held views.

June 3, 2016

Middle Eastern family businesses facing the challenges of planning succession are set to benefit from the region’s first bilingual governance code.

Middle Eastern family businesses facing the challenges of planning succession are set to benefit from the region’s first bilingual governance code.

The voluntary guide is aimed at large businesses that are going through either first, second, or third generation transitions.

It is a response by the Family Business Council-Gulf (FBCG), the regional association of Family Business Network, to the growing issue of succession in the six countries within the Gulf Co-operation Council (GCC).

May 12, 2016

The case of US billionaire Sumner Redstone highlights tensions when the mental capacity of business leaders is questioned.

The case of US billionaire Sumner Redstone highlights tensions when the mental capacity of business leaders is questioned.

May 12, 2016

An engaging collaboration between UK and Indian family business experts Peter Leach and Tatwamasi Dixit, it brings together Eastern and Western thinking on family business issues – suffusing practical process with quotes from Indian epics. 

May 11, 2016

Khimji Ramdas Group started as a trade-based family business in Oman in 1870 and is now a diversified conglomerate working with more than 400 global brands. In the second of this four-part series of case studies, Zita Nikoletta Verbenyi reports on two governance challenges overcome by the Ramdas family.

Khimji Ramdas Group started as a trade-based family business in Oman in 1870 and is now a diversified conglomerate working with more than 400 global brands. In the second of this four-part series of case studies, Zita Nikoletta Verbenyi reports on two governance challenges overcome by the Ramdas family.

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