Insight & Analysis

Press release: Deloitte appoints Valerie Heng as Director, Treasury Advisory in Southeast Asia

Published: Jun 2022

30th May 2022 – Deloitte today announced the addition of a senior hire in Singapore to its Treasury Advisory practice in Southeast Asia. Valerie Heng, who previously led Lenovo’s Global Treasury Operations across Asia Pacific, will join Deloitte as a Director and lead for their advisory services to corporate clients in Southeast Asia.

Newspaper press release

François-Dominique Doll, Partner and Deloitte Global Treasury Advisory Southeast Asia Leader shared, “The COVID-19 pandemic has accelerated the need for corporates in Southeast Asia to transform their treasury operations and centralise their cash and liquidity management. Working with virtual teams and facing external challenges like rising interest rates and currency volatility, the need for external advisory services to strengthen core processes and governance is vital to manage financial risks. Treasury is a dynamic field, and we look forward to work with corporates to help them define the future of treasury.”

“We are delighted to welcome Valerie to the team. In addition to her comprehensive experience and deep industry knowledge, she has a strong client focus, making her an ideal leader as we build on the success and growth of our Treasury Advisory business,” added Francois.

Valerie brings over 20 years of Global Treasury Management experience with track records of setting up centralised treasury operations overseeing cash management and treasury back-office activities with Lenovo, Menlo Worldwide and Cargill. Prior to joining Deloitte, she headed the Global Treasury Operations for Lenovo across Asia Pacific, Europe, Middle East and the Americas region, navigating a complex regulatory environment to centralise cash across multiple countries. She was instrumental in setting up sophisticated cash pooling solutions from Europe and US to Asia and rolling out e-commerce payments in Asia.

Deloitte’s Treasury Advisory practice is a global leader in treasury transformation for corporates. With 20 dedicated treasury practitioners based in Singapore, Indonesia and Malaysia, supported by treasury accounting and tax experts, and access to Deloitte treasury professionals across its global network, the Treasury Advisory practice in Southeast Asia has global reach and advises international organisations on treasury governance, cash and liquidity, risk management and treasury technology supporting the selection, implementation and support of key treasury management systems in the market. Deloitte Treasury Advisory leaders have been named Asia’s Best Treasury Consultants for 2019 and 2020 by the Corporate Treasurer. For more information, please visit

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