David Liu is a regional managing director based in Hong Kong. In addition, he serves as City Leader for Hong Kong, is an operating member of Kroll’s Asia-Pacific (APAC) Management Committee, and a member of the APAC Regional Board for Kroll’s Charitable Foundation. He leverages more than 20 years of experience advising and working with financial institutions, private equity sponsors, family offices, venture capital and financial technology firms across engagements involving capital markets, environmental, social and governance (ESG) and digital assets.
David leads Kroll’s APAC growth strategy, client relationship management, and enterprise sales along with our ESG advisory services in the region.
Prior to his current position, David served as the Head of Asia Pacific for Kroll’s Compliance, Risk and Diligence practice, where he assisted clients to manage risks such as complying with anti-money laundering (AML), anti-bribery and anti-corruption (ABC) regulations. This included conducting AML program reviews, Foreign Corrupt Practices Act (FCPA) compliance program reviews, and complex reputational and ESG policy due diligence for financial institutions and corporations.
David has extensive experience with initial public offering (IPO) due diligence for investment banks, working with sponsors, underwriters, and law firms to manage regulatory, sanctions, and compliance risks. Additionally, he has managed market-sizing, market entry and benchmarking assessment projects across APAC for corporate clients, international development banks and sovereign wealth funds.
David is a key advisor for financial and regulatory technology accelerators and associations where he supports early-stage venture backed companies, institutional firms and various exchanges in navigating the rapidly evolving regulatory landscape surrounding blockchain and cryptocurrencies.
Before joining Kroll, David worked at the Economist Intelligence Unit (EIU), the leading global research and analysis division of The Economist Group. As the leader of EIU’s consulting business in APAC, he was responsible for driving growth, along with helping financial institutions, sovereign wealth funds, multinationals, and various government agencies to navigate and mitigate a wide range of economic, regulatory, political, operational and financial risks.
David’s additional experience includes managing business, strategy and operational risks for a venture-backed technology company in China focused on mobile payments and transactions. There, he spearheaded partnerships with telecom leaders such as China Mobile, China Unicom and China Telecom. Before that, he managed institutional banking partnerships at one of the top global financial institutions, where he worked closely with clients that included Bank of America Merrill Lynch, Citibank, Morgan Stanley and Deutsche Bank.
David received an MBA from the Kellogg School of Management at Northwestern University and a B.S. from the University of California. He has also completed certificates for the Oxford Blockchain Strategy Programme (University of Oxford, Saiid Business School) and the University of Cambridge Institute for Sustainability Leadership.