Stagwell (STGW) Accelerates Growth in Asia-Pacific with Opening of New Global Office in Singapore


Randy Duax in the main office as general manager, Asia Pacific

NEW YORK, November 18, 2021 / PRNewswire / – (NASDAQ: STGW) – Stagwell, the challenger network built to transform marketing, today announced the opening of a new regional headquarters in Singapore to cope with rapid growth and stimulate expansion into other key markets through Asia Pacific. Singapore will serve as a key geographic hub to anchor international customer network engagements and connect local teams to Stagwell’s premier modern marketing services platform. Headquarters arrives as Stagwell adapts its mix of transformative creative and connected solutions to brands in key growth markets around the world.

Randy Duax, who currently serves as SVP, Executive Talent at Stagwell, has been selected to lead the office as Managing Director, Asia Pacific, effective January 2022. Duax to report to President and CEO Mark Penn and work to connect key Stagwell digital marketing and services talent with client partners in Singapore and all along Asia Pacific, serving as a direct link to global leadership as the company plans for growth in the region. He will work closely with Stagwell’s multiple agencies in the region and its growing list of global affiliates, including Beyond Media Group and Metric Design Studio. Stagwell’s global affiliate program, launched just ten months ago, now offers representation in more than 90 cities across 49 countries in Asia, Latin America, Europe, and Africa. Stagwell’s APAC partners help extend essential digital marketing, search, media and content services across Singapore, China, Japan, South Korea, and Thailand.

“We remain laser focused at Stagwell on our mission to transform marketing – nationally and globally,” said Mark Penn. “Singapore is the right location for Stagwell’s regional headquarters and I am excited about the growth of our network through Asia Pacific. Randy’s experience and long-term commitments in Singapore will serve our network well. “

“Stagwell is open for business on a global scale and I am proud to contribute to our efforts to bring the creativity, strategic and digital expertise of our teams to more partners in Asia Pacific“Duax added.” I made some of my best business partners – and even greatest friends – by Singapore, and I am delighted to have the opportunity to strengthen Stagwell’s foothold in this high growth region. “

Duax joined Stagwell (formerly MDC Partners Inc.) in 2016 as SVP, Talent and Recruiting of WPP, where he served as Director of Talent for Asia Pacific and was responsible for recruiting senior executives through Singapore, Shanghai, Sydney and Tokyo. He is the latest Stagwell executive asked to drive results for clients based in Singapore. Earlier this year, world design agency 72andSunny promoted Ida Siow – with previous mandates at BBH London, Ogilvy Shanghai and J. Walter thompson (now Wunderman Thompson) – to the President, leading his Singapore Office. Forsman & Bodenfors Singapore recently brought in Po Kay Lee, formerly Head of Development Asia in the WPP SuperUnion, as president, Singapore, and typed Deborah Adams for the post of communications director. And the named MMI agency Sarah hempstead as Executive Vice President, Global Growth Strategy based at Singapore earlier this year.

Stagwell has seven brands across the Asia Pacific region: global communications company Allison + Partners, global creative network 72andSunny, travel content and media brand INK, market research agency National Research Group, purchase journey store MMI Agency, and global performance media agency Assembly, recently named Media Agency of the Year for Asia Pacific by Le Tambour.

“Our presence in Singapore, and in APAC more broadly, is only growing, making it easier to partner with our colleagues at Stagwell Media Network and Stagwell more broadly to provide clients with the tailor-made digital expertise for which Stagwell is known, ”added Richard Brosgill, Managing Director of APAC and UK for Assembly. “I have had the honor of working closely with Randy over the past few months following the Stagwell and MDC merger and he has already been instrumental in providing intelligent information about the region and attracting new partners in our pipeline. “

About Stagwell

Stagwell is the network challenger designed to transform marketing. We deliver creative performance at scale for the world’s most ambitious brands, connecting cultural creativity with cutting-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 10,000+ specialists in more than 20 countries are united around one goal: to increase efficiency and improve business results for their clients. Join us at www.stagwellglobal.com.

Contact:
Beth sidhu
202-423-4414
[email protected]

Stagwell is the challenger holding company created to transform marketing. (PRNewsfoto / MDC Partners Inc., Stagwell Inc.)

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SOURCE Stagwell Inc.

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