Ashurst to put Asia into board meeting rotation following Blakes deal

Ashurst is planning to hold management board meetings outside Europe for the first time, with the move following the election of the first Asia partner to its committee.

The City firm is set to host meetings in Asia from the autumn as part of its policy of rotating the location of the gatherings, although the plans are still at an initial stage.

Partners voted Singapore chief Matthew Bubb onto the board last week, with the project finance and banking partner replacing Paris finance partner Laurent Mabilat (9 May 2012).

The meetings would not necessarily take place in Singapore, with Hong Kong and other Asian locations possible in line with its current style of holding meetings in different offices even if no board members are based there.

All meetings up until now have taken place in Europe, with none held in the New York base opened in 2000. They are held roughly 10 times a year as standard, but discussions over the Blakes deal have meant that they have been held monthly for the past year.

Bubb has become the first Asia partner to sit on the 10-person board, which also includes Mary Padbury, chairman of Ashurst Australia, which was created when the City firm brought into force its tie-up with Australian firm Blake Dawson in March (26 September 2011). The terms of the deal require a legacy Blakes partner to sit on the board, although how this will change after the potential full merger between the firms in 2014 has not been decided.