General Electric’s (GE) former Asia Pacific general counsel Steve Maloy has taken a senior advisory role at Beijing-headquartered Chinese law firm JT&N with the aim of helping the firm grow its international practice.
Maloy worked at GE for 35 years, with 29 years spent in Asia. Over the past three decades, he helped build up GE’s Asia Pacific in-house department from a single lawyer to almost 200 members. He retired from this role recently and was succeeded by Geoffrey Culbert, formerly the Asia-Pacific general counsel for GE Capital.
Maloy also served as the vice-chairman of GE China and as executive director – law and policy for GE Healthcare China until his retirement. Aside from growing the in-house legal team, he was actively involved in the negotiations of many GE investments in China, India, South East Asia and Australasia.
In his new role at JT&N, Maloy will focus on advising clients on the development of global business, including new market entry, acquisitions, alliances and joint ventures, and corporate and compliance. He will also assist JT&N’s management committee in improving the firm’s management structure and practice standards, and will play a role in developing its international strategy.
Although he will reside in Hong Kong, Maloy will regularly visit JT&N’s mainland offices and work with the firm’s management and clients from Hong Kong.
“I’m deeply convinced that the most dynamic and intellectually stimulating legal market in the world over the next 10 years will be in China and East Asia, and I feel extremely fortunate to be able to continue my engagement in it from a different perspective,” Maloy commented.
Max Tian, the head of JT&N’s management committee, said in a statement that Maloy’s appointment is part of an overall strategy to bring in highly qualified attorneys who can service the needs of clients requiring both domestic and global experience.
“We’re actively seeking to build our knowledge of the global business and legal market,” added Tian.
JT&N is headquartered in Beijing and has 90 partners and 130 lawyers across six offices in China. It is understood that the firm is currently undergoing a transformative management restructuring and will soon install its first full-time non-lawyer executive manager.
Maloy also serves as senior advisor to ZICOlaw, an ASEAN-focused network of legal and related service firms, including Kuala Lumpur-based Zaid Ibrahim & Co. He will retain this role after his appointment with JT&N.