Former Christie’s Global Managing Director Lilly Chan appointed as Phillips Managing Director for Asia.
A late comer to Asia, Phillips is making up for lost time by attracting staff members of rival auction houses in their move to expand their presence in the region.
Phillips the Auctioneers has been trading since 1796 but it took until November 2016 for the auction house to hold an art auction in Asia. As a late entry to the region considered to be the emerging powerhouse of global art purchasing, Phillips is making up for lost time. The appointment of Lilly Chan as Managing Director of Asia is part of the internal restructuring designed to pit Phillips as a regional rival to the other international auction houses.
Since it has set its eyes on Asia, Phillips has been attracting staff over from its rivals: in May 2016 Jonathan Crockett, who worked for Sotheby’s for 11 years, was appointed as Head of 20th Century & Contemporary Art and Deputy Chairman for Asia at Phillips in May 2016. Now Ms Chan joins Phillips’ growing Hong Kong office from Christie’s, where she was previously Global Managing Director for Asian Art in Hong Kong, expanding department sales to Shanghai and Mumbai.
Ms Chan also had a stint working at JP Morgan Treasury Services, where she was Head of New Product Marketing for the Asia-Pacific market. Of her appointment, Edward Dolman, Chief Executive Officer of Phillips, stated:
A foremost priority for us has been to strengthen our presence in Asia and build relationships with collectors across the region – and a critical component in this ambitious plan is the appointment of an experienced managing director such as Lilly. I look forward to working with her and our entire Asian team to build our reputation as the most innovative auction house in the region.
Ms Chan will be working alongside Crockett, directing the expanding office in Hong Kong. She will also work closely with Terry Chu, recently named to lead the company’s Jewellery Department in Asia, Phillips’ Watches Department and the entire Asian team.
In her new role, Ms Chan will play a key leadership role responsible for implementing and managing all strategic, procedural and operational aspects of the company in Asia with a focus on realising Phillips’ vision and strategic plan along with building the brand across Asia. Along with growing the Hong Kong office, Phillips has made a series of key appointments to boost its presence in Asia. In the past year, the company named Jane Yoon as the regional representative in Korea, Cindy Yen in Taiwan and Kyoko Hattori in Japan.
- Phillips’ first 20th Century and Contemporary Art and Design sale in Asia – round-up – November 2016 – Phillips successfully closes first Asia sale of art and design in Asia with new records
- Record sales set at Sotheby’s Hong Kong Asian Art Autumn Auctions – round-up – October 2016 – Sotheby’s Autumn Sales demonstrate a continued interest in modern and contemporary Asian art
- ArtTactic Global Art Market Outlook 2016 – China, India and Southeast Asia – February 2016 – positive-to-neutral market conditions forecasted for India and Southeast Asia in 2016, while outlook for China is uncertain
- French auction house Artcurial breaks records in debut Hong Kong sale – October 2015 – French auction house Artcurial affirms leadership position with record-breaking sales of comics in inaugural Hong Kong auction
- Slump continues in global market for Chinese art while Hong Kong holds strong – artnet report – September 2015 – Art Radar analyses the highlights from artnet’s Global Chinese Art Auction Market Report 2014
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