Summary
Simon But is a finance and fund services leader with nearly a decade of focused experience in accounting, settlements, valuation and supervisory leadership across major custodians and institutional trustees. Currently Head of Finance and Accounting at Penguin Securities in Singapore, he formerly spent over a decade at HSBC Institutional Trust Services rising to Senior Vice President of Fund Services. He has a strong operational pedigree managing large multi-billion dollar NAV portfolios, stabilizing teams, designing process reviews and liaising with auditors and performance teams to deliver bespoke client reporting. Simon's background includes hands-on custody, securities lending and derivatives operations from roles at State Street and HSBC, giving him deep technical know-how in day-to-day fund mechanics as well as strategic oversight. As owner of Firepillar2, he brings an entrepreneurial perspective alongside institutional discipline, often applying real-world operations insight to product and reporting improvements. Colleagues value his track record of reducing turnover, building capability in regional teams and translating complex accounting requirements into auditable, client-facing solutions.
9 years of coding experience
4 years of employment as a software developer
Baptist Lui Ming Choi Secondary School
Hong Kong University of Science and Technology (HKUST)