SINGAPORE, July 1, 2026 /PRNewswire/ -- Russell Reynolds Associates (RRA), the leading global leadership advisory firm, has appointed Alistair Macrae as the new Head of Asia Pacific (APAC), succeeding Matthias Oberholzer, effective 1 July 2026. In his new role, Macrae will lead the firm's operations across APAC, continuing to deepen relationships with the firm's clients as well as drive strategic growth across these key geographies.
Macrae brings extensive experience in board and CEO advisory, including chair, non-executive director, and audit committee chair appointments. His work focuses on board composition, leadership succession and executive team effectiveness, ensuring leadership decisions support long-term business objectives. In addition to his Board and CEO work, Macrae has significant experience advising on senior corporate officer appointments. Drawing on his background in finance, strategy and corporate leadership, he helps organisations assess and identify the capabilities needed for complex roles in rapidly evolving business environments.
"I am honoured to have been appointed to lead the Asia Pacific region at such an exciting time," said Alistair Macrae. "As boards, CEOs, and senior leaders across the region navigate heightened economic uncertainty, rapid technological change, and critical talent gaps, the need for highly strategic and adaptable leadership is of critical importance. I look forward to working closely with our exceptional teams across the entire region to help our clients navigate the increasingly complex global leadership landscape."
Commenting on the new appointment, Matthias Oberholzer said: "Alistair's appointment is part of our ongoing commitment to planned leadership succession, ensuring we bring fresh perspectives to our regional operations. Alistair has a proven track record of understanding the unique cultural and business dynamics across the region. We are confident that his broad regional vision, spanning from Australia to key hubs in India, North and South Asia, will bring immense value to our clients as they build world-class leadership teams."
Following his successful leadership in the APAC region, Oberholzer will transition back to focusing fully on his global advisory work. Based in Zurich, Switzerland, Oberholzer will continue advising organisations on CEO and board leadership, succession, executive assessment, and senior leadership matters across the insurance, banking, and private equity industries.
Macrae is also a member of Russell Reynolds Associates Global Senior Leadership Team. He joined the firm after a successful corporate career, including six years with Fairfax Media Limited as CFO of the digital business, and corporate strategy roles at Tabcorp Holdings Limited. He began his career with Ernst & Young within the Minerals, Energy and Utilities Practice. Macrae received his BCom from the University of Melbourne and his MBA from the Melbourne Business School. He is also a qualified Chartered Accountant.
About Russell Reynolds Associates
Russell Reynolds Associates is a global leadership advisory firm. Our 500+ consultants in 47 offices work with public, private, and nonprofit organisations across all industries and regions. We help our clients build teams of transformational leaders who can meet today's challenges and anticipate the digital, economic, sustainability, and political trends that are reshaping the global business environment. From helping boards with their structure, culture, and effectiveness to identifying, assessing and defining the best leadership for organisations, our teams bring their decades of expertise to help clients address their most complex leadership issues. We exist to improve the way the world is led. Find out more at www.russellreynolds.com.
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Russell Reynolds Associates Names Alistair Macrae as Head of Asia Pacific
The partnership advances intellectual property protection for Korean brands across Temu's platform, which operates in more than 90 markets
SEOUL, South Korea, July 1, 2026 /PRNewswire/ -- Temu, the global e-commerce platform, has signed a Memorandum of Understanding (MOU) with the Korea Intellectual property Protection Agency (KOIPA) to strengthen IP protection for Korean brands (K-brands) on the platform.
Under the partnership, Temu and KOIPA will operate a dedicated communication channel to facilitate rapid response and enforcement against IP infringement affecting K-brands. Temu will apply its proprietary detection technology and global team of expert reviewers to identify and remove infringing listings, while KOIPA will support these efforts by verifying the authenticity and ownership of IP rights tied to K-brand products.
The agreement comes as more K-brands expand their presence on global e-commerce platforms, increasing the importance of worldwide IP protection. KOIPA, which supports the work of the Ministry of Intellectual Property, will guide Korean companies in using Temu's IP protection tools.
"This agreement marks the starting point for practical cooperation to block K-brand counterfeit goods," said Shin Sang-gon, president of KOIPA. "Through our work with Temu, KOIPA will act against counterfeit Korean-brand goods on online platforms at home and abroad, and support the protection of intellectual property rights across markets."
Temu's enforcement system screens for IP risk at every stage, from seller vetting and pre-listing checks to around-the-clock monitoring after listings go live. The system's proactive monitoring database covers more than 15,000 brands, drawing on over 47 million images and 9.5 million keywords. The average IP compliant resolution time is less than 24 hours.
"Protecting intellectual property is essential to building a marketplace that consumers and brands can trust," said a Temu spokesperson. "Partnering with KOIPA reflects our ongoing commitment to IP protection and to working with rights holders and regulators to keep counterfeits off the platform." These partnerships build on existing Temu initiatives. The Brand Guardian Initiative, launched in April 2024, gives brands protection tools, integration into the platform's enforcement systems, and one-on-one support, even if they don't sell on Temu. Temu also offers a comprehensive suite of IP compliance courses through the Seller Education Center.
Temu has implemented a proactive global consumer awareness feature across all operating markets. When users input counterfeit-related terms, such as "fake," "counterfeit," or "dupe," these searches return no results, and educational messages are displayed to discourage the purchase of counterfeit goods. As of May 2026, this feature has blocked counterfeit-related keyword searches over 200 million times globally, providing real-time guidance to consumers at the point of search.
Temu launched its Local Seller Program in Korea in May 2025, giving local businesses a way to sell and ship to millions of domestic customers, while offering Korean shoppers a wider range of products. As K-brands grow their presence on the platform, the partnership with KOIPA is intended to help strengthen IP protection as they expand into new markets.
Temu is also a member of the International AntiCounterfeiting Coalition, International Trademark Association and MARQUES IP Association.
About Temu
Temu is a global e-commerce platform connecting consumers with millions of manufacturers, brands, and business partners. Operating in more than 90 markets worldwide, Temu is committed to providing affordable, high-quality products that enable customers to live better lives.
About KOIPA
The Korea Intellectual Property Protection Agency (KOIPA) is a public institution dedicated to protecting the intellectual property rights of Korean enterprises domestically and internationally. Through proactive anti-counterfeiting measures and comprehensive IP support, KOIPA aims to foster a fair and sound business ecosystem for Korean brands worldwide.
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Temu Signs MOU With Korean Intellectual Property Protection Agency to Strengthen IP Protection for Korean Brands