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1、1Creating ashared future forgenerationsCultivating responsible stewards with family governance2Long-term implications of global disruptions such as the Covid-19 pandemic and geopolitical tensions continue to evolve and impact policymakers,businesses and families around the world.In times of ambivale
2、nce,many families and their businesses are prioritizing family governance to effectively manage these uncertainties for a shared future,and capture opportunities in a timely fashion amidst a rapidly changing macro-economic environment.The continuous growth of global wealth,diversity in country of re
3、sidence among family members and intergenerational wealth transfers mean that an increasing number of wealthy families will be grappling with the issue of family legacy and unity.These families may need appropriate governance frameworks and tools,such as governing bodies and family offices,correspon
4、ding to their size and stage of development in order to preserve family identity and legacy across generations.Every enterprising family is unique with a different trajectory of their past narratives,present circumstances and future aspira-tions.Therefore,it is paramount to establish a customized go
5、v-ernance system that not only fits families needs and purposes,but also embraces changes and allows resilience for unpredict-able futures.In this paper,we explore how enterprising families in the Asia Pacific region consider their particular cir-cumstances when developing family governance systems,
6、the unprecedented challenges they encounter in recent global dis-ruptions,how they navigate through ever-evolving policies,and the strategies they take for longevity.ForewordWilliam Chou,Deloitte Private Asia Pacific Leader Andrew Lo,UBS Head of Family Advisory&Family OfficeSolutions Greater China3F