New sponsorship showcases the organization's commitment to growing the financial services profession in Asia.
SINGAPORE, April 7, 2025 /PRNewswire/ -- MDRT (Million Dollar Round Table), The Premier Association of Financial Professionals®, is proud to announce its sponsorship of the Asia Insurance Review's 29th Asia Insurance Industry Awards' (AIIA) "Life Insurance Company of the Year" category.
For more than a decade, MDRT has worked with the Asia Insurance Review to support and promote the financial services profession. Its new AIIA sponsorship reinforces MDRT's commitment to the growth of companies and advisors across the region and celebrating their success.
"MDRT offers vital opportunities for top-performing financial professionals to continue to learn and grow," said Carol Kheng, ChFC, 2025 MDRT President. "As part of our commitment to strengthening the profession across Asia and worldwide, we are proud to sponsor the 2025 AIIA, and we will continue to engage our supporting companies and members in meaningful ways to help them achieve greater success."
While MDRT membership requirements have a foundation in life insurance, they have expanded into more comprehensive client protection and financial planning. By embracing diverse distribution channels—agency, brokerage, bancassurance, and open-architecture partnerships—MDRT's relevance and importance have grown across global markets, especially in Asia. MDRT is excited to drive further growth in the region through several endeavors, including its AIIA sponsorship.
For 98 years, MDRT has been a member-driven network of leading insurance and financial services professionals who serve their clients with the highest standards of ethics, knowledge, service and productivity. Today, MDRT has nearly 90,000 members worldwide, and nine Asia-Pacific markets are among the top 10 in total MDRT membership.
MDRT opened a new Asia-Pacific headquarters in Singapore in 2023 to better serve its members and companies in the region. It liaises with MDRT's U.S. headquarters and satellite offices in China and India to improve member resources and benefits and support local and regional leaders with events across Asia.
Among upcoming events is the MDRT Global Conference to be held 24-27 August 2025 in Macau, China. With an emphasis on subject matter specific to the Asia-Pacific region, the MDRT Global Conference brings members together to recognize and celebrate their achievements, utilizing culturally resonant experiences that deepen engagement from member to company.
About MDRT
MDRT (Million Dollar Round Table) The Premier Association of Financial Professionals®, is a global, independent association of the world's leading life insurance and financial services professionals from more than 700 companies in 80 nations and territories. MDRT members demonstrate exceptional professional knowledge, strict ethical conduct and outstanding client service. MDRT membership is recognized internationally as the standard of excellence in the life insurance and financial services business. For more information, please visit www.mdrt.org.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
MDRT Sponsors 29th Asia Insurance Industry Awards
SINGAPORE, April 10, 2025 /PRNewswire/ -- Singapore business advisory firm VIVOS Pte. Ltd. is pleased to announce the successful completion of the sale and investment in The Providore Singapore Pte. Ltd. The iconic lifestyle F&B brand will now embark on an exciting new chapter under the leadership of experienced industry professionals through Vino Vibe Pte. Ltd. and SingFire Capital Pte. Ltd. This transaction marks the strategic exit of founder Robert Collick, who built The Providore into one of Singapore's most beloved lifestyle F&B brands.
The new ownership team — long-time admirers of The Providore — plans to build on its strong foundation and further invest in its continued growth in Singapore and beyond. Their vision is to evolve the brand by introducing new concepts and experiences, while preserving the café, bakery, deli, and retail elements that customers have come to know and love.
Following this transition, Mr. Robert Collick will step back from day-to-day operations to spend more time with his family and pursue broader business interests.
Commenting on the transaction, Mr. Collick said, "The Providore has always been a cherished part of Singapore's F&B scene. With this new investment, I believe Vino Vibe and SingFire Capital will take the brand to greater heights. I look forward to seeing what's next for The Providore."
Ms. Tang Ming, representing SingFire Capital, shared, "I've been a devoted fan of The Providore for years. It's more than just a café – it's a lifestyle experience. We're thrilled to be part of this exciting new chapter and look forward to bringing even more fresh and inspiring offerings to our customers."
The new owners stated that their goal is to stay true to the brand's core values while evolving The Providore into a space that embodies 'Quality Living × Borderless Socializing.' By merging The Providore's artisanal food heritage with BlacBlac's wine culture, the vision is to create a hybrid lifestyle destination that celebrates high-quality ingredients in a relaxed social setting — connecting Asia with global culinary inspiration through food and wine, and empowering sustainable urban living.
Mr. Tang Yun Hai, Director of Vino Vibe, further added:
"We will continue The Providore's uncompromising standards by curating premium organic ingredients and fine wines. By day, the space will operate as a brunch venue; by night, it will transform into a relaxed wine bar. Through this shift in ambiance, we aim to serve a diverse audience — from white-collar afternoon tea seekers to night-time socialites — redefining the 'free boundaries' of city dining and offering a stylish yet unhurried third space for the new generation."
The transaction was arranged and advised by VIVOS Pte Ltd., who acted as the exclusive advisor to Mr. Collick throughout the process.
Commenting on the deal, Mr. Ray Tay, Director at VIVOS, said:
"It's been a privilege to advise on this transaction and help facilitate a seamless handover between such seasoned F&B players. We're confident The Providore is in great hands for its next phase of growth."
About The Providore
Founded in Singapore, The Providore has grown to become a beloved destination for food lovers, offering a unique combination of cafés, bakeries, delis, and premium grocery retail.
More about The Providore: https://theprovidore.com/
About VIVOS Leading Business Consulting Firm
VIVOS is a trusted name in the corporate services, business advisory and immigration industry. With over 1000+ satisfied clients, VIVOS has positioned itself as a top choice for foreign investors, entrepreneurs and businesses looking to establish and scale their presence in Singapore.
Our website https://VIVOS.com.sg/
For media enquiries, please contact: hello@theprovidore.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
VIVOS Advises on Sale of The Providore Singapore to F&B Industry Veterans
