Women of Rodgers Reidy - Aiko Wang

1. What inspired you to become a liquidator, and how did you first get started in this field?

I joined the insolvency industry in 2013 to pursue my interest in forensic accounting where I have thrived in the insolvency and forensic field. I have always enjoyed the challenge of finding solutions to complex financial problems, providing assistance to those in need and navigating a way through what seemed insurmountable financial obstacles. I started my career as a graduate accountant in a sole practitioner insolvency firm, and subsequently, joined Rodgers Reidy in 2016 where I gained exposure to various types of complex appointments. This experience further sparked my interest in developing my career in the insolvency industry. As a result, I pursued higher education and additional training, and eventually became a CA Forensic Accounting Specialist, Registered Liquidator and Trustee in Bankruptcy.

2. How do you manage the challenges of working in a male-dominated profession, and have you faced any particular obstacles or discrimination as a woman in this field?

Working in a heavily male-dominated industry can be quite challenging, however, I am very lucky to be a part of Rodgers Reidy surrounded by colleagues who have not only been extremely supportive and respectful of my abilities but also encouraged me to reach for my full potential. At this point, perhaps the greatest challenge for me has been winning work in such a heavily male-dominated industry. Women do not deserve special treatment in the workplace, but we deserve equal treatment. Referrals of work shouldn't primarily be about whom you know, it should be based on how well you can do the job. I'm looking forward to being a role model for positive change in our industry.

3. In your experience, what are some of the biggest misconceptions about insolvency, and how do you work to educate clients and the public about the process?

One of the biggest misconceptions about insolvency in the general public is that it is a failure or something to be ashamed of. In reality, insolvency is a legitimate process prescribed under the law, and it is a necessary process that can help individuals and businesses recover from financial difficulties. As insolvency practitioners, our role is to educate clients and the public about the benefits of a legitimate insolvency process, including the potential for a fresh start and the ability to resolve debts fairly and honestly.

4. What do you think are the most important qualities for success in this profession, and how do you continue to develop your skills and knowledge over time?

The most important qualities for success in this profession include strong analytical and problem-solving skills, awareness of commerciality, excellent communication and interpersonal skills, and a commitment to professional development and continuous learning. As insolvency law is constantly evolving, it is essential to stay up-to-date with changes to legislation, case law and best practice. This can be achieved through ongoing training, attending conferences and seminars, as well as networking with other professionals in the field.

5. Looking to the future, what do you see as the biggest opportunities and challenges for women in the insolvency industry, and how do you hope to contribute to positive change in this regard?

The insolvency industry has traditionally been male-dominated, but I believe that there are many opportunities for women to excel in this field, in particular, to improve the balance between empathy and the proper and necessary enforcement of the law. Less than 10% of Registered Liquidators are female, and even fewer are both a Registered Liquidator and a Trustee in Bankruptcy, so I am very proud to be of that small number, leading the way for females in our industry. I'm even prouder to say that Rodgers Reidy is also leading the way with 33% of our Registered Liquidators being female. I hope to contribute to positive change by establishing myself as a leader in our industry and a role model for other women breaking into heavily male-dominated industries, I am optimistic that with time and effort of myself and my colleagues at Rodgers Reidy can continue to make progress towards greater diversity and inclusivity.

6. What does Embracing Equity mean to you?

Embracing equity means recognizing and valuing individual differences and ensuring everyone has equal opportunities to succeed. This includes promoting diversity and inclusion in the workplace, challenging biases, and stereotypes, and creating a culture of mutual respect and support.

7. What is one piece of advice you would give to your younger self or to the younger women in the industry?

My advice to younger women in the industry would be to believe in yourself and your abilities, leave your limits behind, and never find excuses to constrain your potential. Always strive to learn and grow, and be brave and willing to advocate for yourself and others. Together, we can make a meaningful positive change and build a more inclusive future for all.