Lighthouse Canton has expanded its long-standing clientele from North and Southeast Asia by appointing strategic professionals to key positions in its wealth management division.
These hires are a part of a larger plan to increase the company’s attention to customers in these areas, a market that has been essential to its expansion from the start.
This is in line with the recent hiring of three senior executives for its offices in Singapore and London, which highlights Lighthouse Canton’s continued growth and deliberate focus on important markets.
Stella Lau has been named managing director, wealth advisory, where she will spearhead the expansion plan for North Asia and expand the company’s portfolio. With over 20 years of experience in private banking and leadership, Lau is a seasoned member of the market.
She managed and grew the North Asia market teams at JP Morgan, UBS AG, and Credit Suisse AG in comparable capacities before taking over as Head of the Greater China Market Group at Deutsche Bank.
Several seasoned bankers who had previously collaborated with Lau have also joined her team. Under Lau’s guidance, they will offer comprehensive wealth solutions to ultra-high-net-worth individuals, families, and organisations.
Charlene Lin has been promoted to managing director, strategic growth – North Asia and Southeast Asia, underlining the company’s commitment to the region and bolstering its leadership team. Being one of the first members of Lighthouse Canton, Lin has played an integral part in the company’s expansion throughout Asia since its creation in 2014.
Lin has been leading the charge to drive success in North and Southeast Asia under the direction of Group CEO Shilpi Chowdhary, cultivating deep client relationships and considerably expanding the company’s reach.
Chowdhary stated: “Under the leadership of Stella and Charlene, I am confident that we have a formidable team, deeply committed to delivering excellence and innovation. Their extensive experience and expertise are invaluable assets to our company, and I am certain their teams will be instrumental in advancing our growth strategy.”
Lighthouse Canton reported an 89% increase in revenue in H1 2024, with an expected AUM of $4bn. The company, which oversees over $3.7bn in assets undermanagement and advisory, employs over 160 professionals in Singapore, Dubai, India, and London. It caters to a diverse clientele.
“Lighthouse Canton expands team in North and Southeast Asia” was originally created and published by Private Banker International, a GlobalData owned brand.
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Publish date : 2024-08-21 22:35:00
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