Lioner has appointed Leonard Chu as the CEO of its Singaporean operations, according to a company announcement.
With nearly 20 years of experience, Chu has worked at Morningstar, AIG and S&P.
At the same time, the company also announced that the Monetary Authority of Singapore has granted a financial adviser licence to its Singaporean entity, Lioner International Consultancy.
The wealth manager announced its expansion to Singapore to service high-net-worth clients in the region in June, shortly after it opened its Hong Kong office half a year ago.
Andrew Chan, partner at the group, will be in charge of sales and co-lead the Singaporean business with Chu.
“This new milestone illustrates the commitment and capability of our team in realising Lioner’s growth vision. It is a testament to the strength and vision of our team and positions us to capitalise on the significant global opportunities ahead of us,” said Chan.
As a licensed financial adviser in Singapore, the company hopes to boost its client base and enhance its service offerings.
In the same announcement, the firm also reported that its revenues have grown by 63% in the first half of this year and it has doubled its headcount in the first half of 2022.
In the future, Lioner hopes to continue to expand its operations to cover the mainland Chinese market as well.
