KGI Securities Hong Kong has announced the appointment of James Wey as the company’s new head of international wealth management for Hong Kong and Singapore.
The move aims to bolster KGI’s wealth management capabilities for high net worth clients in Asia, according to the firm in a statement.
KGI’s international wealth management business is set to forge “strategic partnerships and collaboration opportunities”, to expand the company’s reach and “capitalise on synergies across its diverse business lines, ultimately fostering the growth of its international wealth management business,” the statement added.
In addition to wealth management, KGI businesses include brokerage, fixed income, and asset management. Backed by parent companies, KGI Securities and China Development Financial in Taiwan, the firm covers Taiwan, Hong Kong, Singapore, Indonesia, and Thailand.
“[Wey’s] extensive knowledge in serving high net worth clients and driving international growth, particularly in Asia, will be instrumental in expanding our Asia footprint and delivering exceptional wealth management services to our clients in the region,” said Reddy Wong, chief executive officer, KGI Securities Hong Kong
Before joining KGI, Wey spent 15 years at JP Morgan Wealth Management, where he rose from a client coverage advisor to a Market Manager and eventually to a Regional Head, overseeing the firm’s operations in Singapore and Southeast Asia. Prior to this, he was a management consultant at McKinsey & Company.