Lion Global Investors (LGI) has announced the appointment of Seck Wai Kwong as its new chairman, effective 1 May 2025.
Seck has four decades of experience in the financial services sector. He retired as the CEO of Eastspring Investment Group in August 2023. Prior to Eastspring, he was CEO, Asia Pacific of State Street Bank and Trust Company from 2011 to 2019, and has also held senior positions in Singapore Exchange, Monetary Authority of Singapore, GIC, Lehman Brothers and DBS Bank.
Seck (pictured) was awarded Singapore’s Public Service Medal in 2017, the Public Service Star in 2023 and was appointed to the Public Service Commission in February 2024.
Seck is currently a board director of OCBC and GIC. He is also a trustee and chairs the investment committee at the Ministry of Home Affairs Uniformed Services INVEST Fund.
Teo Joo Wah, chief executive officer, Lion Global Investors said: “[Seck’s] leadership and wealth of experience will be instrumental in advancing Lion Global Investors’ standing as one of the leading asset management companies in Southeast Asia.”
Seck Wai Kwong said: “I am excited to join Lion Global Investors as it continues its transformation with a strong Singapore home base, focused on capturing the growth opportunities that Asia offers.”
LGI was established in 1986 and is a part of Great Eastern Holdings and a member of the Oversea-Chinese Banking Corporation Limited Group. As of 31 March 2025, its AUM was S$71.8bn ($53.4bn), according to the firm.