Posted inPeople Moves

Two Credit Suisse bankers join multi-family office

Global Equator Wealth was established more than 10 years ago and has clients in more than 12 countries.
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Singapore-based multi-family office Golden Equator Wealth has hired two Credit Suisse bankers to expand its market coverage and team of family office advisers.

Rai Rummaan Kharal has joined as managing partner of wealth and capital, where he will focus on establishing and growing client relationships, assessing market opportunities, developing the business strategy for the multi-family office and leading a team of family office advisers.

Besides his role in the multi-family office, he will bring more capital markets deal flow and develop the capital side of the Golden Equator Group, which comprises venture and private capital businesses.

He reports to Shirley Crystal Chua, founder and group CEO of Golden Equator Group.

Rummaan Kharal has more than 25 years of experience in wealth, investment management and international corporate banking. He was most recently executive director and market and team lead at Credit Suisse in Singapore, where he successfully built, managed and expanded a team servicing ultra-high-net-worth family clients in the south Asian region. He previously spent 18 years at Deutsche Bank.

Meanwhile, Haroon Tufail has joined as an executive director and will focus on providing holistic investment and multi-generational wealth planning solutions for ultra-high-net-worth families.

He brings close to 20 years of experience in wealth management and active portfolio management and was most recently director and relationship manager at Credit Suisse in Singapore.

“I am glad to welcome Rai and Haroon, who share our multi-generational mindset in supporting our clients across generations, to our growing team of family office advisers. We have a strong roadmap to expand our multi-family office business and will continue to add more capabilities in client-facing and investment roles as well as other value-added wealth services,” said Chua.

Global Equator Wealth was established more than 10 years ago and has clients in more than 12 countries.

Part of the Mark Allen Group.