Key Takeaways
- • Sunwah Kingsway Capital Holdings, the Hong Kong-listed group, has appointed Terence Chow as managing partner and head of Kingsway Family Office, according to Wealth Briefing Asia.
- • Chow previously served as group chief operating officer at Raffles Family Office and, before that, as chief executive of wealth management for Asia at Royal Bank of Canada.
- • Chow reports to Michael Choi, group chief executive officer of Sunwah Kingsway Capital Holdings, and joins the group executive committee.
- • Kingsway focuses on family governance, succession planning and long-term stewardship for ultrahigh net worth families, and intends to develop its multi-family office model under Chow.
- • The appointment coincides with Hong Kong's push to attract family office business through tax concessions and government promotion, where it competes directly with Singapore.
Summary
Sunwah Kingsway Capital Holdings has appointed Terence Chow as managing partner and head of Kingsway Family Office, according to Wealth Briefing Asia. Kingsway is the family office arm of the Hong Kong-listed group, which traces its roots to the Sunwah Group, founded in Hong Kong in 1957 by Choi Kai Yau.
Chow, who is based in Hong Kong, brings senior wealth management experience to the role. He most recently served as group chief operating officer at Raffles Family Office, where he oversaw business transformation, risk management and operations, and supported the firm's relationship managers in Hong Kong. Before Raffles, he was chief executive of wealth management for Asia at Royal Bank of Canada. He reports to Michael Choi, group chief executive officer of Sunwah Kingsway Capital Holdings, and will also join the group's executive committee.
Kingsway concentrates on family governance, succession planning and long-term stewardship for ultrahigh net worth families. The firm said it intends to develop its multi-family office model under Chow's leadership.
The appointment comes as Hong Kong works to build its family office business through tax concessions and government promotion, competing directly with Singapore for the structures of wealthy Asian families.
Chow, who is based in Hong Kong, brings senior wealth management experience to the role. He most recently served as group chief operating officer at Raffles Family Office, where he oversaw business transformation, risk management and operations, and supported the firm's relationship managers in Hong Kong. Before Raffles, he was chief executive of wealth management for Asia at Royal Bank of Canada. He reports to Michael Choi, group chief executive officer of Sunwah Kingsway Capital Holdings, and will also join the group's executive committee.
Kingsway concentrates on family governance, succession planning and long-term stewardship for ultrahigh net worth families. The firm said it intends to develop its multi-family office model under Chow's leadership.
The appointment comes as Hong Kong works to build its family office business through tax concessions and government promotion, competing directly with Singapore for the structures of wealthy Asian families.
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