Singapore-headquartered Lighthouse Canton has appointed Stella Lau as managing director, wealth advisory where she will be strengthening the company’s client base and leading the growth strategy for North Asia.
A market veteran, Lau has over two decades of private banking and leadership experience. She was previously Greater China market group head at Deutsche Bank and has held similar roles, managing and expanding North Asia market teams at JP Morgan, UBS, and Credit Suisse.
Lau’s team will provide co wealth solutions to ultra-high-net-worth clients, families, and institutions.
In addition, Charlene Lin has been promoted to managing director, strategic growth – North Asia and Southeast Asia (SEA). A founding member of Lighthouse Canton, Lin has been pivotal in establishing the company’s presence across Asia since its inception in 2014, a statement said.
Shilpi Chowdhary, Lighthouse Canton’s group CEO, said in a statement: “Under the leadership of Stella and Charlene, I’m confident that we have a formidable team, deeply committed to delivering excellence and innovation. Their extensive experience and expertise are invaluable assets to our company, and I’m certain their teams will be instrumental in advancing our growth strategy.”
Rapid growth
In H1 2024, Lighthouse Canton reported a 89% increase in revenue compared to the same period last year to assets under management (AUM) of $3.7 billion.
The firm’s AUM is expected to cross $4 billion by the end of 2024 with growth in markets including Singapore, the Middle East, and India. Additionally, it has seen a 23% increase in hires since the start of the year and is continuing to make strategic appointments across business lines.
Lighthouse Canton employs more than 160 professionals across its offices in Singapore (based in Collyer Quay – pictured), Dubai, India, and London.
The firm offers wealth and asset management services to ultra-high-net-worth individuals, families, family offices, private accredited investors, and institutional investors.
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