Hong Kong: Lombard International, a global leader in wealth planning solutions for high net worth individuals and institutions, has today announced the appointment of Shaun Chang to the new role of Sales Director and Deputy CEO, Asia. This follows the successful launch of Lombard International’s brokerage businesses in Hong Kong and Singapore over 18 months ago.
In this role, Shaun will be responsible for planning and implementing business development activities across both existing and new markets in Asia. He will work in close partnership with Tammy Lu Tsui, CEO of Lombard International Asia, providing strong leadership across the Hong Kong and Singapore offices.
Shaun joined from Charles Monat Associates where he was an executive director leading a team of sales consultants covering the Greater China market. He has over 20 years of banking and insurance sales experience, having worked for Standard Chartered Bank, Citibank, Credit Suisse and Willis Towers Watson. Shaun is recognised by the Institute of Banking & Finance, Singapore as a Financial Industry Certified Professional (FICP).
Tammy Lu Tsui, CEO of Lombard International Asia, commented: “I’m delighted we have promoted Shaun to this new and important role. As we continue to develop our footprint in the region, Shaun’s market experience, background and expertise are great assets to our leadership team as we execute the next phase of our growth strategy. Asia is a fast growing market as acknowledged in the latest Wealth-X World Ultra Wealth Report published in September where it noted that Hong Kong has now overtaken New York to become the world’s largest UHNW city”
Shaun Chang said “I am excited to be taking on this broader role at such an interesting time. The market landscape is changing rapidly. Leveraging the expertise from our teams in the US and Europe, I am looking forward to helping to grow the business across Hong Kong, Singapore and the wider region. Over the last 25 years Lombard International has developed an unrivalled reputation for developing innovative wealth planning solutions. With this strong competitive advantage, we are well placed to serve our partners and clients.”
About Lombard International
Lombard International is a leading life insurance-based wealth solutions provider with over 25 years’ experience. We have the strength and expertise to provide wealth structuring solutions using unit-linked life insurance to ultra-high net worth individuals, their families and institutions around the globe.
The global group, Lombard International, launched to market in September 2015. With head offices in Luxembourg and Philadelphia, and serving over 20 markets across the United States, Europe, Asia and Latin America, we are able to provide multi-jurisdictional wealth planning solutions on a global basis with a deep understanding of local cultures and attitudes.
Global assets under administration are in excess of €41.2bn as of 31 December 2017. Our global team of approximately 600 includes more than 60 technical experts specializing in multiple jurisdictions.
Funds managed by Blackstone own Lombard International. Blackstone Group L.P. is one of the world’s leading investment firms with $434 billion in assets under management as at 31 December 2017.
For further information about Lombard International visit our website.
Hong Kong: Vesinie Chan | Marketing & Communications | firstname.lastname@example.org |
+852 9216 6992