Key Takeaways
- • Raffles Family Office has added Bruno Morel, a veteran private banker, and Zann Kwan, a cryptocurrency pioneer, to its independent advisory board (IAB), according to a company statement.
- • Morel previously served as Singapore chief executive of VP Bank and headed private banking in Singapore at CIC.
- • Kwan co-founded Bitcoin Exchange Pte and retail-focused crypto investing firm Deodi Pte, and previously worked as a vice president at Singapore sovereign wealth fund GIC.
- • The appointments follow March IAB additions in Hong Kong of former Franklin Templeton CEO David Chang and Christina Lau, extending the board's expert bench.
- • Managing partner and co-founder Kendrick Lee positions the expansion as reinforcing Raffles Family Office's claim to be Asia's foremost multi-family office.
Summary
Morel is an experienced private banker. He previously served as Singapore chief executive of VP Bank and as head of Singapore private banking at CIC.
Kwan co-founded Bitcoin Exchange Pte and Deodi Pte, a retail-focused crypto investing firm. She sits on the board of ACCESS, the Singapore blockchain and crypto industry association, and is a fellow of the Singapore University of Social Sciences, where she advises on FinTech education and research. Earlier in her career she was a vice president at GIC, Singapore's sovereign wealth fund, following experience in financial auditing and real estate.
Raffles Family Office said the IAB was launched so that client teams can enrich their services through impartial views from industry-leading subject matter experts. The latest appointments follow the March addition in Hong Kong of former Franklin Templeton CEO and Greater China head David Chang, and Christina Lau, a board advisor to Infinitus Property, a subsidiary of LeeKumKee Health Product Group.
Managing partner and co-founder Kendrick Lee said the additions illustrate the firm's continued commitment to its industry-leading expertise, which he said plays a key role in maintaining its position as Asia's foremost multi-family office.
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