The global investment institution reaffirms its commitment to North Asian clients, a segment it has focused on since its inception.

Lighthouse Canton has announced a number of appointments within its wealth management business, enhancing its coverage of clients from North Asia and Southeast Asia.

These appointments are part of a broader strategy to deepen the company’s focus on clients from these regions, a segment that has been central to its growth from the very beginning, the firm said in a statement. This follows the recent appointment of three senior executives in its Singapore and London offices, underscoring Lighthouse Canton's expansion and emphasis on key markets.

Stella Lau (pictured) has been appointed as managing director, wealth advisory where she will be strengthening the company's client base and leading the growth strategy for North Asia. Lau has more than two decades of private banking and leadership experience. She was previously greater China market group head at Deutsche Bank and has served in similar roles, managing and expanding North Asia market teams at JP Morgan, UBS AG, and Credit Suisse AG.

"North Asia's dynamic and rapidly expanding wealth market offers exceptional growth opportunities," Lau said.

Several experienced bankers who have previously worked with Lau have also joined her team, the firm added. Under Lau's leadership, they will provide wealth solutions to ultra-high net worth clients, families, and institutions.

Charlene Lin has been elevated to managing director, strategic gowth – North Asia and Southeast Asia, the firm added. A founding member of Lighthouse Canton, Lin has helped establish the company's presence across Asia since its inception in 2014.

For the first half of 2024, Lighthouse Canton reported an 89 per cent increase in revenue compared with the same period last year. The company's assets under management (AuM) are expected to cross $4 billion by year-end, underscoring its robust performance in key markets that include Singapore, the Middle East, and India. Additionally, it has seen a 23 per cent increase in hires since the start of the year and is rapidly growing its global teams, making strategic appointments across business lines.

Lighthouse Canton, which oversees over $3.7 billion in assets under management and advisory as of 30 June 2024, has offices in Singapore, Dubai, India, and London.