Both roles will enhance the Group's operational effectiveness and its ability to meet regulatory compliance standards, it said.

WRISE Group has appointed Helen Lam as group chief operating officer, and Gaven Koh as group head of Risk & Compliance of WRISE Group. Both positions are effective immediately.

The appointments align with the firm’s regional expansion strategy, and its aim to build up its core fundamentals such as governance, risk management, and compliance. Both roles will enhance the Group's operational effectiveness and its ability to meet regulatory compliance standards, it said. 

Lam will oversee the governance and operations of the Group, and Koh will manage all compliance-related requirements of internal and external stakeholders such as risk assessments, frameworks, policies and guidelines. Both report to Derrick Tan, chairman, WRISE Group.

WRISE is an example of the kind of tech-driven firm taking root in Singapore and other parts of Asia. See previous articles here and here.

Lam brings over 20 years of experience as a veteran in the wealth management industry, having assumed leadership responsibilities at prominent financial institutions in Hong Kong. Prior to joining WRISE, Lam spearheaded strategic business operations at the Bank of Singapore Hong Kong branch, responsible for overall control and governance of the business, including managing audit reviews and front-office compliance matters. She also held high-level management positions and drove transformative efforts across compliance, controls and risk management for financial institutions including Citi Private Bank Asia Pacific and Deutsche Bank A G Hong Kong.

Koh has over 12 years of experience in the private banking industry, with a proven track record in risk control, compliance, transactions monitoring and investigations. Prior to joining WRISE, he led a team at Credit Suisse AG of 30 compliance analysts covering Asia Pacific. Koh has held leadership positions at various financial institutions in Singapore, managing teams across client review and monitoring, and anti-money laundering functions. Before joining the financial sector, Koh was formerly an investigation officer with the Commercial Affairs Department under the Singapore Police Force.

"Helen and Gaven possess extensive experience and deep industry knowledge that will boost WRISE’s growth momentum...The appointment of such key roles within WRISE also reflect our commitment to investing in core principles and strong fundamentals to build our business," Derrick Tan, chairman, WRISE Group, said.

The WRISE Group is a global multi-family office that offers a full suite of wealth solutions for ultra-high net worth individuals. It is based in Singapore with branch offices in financial hubs of Hong Kong, and Dubai. WRISE Group of Companies include WRISE Wealth Management (Singapore), WeWrise Services, and Voo Technologies and affiliated companies WRISE Wealth Management (Hong Kong), WRISE Wealth Management (Middle East).