HONG KONG SAR – Media OutReach – September 26, 2023 – WRISE Group today announced the appointments of Helen Lam as Group Chief Operating Officer (“COO”) and Gaven Koh as Chief Risk Officer of WRISE Group Compliance. Both positions are effective immediately.
These appointments come at a pivotal time for the Group, aligning with its regional expansion strategy, while reinforcing WRISE’s commitment to building core fundamentals such as governance, risk management and compliance.
Both roles will improve the Group’s operational efficiency and its ability to meet regulatory compliance standards, thereby strengthening the organization’s efficient and effective day-to-day operations amid continued growth in Asia.
The control and governance of the WRISE Group, as well as the implementation of robust risk management measures, are crucial to WRISE’s growth plans and strategy as we continue to serve our customers and expand into markets. . Ms. Lam will provide oversight of the group’s governance and operations, and Mr. Koh will manage all compliance-related requirements from internal and external stakeholders, such as risk assessments, frameworks, policies and guidelines. Both report to Derrick Tan, Chairman of WRISE Group.
“Helen and Gaven have extensive experience and deep industry knowledge that will drive WRISE’s growth momentum. I am confident that they will play a vital role in strengthening WRISE’s capabilities and improving the services we provide to clients globally. The appointment of these key roles within WRISE also reflect our commitment to investing in strong core principles and fundamentals to grow our business,” said Derrick Tan, Chairman of WRISE Group.
“I am excited to join the WRISE team and look forward to working with the WRISE leadership team to contribute to the company’s continued success.” With the growing wealth management market in Asia, there is no better time to help the ultra-high net worth. individuals and family offices navigate market complexities through WRISE’s unique platform and offerings,” said Ms. Lam.
“I look forward to working closely with Derrick, Helen and the WRISE team to cultivate a strong culture of compliance and risk resilience.” This is not only a corporate responsibility, but also an opportunity to strengthen our foundations and strengthen the growth journey of WRISE Group. » said Mr Koh.
Ms. Lam brings over 20 years of experience as a wealth management industry veteran, having held senior leadership responsibilities at major financial institutions in Hong Kong. Prior to joining WRISE, Ms. Lam led the strategic business operations of the Bank of Singapore Hong Kong branch, responsible for the overall control and governance of the company, including the management of audit reviews and matters front office compliance. She has also held senior management positions and led transformation efforts in compliance, controls and risk management for financial institutions including Citi Private Bank Asia Pacific and Deutsche Bank AG Hong Kong.
Mr Koh has over 12 years of experience in the private banking industry, with a proven track record in risk control, compliance, transaction monitoring and investigations. Prior to joining WRISE, he led a team at Credit Suisse AG of 30 compliance analysts in the Asia Pacific region. Mr Koh has held senior positions in various financial institutions in Singapore, leading teams responsible for customer review and monitoring and anti-money laundering functions. Before joining the financial sector, Mr Koh was previously an investigator in the Commercial Affairs Department of the Singapore Police Force.
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