Raffles Family Office names group chief operating officer. Source: Shutterstock

With effect from 2 July 2024, Terence Chow has been appointed as the group chief operating officer (COO) of Raffles Family Office, Asia’s multi-family office. In addition, he will be on the company’s board of management.

Chow will be in charge of the company’s procurement, corporate real estate, risk management, and business transformation initiatives.

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He will also oversee the company’s technological and operational skills, fostering innovation to provide the greatest possible customer experience. Chow, who is based in Hong Kong, will report to Chi-man Kwan, the company’s group CEO and co-founder.

Moreover, Chow brings a wealth of expertise and insight from over two decades in the financial services sector to his current position.

He was formerly employed at the Royal Bank of Canada (RBC) in a number of senior roles. Most recently, he served as CEO of Wealth Management-Asia, where he increased revenue and assets under management (AUM) while also improving its operational effectiveness.

Chow graduated with a Master of Business Administration from Western University of Canada’s Ivey School of Business.

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Kwan stated: “Terence’s wealth of experience and expertise is an invaluable asset in building a robust and thriving wealth management business. His proven track record in driving business transformation and operational excellence will be essential as we continue to expand and enhance our services for our clients.”

Chow added: “The family office sector in Asia is experiencing remarkable growth, and I’m thrilled to be part of this transformation with Raffles Family Office. I am eager to leverage my experience in this dynamic, innovative, and entrepreneurial environment to drive the firm’s enduring success and deliver exceptional value to our clients.”