The approval of the license for Lombard International Singapore Pte. Ltd further extends Lombard International’s brokerage capabilities in the region as this newest subsidiary complements Lombard International’s Hong Kong brokerage office, which launched earlier this year.
Both subsidiaries will serve local market needs and act as gateways for future expansion opportunities across Asia.
Strategically important region
“This is a very exciting time for Lombard International as we launch our brokerage operations in Singapore,” said Tammy Lu Tsui, chief executive, Lombard International, Asia.
“We’re delighted to bring our unique brand of exceptional service to the high net worth market in Singapore and throughout this strategically important region for the group. This further demonstrates our commitment and ambition to grow our presence in Asia.”
The Lombard International Singapore office is located at Asia Square, in the heart of Singapore’s business and financial district.
Lombard International has regional headquarters in Philadelphia and Luxembourg and is owned by funds managed by Blackstone.
Lombard International’s executive sales director, Jurgen Vanhoenacker, spoke to International Adviser recently about the firm’s strategy and the globalisation of wealth in an increasingly complex world.
To read the full interview, click here to access International Adviser’s online magazine.