Lighthouse Canton has announced leadership appointments within its wealth management business to enhance its coverage of clients from North Asia and Southeast Asia.

Stella Lau has been appointed as managing director, wealth advisory, responsible for strengthening the company's client base and leading the growth strategy for North Asia.

Lau has over two decades of private banking and leadership experience. She was previously Greater China market group head at Deutsche Bank and has held similar roles, managing and expanding North Asia market teams at J.P. Morgan, UBS, and Credit Suisse.

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

Charlene Lin has been promoted to managing director, strategic growth – North Asia and Southeast Asia. A founding member of Lighthouse Canton, Lin has been pivotal in establishing the company's presence across Asia since its inception in 2014.

Under group CEO Shilpi Chowdhary's leadership, Lin has been at the forefront of driving success in North and Southeast Asia, where she has cultivated deep client relationships and significantly expanded the company’s influence.

For the first half of 2024, Lighthouse Canton reported an 89% year-on-year increase in revenue. Assets under management are expected to exceed US$4 billion by year-end, driven by robust performance in key markets such as Singapore, the Middle East, and India.

Additionally, the firm has seen a 23% increase in hires since the start of the year and continues to rapidly grow its global teams, making strategic appointments across business lines.

Lighthouse Canton oversees over US$3.7 billion in assets under management and advisory as of June 30 2024, and employs more than 160 experienced professionals across its offices in Singapore, Dubai, India, and London.