Investments

Saxo Markets appoints Ken Shih as Head of Wealth Management, Greater China, to propel its digital wealth management service in the region

Saxo Capital Markets HK Limited (“Saxo Markets”), the online trading and investment specialist, has announced the appointment of Ken Shih as Head of Wealth Management, Greater China, strengthening its push into digital wealth management in the region.

Reporting to Manish Prasad, Head of Asset Management, APAC, Shih will oversee all aspects of Saxo Markets’ wealth management strategies and offerings in the Greater China region, and work on building out Saxo’s digital wealth management business in the region. Based in Hong Kong, Shih will also report to Richard Douglas, CEO of Hong Kong.

Shih, an 18-year industry veteran in the financial industry,  previously held senior sales and strategy positions at HSBC, UBS, JPMorgan Chase and other top financial institutions in both the U.S. and Hong Kong. In the past three years, Shih was Head of Sales and Marketing at Hong Kong-based fintech startup AQUMON, where he grew the client base substantially and lifted the brand significantly in the digital wealth management space.

 

Richard Douglas, CEO of Hong Kong, Saxo Markets, comments, “We’re delighted to have Shih onboard. He definitely brings the expertise and exceptional energy we’re looking for. With his joining and the Type 4 and Type 9 licenses we obtained last October, Saxo’s well-positioned and fully committed to the wealth management business which is an important piece in Saxo’s overall ambition. We aim to provide more comprehensive services to support clients achieving their financial aspirations through our multi-asset trading and investment offerings.”

 

Manish Prasad, Head of Asset Management, APAC, Saxo Markets, comments, “Saxo has strong ambitions to rapidly expand our business in Asia with Greater China playing a focal point in these plans. Saxo as a Fintech pioneer, along with its award-winning platforms, can provide an alternative to traditional asset and wealth management for investors. The ideal digital wealth experience we’re looking to provide will delight investors with an attractive combination of great customer experience through simplicity, personalised investment solutions, engaging content and reasonable fees. Shih will play a key role as we continue to grow regionally and constantly improve the overall experiences for our clients along their investment journey.”

 

Commenting on his appointment, Shih says, “I’m excited to take on this role and help Saxo accelerate its Wealth Management expansion in Greater China. Saxo is an excellent company with 30 years of experience pioneering in the Fintech space. With a strong technology stack, talented individuals firm-wide, a broad range of access to global markets and products, and a deep understanding of clients, I have no doubt we can deliver a top notch digital wealth management service and experience for the investors. I’m a strong believer that anything worth doing in life is not going to be easy, so I embrace this challenge head on. Looking forward to bringing immediate value to the team and helping our clients achieve their wealth goals.”