Hong Kong continues to ramp up efforts to attract the ultra-rich with the appointment of an executive director for its government-backed family office academy.

The Hong Kong Academy for Wealth Legacy (HKAWL) appoints Angel Chia as executive director, according to a statement, effective March 1. 

Chia has over 20 years of experience in the financial sector, currently serving as the chair of the Family Office Association of Hong Kong. Previously, she also held senior leadership positions at a multi-family office, brokerage firm and asset manager in Hong Kong, Singapore, Taipei and New York.

Hub Ambitions

HKAWL was formed in November last year as part of broader ambitions for Hong Kong to become a hub of choice for family offices. The academy focuses on various related activities including networking, knowledge sharing and talent development. Its board includes industry leaders like UBS global wealth chair Amy Lo

«[Chia’s] extensive experience and expertise in the family office sector, coupled with her passion for empowering the next generation of family principals, will undoubtedly add significant value to the HKAWL in engaging the industry,» said HKAWL chairman Adrian Cheng. «I look forward to working with her to promote Hong Kong's competitiveness as a premier family office hub.»