Raffles Family Office Strengthens Board Insight and Client Advisory Capabilities with Appointments of Terence Seow as Board Advisor and Shaun Lim as Managing Director, Relationship Management

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Hong Kong, 9 May 2025 – Raffles Family Office (“RFO”, the “firm”), Asia’s leading multi-family office (“MFO”), is pleased to announce two key appointments in its Singapore office:

  • Terence Seow joins as Managing Director, Board Advisor, supporting strategic guidance with decades of regional financial services experience
  • Shaun Lim joins as Managing Director, Relationship Management, bringing extensive expertise in advising ultra-high-net-worth (UHNW) clients

These appointments underscore RFO’s commitment to expanding its strategic insight and deepening client advisory capabilities across Southeast Asia.

Chi Man Kwan, Group Chief Executive Officer, remarked, “We are delighted to welcome Terence Seow and Shaun Lim to the RFO family. Our people are the cornerstone of our competitiveness and the defining force behind who we are. Their experience will further strengthen our ability to serve the evolving needs of UHNW families in Asia.”

Terence Seow brings over 40 years of experience in the banking and financial services industry and has held senior positions at Citibank, DBS, Bank of Singapore and other major financial institutions. He has extensive expertise on market trends, global investments and risk analysis in wealth management, client advisory and investment solutions and has wide client contacts and connections across Asia and beyond.

Terence commented, “I’m delighted to join RFO at such a dynamic stage of its growth. I look forward to contributing to the firm’s strategic dialogue and supporting its mission to deliver truly independent, high-impact solutions for families navigating complex wealth and succession needs across Asia.”

Shaun Lim joins RFO with over 25 years of experience advising UHNW individuals and their families across global financial centres. He most recently served as Market Head of the North Asia Team at Royal Bank of Canada Wealth Management, and previously held senior roles at Morgan Stanley, J.P. Morgan, and Credit Suisse.

Shaun said, “I’m grateful for the relationships and experiences I’ve built over the years across the region. Joining RFO is a natural next step that allows me to serve families with a broader lens — helping them navigate wealth, purpose, and legacy with the agility and bespoke focus that a multi-family office uniquely offers.”

Shaun will be based in Singapore, reporting directly to Kendrick Lee, CEO of Singapore.

Kendrick added, “Shaun’s depth of experience and client-first mindset align perfectly with our mission to deliver independent, high-touch advisory services to Asia’s most discerning families. Together with Terence’s strategic counsel, they will also contribute to shaping and expanding our relationship management capabilities as we continue our growth journey in the region.”

 

About Raffles Family Office

Raffles Family Office (RFO) is Asia’s leading commercial multi-family office, dedicated to providing a comprehensive suite of wealth management services tailored for ultra-high net worth individuals and families. Leveraging an integrated platform that pairs independence with expert advisory across a wide spectrum of asset classes, RFO is uniquely positioned to offer bespoke, sustainable, and robust solutions for wealth growth and preservation. Further strengthening our offering is an extensive global partnership network, engineered for seamless collaboration with top-tier financial institutions worldwide. With dual headquarters in Hong Kong and Singapore, RFO’s prominent presence spans across Asia’s gateway cities, including Shanghai, Taipei and Bangkok. For additional information, visit http://www.rafflesgroup.co.

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