Asia-focused Raffles Family Office ( RFO ) has appointed two seasoned professionals to its relationship management team in Hong Kong – Michael Tung as managing director and Jennie Liang as executive director – both of whom will report to Chi Man Kwan, the company’s group CEO.

Together, Tung and Liang bring decades of experience across wealth management, private banking and the family office sector, further enhancing RFO’s ability to serve ultra-high-net-worth clients across Asia.

Tung brings extensive experience in banking and finance, with expertise in private equity and venture capital across Greater China, Southeast Asia and the US. He began his career with UBS and Morgan Stanley, and later transitioned into the family office sector with Rockpool Capital and Ark Advisors.

Liang, who previously served in key positions at UBS, Credit Suisse, Rockpool Capital and Ark Advisors, adds a strong track record in wealth management across Greater China and beyond.

“The family office sector in this region continues to thrive, and we are thrilled to welcome Tung and Liang at such a pivotal moment,” Kwan adds. “Tung’s leadership, combined with his team’s entrepreneurial drive, aligns seamlessly with RFO’s vision, reinforcing our ability to provide best-in-class, personalized service as we broaden our presence across Asia.”