People Moves

Asian Family Office Firm Names Former Singapore Government Luminary To Board

Tom Burroughes Burroughes 31 May 2016

Asian Family Office Firm Names Former Singapore Government Luminary To Board

This publication brings latest news of moves and appointments in Asia-Pacific wealth management.

Fusang, the family offices services firm, has appointed Chan Heng Wing, founding chairman of the Milken Institute Asia Center and now its senior advisor, to its board of directors.

He is also senior advisor in Singapore’s Ministry of Foreign Affairs and non-resident high commissioner to the People’s Republic of Bangladesh.

Before assuming his current roles, he was managing director of international relations at Temasek International in Singapore and chief representative in China for Temasek Holdings prior to that. He retired from Temasek International in October 2011 and is currently independent director of Banyan Tree Holdings, Frasers Centrepoint and the holding companies of Fullerton Bay and Fullerton Hotel.

“Chan Heng Wing brings vast experience from both his diplomatic and governmental roles, along with a deep understanding of investing in Asia. Such an invaluable addition to the Fusang team lends further strength to the vision we have of being a truly transparent, independent, Asian family office, serving families as we would our own,” said Henry Chong, chief executive of Fusang.

Among other roles, Chan has served as consul general to Shanghai (2005-2008), Singapore's ambassador to Thailand (2002-2005), and Singapore's consul general to the Hong Kong and Macau Special Administrative Regions of China (1997-2001) after Hong Kong was returned to China. He was also Prime Minister Goh Chok Tong's press secretary (1990-1997), as well as director of the media division in the Ministry of Information and the Arts (1993-1997).

Chan served as counselor in Singapore's Permanent Mission to the United Nations in New York (1981-1985), and later was director of the policy, planning and analysis directorate responsible for the Soviet Union, China, Eastern Europe and international organisations (1988-1990).

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