WRISE Hong Kong Announces Senior Management Appointment & Role Expansion to Reinforce Sustainable Growth & Operational Alignment
HONG KONG SAR - Media OutReach Newswire - 13 May 2025 - WRISE Hong Kong today announced the appointment of Mr. Joe C. Lee as Non-Executive Director of WRISE Prestige Hong Kong, effective immediately. With his distinguished entrepreneurial background and extensive expertise in technology and business innovation, Mr. Lee will bring invaluable strategic insights to further strengthen WRISE Prestige's growing wealth management business for the high-net-worth individuals.
Mr. Lee is a highly accomplished entrepreneur and innovator, recognised for his contributions to the technology and startup ecosystem. He was awarded the InnoStars Award 2018 in acknowledgment of his pioneering work in the industry. As the Co-Founder of Kuaidi Dache (now known as Didi Chuxing), he played a pivotal role in revolutionising China's mobility sector.
In his new role, Mr. Lee will offer independent strategic counsel across core areas such as business growth, innovation strategy, corporate governance, and risk management. He will also contribute to the refinement of clients product-client mix and play an advisory role in key business milestones.
"I am thrilled to join WRISE Prestige Hong Kong at such an exciting time in its growth journey" said Joe Lee, "WRISE has established itself as a forward-thinking leader in wealth management, and I look forward to contributing my experience in technology and business innovation to help shape its future strategy. Together, we will explore new opportunities to enhance client experiences through digital transformation and innovative solutions."
Beyond his success in ride-hailing, Mr. Lee serves as Chairman of Renhe Holdings Limited, Chairman of Klover Insurtech, and plays as advisor to many Venture-Backed Startups, where he has been instrumental in nurturing high-potential ventures. His extensive background spans AI, platform design, venture incubation, and cross-border innovation ecosystems – making him a unique bridge between technology disruption and institutional growth for WRISE Prestige Hong Kong.
Derrick Tan, Executive Chairman, WRISE Group, said " We are honored to welcome Joe Lee to WRISE Prestige Hong Kong. His exceptional entrepreneurial journey and strategic vision align perfectly with our mission to redefine wealth management through innovation. His insights will be invaluable as we continue to expand our offerings and elevate our client experience in Hong Kong and beyond."
Additionally, WRISE Group announced expanded leadership roles for two senior executives, effective immediately. Mr. Stephen Yan, formerly Chairman of WRISE Prestige Hong Kong, has been appointed Executive Vice Chairman of WRISE Group. In his new role, Stephen will work closely with Derrick Tan to shape and execute the Group's strategic vision across its global offices. Dr. Jowin Fung, previously Vice Chairman of WRISE Prestige Hong Kong, will assume the role of Vice Chairman of WRISE Hong Kong. He will oversee the WRISE Private and Prestige business in Hong Kong, driving business development and client engagement in one of the Group's key markets.
These leadership appointments underscore WRISE Group's commitment to strengthening its executive team, enhancing operational alignment, and positioning the firm for long-term sustainable growth.
Hashtag: #WRISEHongKong
The issuer is solely responsible for the content of this announcement.
About WRISE
WRISE is one of Asia's fastest-growing financial firms, driven by strategic acquisitions of companies with deep expertise and solid foundations. With a strong presence across key financial hubs including Singapore, Dubai, Hong Kong, Shanghai, Shenzhen and Tokyo, WRISE is home to one of the largest network of independent qualified advisors.
With over 400 employees located globally, supported by an ecosystem of over 200 financial intermediaries and access to eight booking centres worldwide, WRISE ensures unparalleled service and expertise in navigating today's financial landscape.
WRISE Group of companies include WRISE Wealth Management (Singapore), WRISE Wealth Management (Hong Kong), WRISE Wealth Management Middle East Ltd (DIFC, regulated by the DFSA), WRISE Prestige Securities (Hong Kong), WRISE Prestige Asset Management (Hong Kong), WRISE Financial Services (Hong Kong), WRISE Capital (Hong Kong) and affiliated companies WeWrise Services.
WRISE Group
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Khaleej Times
2 hours ago
- Khaleej Times
Spark Capital expands global reach with new DIFC office
Spark Capital Private Wealth Management (Spark Capital PWM) has launched its operations in the Dubai International Financial Centre (DIFC), the premier financial hub for the Middle East, Africa, and South Asia (MEASA) region, through its subsidiary, Spark Global PWM Private Limited. This move enhances Spark Capital's ability to connect global investors with diverse markets, offering tailored wealth management solutions and reinforcing DIFC's position as an unmatched ecosystem for financial innovation, he company said in a statement. The DIFC's exceptional environment, with its robust regulatory framework and access to a vast network of financial institutions, makes it an ideal base for Spark Capital PWM. The centre hosts 420 wealth and asset management firms, including 75 pure-play hedge funds, 48 of which manage assets exceeding Rs 8,300 crore each. This vibrant ecosystem enables firms to tap into regional opportunities, serving as a gateway to financial institutions and multinational companies across the MEASA region. DIFC's strategic location, bridging Asia, Europe, and the Americas, further amplifies its appeal for wealth managers like Spark Capital PWM, fostering seamless access to global markets. Spark Capital PWM's expansion into DIFC underscores its rapid growth. The firm's assets under management and advisement have surged nearly tenfold, from Rs30 billion in April 2023 to Rs300 billion by May 2025. Its team has grown from 60 to over 400 professionals, including 130+ experienced relationship managers, with a presence across 12 Indian cities. The DIFC office, staffed by seasoned wealth management experts, will leverage Spark Capital's research capabilities and innovative strategies to deliver bespoke solutions, catering to the needs of international clients seeking portfolio diversification and wealth preservation. Arpita Vinay, senior managing director & co-CEO of Spark Capital PWM, said, 'Our DIFC office marks a pivotal step in our global strategy. Dubai's strategic location and DIFC's world-class infrastructure provide the perfect platform to connect investors with diverse opportunities, enhancing our ability to deliver value to clients worldwide.' Neeraj Ojha, senior executive officer of Spark Global PWM Private Limited, added, 'DIFC's exceptional ecosystem, with its top-tier regulatory standards and extensive financial network, empowers us to offer sophisticated wealth solutions backed by Spark Capital's expertise.'


Arabian Business
3 hours ago
- Arabian Business
Dubai Aerospace Enterprise signs $300mn unsecured term loan
The deal was made with Bank of China (Dubai) Branch, Bank of China Limited, London Branch, and Bank of China (Hong Kong) Limited (BOC). The loan will be allocated for general corporate purposes and will assist the company in achieving future financing requirements. 'This transaction with BOC provides us with additional liquidity to support our ongoing commitment to meeting the needs of our airline customers while maintaining a modern and efficient fleet. We are pleased to deepen our relationship with Bank of China and look forward to continuing our collaboration with the entire Bank of China group in the years ahead,' Firoz Tarapore, Chief Executive Officer of Dubai Aerospace Enterprise, said in a statement. 'Bank of China values its growing relationship with DAE and is pleased to support this strategic financing. The successful execution of this transaction reflects the strength of our global network and our ability to deliver tailored solutions that meet the evolving needs of our clients across the aviation sector. In the future, Bank of China will continue to contribute to deepening China-UAE relations and support the development of UAE enterprises,' Pan Xinyuan, General Manager of Bank of China (Dubai) Branch, added.


Zawya
3 hours ago
- Zawya
Stc enhances Hajj pilgrimage with IoT-powered innovations and smart tents
Mecca, Saudi Arabia: As Saudi Arabia's leading digital enabler, stc group has introduced a range of advanced Internet of Things (IoT) technologies and smart tents, enhancing efficiency and delivering a seamless experience to Hajj pilgrims. These efforts align with the Kingdom's Vision 2030 objectives to improve the quality of key pilgrimage seasons. stc group has harnessed new technological solutions to create an integrated system that improves coordination among government agencies during Hajj. This IoT-powered smart system ensures security, safety, and efficient crowd management, featuring an early warning mechanism for rapid alerts in emergencies to protect lives and improve response times. stc group's smart tent is a key component of this system. It integrates with a network of sensors and IoT-enabled cameras, enabling precise monitoring of environmental conditions inside and outside the tents, such as temperature, humidity levels, and safety indicators like smoke detection. Together, these features ensure that pilgrims can complete their rituals safely and securely. This system leverages real-time analytics on the location and traffic of pilgrims to provide accurate indications for any required emergent medical or security services. These digital solutions also integrate with facility management systems, public safety and security frameworks, and smart city infrastructure. This integration enhances the delivery of value-added services to all sectors operating during the Hajj season. Additionally, the system functionality extends to supporting the Saudi Civil Defense forces by facilitating uninterrupted data flow to central control rooms, enabling accurate decisions to direct field teams at a moment's notice. stc group is proud to support the Kingdom's objectives to offer a streamlined Hajj experience for pilgrims from across the world with the provision of advanced technologies. About stc group: stc group is a digital enabler, offering advanced solutions and driving a role in the digitalization process. The group provides a comprehensive suite of services encompassing digital infrastructure, cloud computing, cybersecurity, Internet of Things (IoT), digital payments, digital media, and digital entertainment. The group comprises 13 subsidiaries across the Kingdom of Saudi Arabia, the Middle East, North Africa, and Europe.