HWG Investment Bank (Labuan) PLC, a ground-breaking financial technology (fintech) investment bank, has recently appointed visionary leader and fintech pioneer, Datuk Aaron Lim Ooi Hong, as its executive chairman to drive the company in its new phase of transformation in the digital era by focusing on fintech and blockchain-related technologies.
According to HWGIB, one of its key areas of focus in the near term is to expand its business in relation to fintech, blockchain, and digital technology.
In this regard, the group is eyeing to promote new growth by elevating the human experience with connected ideas, technology, innovation and perspectives as well as digital investment banking and digital technology opportunities which provided a huge growth potential.
“The push for the adoption of blockchain technology by HWGIB offers a disruptive investment tool that liberalises investment opportunities for all investors globally,” the investment bank pointed out in a media statement.
“The initiatives undertaken by HWGIB is to accelerate the push for the evolving technology of decentralised investment.”
As such, the expansion of HWGIB will be spearheaded by a strong team that has exposure in both the conventional financial sector and fintech.
There will also be a lot of emphasis on collaboration and community building through partnership with various fintech start-ups as well as engaging with traditional financial institutions to adopt and embrace digitalisation.
Retiring HWGIB chairman Datuk Seri Megat D. Shahriman Zaharudin said he is honoured to have led the investment bank over the past two years.
“It has been a rewarding experience, particularly my journey working alongside my colleagues who have trusted the vision and direction of the group,” he noted. “HWGIB has grown over the years, and I am pleased to be able to pass a formidable group to my future successor.”
Commenting on his appointment, Lim said: “It has been an enormous privilege to be given the opportunity to lead HWGIB in its new phase of transformation and growth.
“I wanted to thank Megat Shahriman for the extraordinary job that he has done to ensure that HWGIB is in a strong position to tap into the next phase of growth in the digital investment business. It’s an honour to take the baton from him, and I am excited to lead the HWGIB to chart a new phase of growth and innovation.”
HWGIB is licensed and operates under the watchful eye the Labuan Financial Services Authority (LFSA) which ensures that all investments by its clients are always protected by a governing entity. – May 17, 2022
