For Immediate Release
Raffles Family Office appoints industry veteran Ken Peng as its
first Chief Investment Officer to strengthen investment capabilities
HONG KONG, 31 August 2026 – Raffles Family Office (“RFO”, the “firm”), the leading multi-family office in Asia, has appointed Ken Peng as Chief Investment Officer to strengthen the firm’s investment capabilities at a pivotal stage of growth, with immediate effect.
In this newly created role, Ken will lead the firm’s investment function and help shape its overall investment strategy. He will also provide key stakeholders with insights into macroeconomic trends, investment themes, and the long-term sustainability of portfolios.
Based in Hong Kong, Ken reports to Chi Man Kwan, Group Chief Executive Officer.
Chi Man said: “We are glad to welcome Ken to RFO. The investment needs of families have grown more complex and demanding. Establishing the Chief Investment Officer role is a deliberate step in meeting client needs and deepening our institutional strength. Ken’s appointment reinforces our commitment to Asia and helps forge lasting, sustainable relationships with our clients.”
Ken said: “I am delighted to join RFO at this inflection point in the firm’s growth journey. Managing family wealth calls for a different lens. I am excited to be part of a team that is deeply committed to delivering exceptional value to clients in this dynamic market.”
Ken brings over 20 years in the private wealth industry across Greater China and the United States, where he has led investment teams and shaped asset allocation strategy at global financial institutions. Prior to joining RFO, he held senior positions at global financial institutions, most recently serving as Head of Asia Pacific Investment Strategy and Managing Director at Citi Private Bank.
Ken Peng
Chief Investment Officer, Raffles Family Office
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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 Bangkok, Beijing, Shanghai, and Taipei. For additional information, visit https://www.rafflesgroup.co.
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