HWGIB

18-05-2022

HWGIB appoints FinTech Pioneer Dato’ Aaron Lim as new Executive Chairman

HWGIB will expand into financial technology, blockchain and digital technology
HWGIB aims to promote new growth by elevating the human experience with connected ideas, technology, innovation and perspectives

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KUALA LUMPUR, 17^thMAY 2022 – HWG Investment Bank (Labuan) PLC (“HWGIB”), a ground-breaking financial technology (“fintech”) investment bank, has recently appointed a visionary leader and fintech pioneer, Dato’ Aaron Lim, as the HWGIB’s Executive Chairman to drive the company in its new phase of transformation in the digital era, focusing on fintech and blockchain-related technologies.

Retiring Chairman Dato’ Sri Megat D. Shahriman bin Dato’ Zaharudin said, “I am honoured to have led HWGIB over the last 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. HWGIB has grown over the years, and I am pleased to be able to pass a formidable group to my future successor.”

Newly appointed Executive Chairman, Dato’ Aaron 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 Dato’ Sri Megat for the extraordinary job that he has done to ensure the 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.”

He added that under Dato’ Sri Megat, HWGIB’s business had made remarkable progress, which puts the HWGIB in an advantageous position to grow.

In a statement, HWGIB said that one of the key areas of focus in the near term for HWGIB is to expand its business in relation to fintech, blockchain, and digital technology. It added that the Group is eyeing to promote new growth by elevating the human experience with connected ideas, technology, innovation and perspectives, and the digital investment banking and digital technology opportunities provided a huge growth potential for HWGIB.

The push for the adoption of blockchain technology by HWGIB offers a disruptive investment tool that liberalises investment opportunities for all investors globally. The initiatives undertaken by HWGIB to accelerate the push for the evolving technology of decentralized investment.

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.

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