Family Office Association Hong Kong’s Angel Chia to Step Down and Assume New Role at The Hong Kong Academy for Wealth Legacy
January 23, 2024
Vice Chair Jessica Cutrera to subsume Chair at the Association
Angel Chia to continue to champion the vibrant ecosystem for family offices in Hong Kong in her new role
23 January 2024 – Hong Kong – The Board of Family Office Association Hong Kong (“FOAHK”, the “Association”) today announces that, effective 1 March 2024, Ms. Angel Chia will be relinquishing her role as Chair of the Association. Ms. Chia will take on the position of Executive Director of The Hong Kong Academy for Wealth Legacy (“HKAWL”), as she continues to champion a vibrant ecosystem for family offices in Hong Kong. Ms. Jessica Cutrera, the current Vice Chair of the Association, will succeed Ms. Chia as Chair.
Ms. Chia said, “I would like to express my heartfelt gratitude to the FOAHK Board, our members, sponsors, advisors, partners, and my team, for the tremendous support and collaboration during my tenure as Chair. I am confident that under the capable leadership of Ms. Jessica Cutrera, our current Vice Chair, FOAHK will continue to flourish. I look forward to leveraging my expertise in my new capacity to contribute to the growth and success of the family office sector in Hong Kong and beyond.”
Since its establishment in November 2020, FOAHK has been instrumental in fostering a robust community within the family office industry in Hong Kong. The Association has garnered over sixty corporate members and has established itself as a pivotal connector among family office professionals, and various stakeholders, including legal, tax, trust, and investment experts, as well as educational and research institutions, professional certification bodies, and philanthropic organizations in Hong Kong. The FOAHK summer internship program is highly regarded as a premier platform for developing the next generation of family office professionals in Asia.
Ms. Cutrera remarked, “We extend our heartfelt thanks to Ms. Chia for her outstanding leadership and contributions. We congratulate her on her new appointment and look forward to collaborating with HKAWL. This partnership will be instrumental in reinforcing Hong Kong’s status as a premier hub for family offices and in supporting upcoming government initiatives designed to enhance the city’s industry position as we embark on this new chapter.”
Family Office Association Hong Kong (“FOAHK”) is an independent family office trade association established in November 2020. We are a consultative industry body established to lead and drive dialogue between the family office industry, the government and regulatory bodies in Hong Kong. We advocate for legislative and regulatory matters favourable to the development of family office businesses in Hong Kong, with the common goal for the city to become the region’s leading family office hub in Asia-Pacific. We are committed to providing best practice guidance to uphold the profession’s highest industry standards and compliance, as well as facilitate community collaboration among members, governments and other professional parties in Hong Kong and overseas.
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