WealthTech firm WeInvest sets up local Thai operations, announces senior appointment

July 02, 2019 - 02:26
WealthTech firm WeInvest sets up local Thai operations, announces senior appointment

New Senior Project Manager with close to 20 years experience will head WeInvest’s Thai operations

 

BANGKOK, THAILAND Media OutReach - 2 July 2019 - WeInvest,a Singapore-based WealthTech firm, announced today its physical presence inThailand, appointing Yenruedee Chanwirawong as its Senior Project Manager.Based in Thailand, Yenruedee will lead WeInvest's local strategic operations,as the digital wealth solutions provider expands regionally.


With her expertise across Financial services andproject management, Yenruedee brings 17 years of experience working withfinancial institutions in Thailand such as KBANK, BAY, TBANK, GSB and TMB. Inher previous roles, she gained certifications in project management, includingCertified ScrumMaster and Agile Coach (ICP-ACC).


Bhaskar Prabhakara, CEO and Founder of WeInvestsaid, "Yenruedee brings her expertise in project management, which will becritical in this stage of WeInvest's growth in Thailand. We are excited to haveher on-board to better serve our growing number of partners."


Elaboratingon the strategic move into the Thai market, Prabhakara adds, "With a GDP worthof USD 602 billion, Thailand is the second largest economy in Southeast Asia. Alongwith an increasingly wealthy population, it is important to provide avenueswhere people can strategically house their wealth. We see a great opportunityto solidify and expand our services to the growing Thai market."


WeInvest has developed and is currently workingwith two of the top three banks in Thailand. These solutions include:


  • AdviseWealth: aRelationship Manager (RM) assisted advisory workbench with straight throughtransaction processing
  • GrowWealth: a Plugand Play Robo-Advisory Platform for end customers
  • Strategy Marketplace: a Platform providingalgorithmically generally highly customised investment solutions as well assourcing/curating thematic trading baskets from global players.


WeInvest's Thai team comprises of developers and project managers who aredeployed on a rotational basis operating out of its partners' office. By Q42019, WeInvest is gearing towards setting up its local offices in Thailand,situated in Bangkok.


WeInvest is formed by a coremanagement team that comprises of executives from notable companies including Nomura, Standard Chartered, JPMorgan, Maybank and Goldman Sachs. It has recently expanded to Hong Kongand the UAE to further its reach globally, with its headquarters in Singaporeand operations in India, Indonesia and Malaysia.


WeInvest has been activelyserving customers with two digital wealth platforms i.e. OCBCRoboInvest with Singapore-based OCBC bank and eWealth withCGS-CIMB Securities.


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