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Raffles Family Office names Ken Peng as first chief investment officer

The newly created role reports to group chief executive Chi Man Kwan, with Peng based in Hong Kong.

At a glance

  1. Peng is responsible for strengthening the investment function and shaping overall investment strategy, with a focus on clients' long-term, multi-generational objectives.
  2. Peng joins from Citi Private Bank, where he was head of Asia Pacific investment strategy and a managing director.
  3. The firm says he brings more than 20 years in private wealth across Greater China and the United States, leading investment teams and shaping asset allocation at global financial institutions.

Raffles Family Office appointed Ken Peng as its first chief investment officer, effective immediately, the firm said in a 31 August 2026 announcement.

Peng is responsible for strengthening the investment function and shaping overall investment strategy, with a focus on clients' long-term, multi-generational objectives. He reports to group chief executive Chi Man Kwan and is based in Hong Kong.

Peng joins from Citi Private Bank, where he was head of Asia Pacific investment strategy and a managing director. The firm says he brings more than 20 years in private wealth across Greater China and the United States, leading investment teams and shaping asset allocation at global financial institutions.

Reported by the People & Leadership desk from Raffles Family Office press release and Hubbis. Published . Corrections

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