Maitri Asset Management appointed a long-standing banker to its advisory board, effective from 1 January 2021.
Lawrence Lua brings more than 35 years of banking, management and advisory experience across major banks in the Asia region. He joined DBS Private Bank in 2011 and stepped down as its Managing Director and Global Head of Private Bank in December 2019 to assume the role of Senior Advisor to the Bank.
Prior to joining DBS, Lua held senior private banking positions at global banks Julius Baer, Merrill Lynch and Citibank. Based in Singapore, he will advise Maitri across its portfolio and operations, including providing strategic direction to the business, advising on regulatory matters, as well as enhancing the firm’s investing and growth strategies.
Strong Set of Values
The appointment follows Maitri’s fifth anniversary and the launch of its Sustainable Liquid Income Fund (S.LIQ) in November 2020, the second fund in its portfolio.
Maitri Asset Management was founded as the Tolaram Group family office in November 2015 and has since grown to become a licensed fund manager focused on active responsible investment management. The firm is led by a strong set of values and responsible investing principles with a focus on ESG.
