Singapore-based digital wealth advisory platform Endowus has hired a former Stash executive as its chief product officer.
Vinod Raman has been named as the chief product officer for Endowus, according to a statement, where he will be responsible for product management, data, and design as well as product strategy, roadmap, and execution.
Raman has over a decade of experience in institutional banking and fintech, most recently at US robo-advisor Stash where he spent the last two years focused on its investment product offering and business. Previous to that, he worked at Fidelity Investments for eight years.
Growth Drive
Last month, Endowus announced that it had doubled client assets in less than a year to S$2 billion ($1.4 billion). Over the past 12 months, the digital wealth manager also increased its Singapore clients by 120 percent and assets on its fund platform by 350 percent.
As part of its growth drive, Endowus expanded in Hong Kong with the hire of ex-Value Partners executive Steffanie Yuen in July to lead the market as part of post-fundraising plans announced in April.
«Being at the forefront in the proliferation of the fee-only revolution in Asia means we can only be paid by and serve our clients and no one else, thereby improving transparency and restoring integrity as fiduciaries,» said Endowus chief executive Gregory Van.
