Unveiling the Strategic Move: LGT's Wealth Management Expansion in Thailand
In a move that underscores its commitment to the Thai market, LGT has appointed Anchalee Bunsongsikul as the new CEO for its wealth management business in Thailand. This strategic appointment is a key milestone in LGT's journey to solidify its presence in the region.
The Significance of Thailand for LGT
Thailand holds a special place in LGT's global strategy. With a strong focus on building relationships with Thai families and entrepreneurs, LGT has successfully established a solid market position. The appointment of Anchalee Bunsongsikul, a seasoned leader with over three decades of international banking experience, is a testament to LGT's dedication to further expanding its reach and influence in Thailand.
Leadership and Expertise: A Powerful Combination
Anchalee Bunsongsikul's extensive leadership experience, coupled with her strong client relationships and deep understanding of the local market, make her an invaluable asset to LGT. Her expertise in corporate banking, financial markets, and client coverage will undoubtedly strengthen LGT's senior management team in Thailand. As Dr. Henri Leimer, CEO of LGT Private Banking Asia Pacific, highlights, Thailand is an important market where LGT aims to serve its clients through a consistent and relationship-centric approach.
A Regional Presence with Global Impact
LGT's roots in Asia run deep, dating back to the opening of its first representative office in Hong Kong in 1986. Since then, LGT has evolved into a competitive regional private bank and wealth manager. The launch of its wealth management business in Thailand in 2019 further solidified its presence in the region. Today, LGT's Bangkok office boasts a talented team of experienced professionals who provide tailored investment and wealth management services to Thai clients, complementing LGT's private banking operations in key Asian hubs like Hong Kong and Singapore.
A Broader Perspective: LGT's Asia Pacific Reach
Across Asia Pacific, LGT maintains a strong presence in key markets, including Hong Kong, Singapore, Japan, Australia, India, and the Middle East. With approximately 1,800 employees in the region, LGT ranked as the sixth-largest private bank in Asia Pacific in 2025, managing an impressive USD 164 billion in assets under management. This regional success story underscores LGT's ability to adapt and thrive in diverse markets, making it a formidable player in the global wealth management landscape.
Final Thoughts: A Strategic Vision for the Future
LGT's appointment of Anchalee Bunsongsikul as CEO for its wealth management business in Thailand is a strategic move that reinforces its commitment to the region. With her leadership and expertise, LGT is well-positioned to continue its growth trajectory in Thailand and beyond. As LGT solidifies its presence in Asia Pacific, it sets the stage for further expansion and innovation in the dynamic world of wealth management.
