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By Cai Haoxiang

Singapore lawyer and former Nominated Member of Parliament Simon Tay has been appointed an independent director to the board of LGT Bank (Singapore).

The company is the Singapore subsidiary of LGT Group, a private bank in Liechtenstein wholly owned by Liechtenstein’s royal family.

Mr Tay is chairman of think-tank Singapore Institute of International Affairs, an associate professor at the National University of Singapore, and a senior consultant at WongPartnership focusing on sovereign issues and political risks as well as the green economy practice.

“He will provide invaluable insights and guidance on the expansion of LGT Group’s wealth and asset management business in Asean and the rest of Asia,” said Prince Maximilian of Liechtenstein, CEO of LGT Group, in a statement.

This article was originally published in The Business Times on Wednesday, 8 April 2015.

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