SINGAPORE, March 19, 2014 /PRNewswire/ -- Wealth-X, the world's leading ultra high net worth (UHNW) intelligence and prospecting firm, today announced the appointment of Nick Griffith who will focus on expanding the company's presence in the Greater China region.
Nick has more than 18 years of experience in the risk and compliance field. Prior to joining Wealth-X, Nick spearheaded the Asia Pacific operations of World-Check, a firm that creates and maintains a database of Politically Exposed Persons (PEPs) and heightened risk individuals and organisations. He has also worked at Thomson Financial, SPSS (now part of IBM) and BMC Software.
Nick is based in Hong Kong, a strategic location from which he will drive Wealth-X's sales and business development in the Greater China region.
Wealth-X CEO Mykolas D. Rambus commented: "I am delighted to welcome Nick Griffith to Wealth-X and have no doubt that he will be a valuable asset to our team. With Nick's vast experience, he is well positioned to assist our clients build outstanding, productive and low-risk relationships with their customers."
The Greater China region of China, Hong Kong and Taiwan is home to 15,100 UHNW individuals (defined as those with at least US$30 million in net assets), accounting for over a third of Asia's UHNW population, according to the Wealth-X and UBS World Ultra Wealth Report 2013. The UHNW population in Greater China has a combined net worth of US$2.25 trillion.
Wealth-X is the definitive source of intelligence on the ultra wealthy with the world's largest collection of curated research on ultra high net worth (UHNW) individuals, defined as those with net assets of US$30 million and above. Headquartered in Singapore, it has 13 offices on five continents. (www.wealthx.com)