The Family Office Association Hong Kong (FOAHK) has re-elected Chi-man Kwan of Raffles Family Office as chair, with Grant Ko and Jim Kwok appointed as vice chairs. Kwok begins his second term in the role. The appointments take effect immediately, the association said. Marking its fifth anniversary, FOAHK represents over 60 members, including single-family offices, multi-family offices, and external asset managers, with a collective AuM of around USD85bn. Other board members include Jessica Cutrera of Leo Capital Corp, Harry Pang of Fountainhead Partners, and Kenny Ho of Carret Private Capital. FOAHK was established during Hong Kong’s drive to position itself as a leading hub for family offices, competing with rivals such as Singapore and the UAE.