Mr Lim Hua Min, executive chairman for PhillipCapital group of companies, has been named as this year’s recipient of FOW’s Awards for Asia Lifetime Achievement Award.

Mr Lim founded Phillip Securities in 1975 and has steered the development of the company into the multinational financial service group it is today.

PhillipCapital today employs more than 3,500 employees with operations in the financial hubs of 16 countries, offering a full suite of financial products and services to over 1 million clients across the globe.  

In addition to his role at PhillipCapital, Mr Lim has been a pioneer of the development of Singapore as a financial hub and has served on a number of committees and sub-committees of the Stock Exchange of Singapore.

In 1997, he was appointed Chairman of the Stock Exchange of Singapore Review Committee, which is responsible for devising a conceptual framework to make Singapore’s capital markets more global, competitive and robust.

"Mr Lim has built PhillipCapital into a truly global enterprise operating across a number of business classes," said William Mitting, FOW publisher.

"It is our honour to recognise his enormous contribution to Asia’s capital markets at this year’s awards."

Previous winners of the award include Ang Swee Tian and Ng Kok Song.

The award will be presented at the Awards for Asia Gala Dinner on September 23 in Singapore.