#Singapore #Avestar Capital #Zal Devitre

Avestar Singapore Pte. Ltd. Appoints Zal Devitre as Chief Executive Officer

Avestar Singapore Pte. Ltd., a key subsidiary of the global multi-family office and independent wealth advisory firm, Avestar Capital, has announced the exciting appointment of Zal Devitre as its new Chief Executive Officer. This decision highlights Avestar's intent to strengthen its leadership within the wealth and asset management landscape, particularly in Asia, a region that increasingly attracts global families seeking sustainable growth and stability.

Zal Devitre comes to Avestar with over 20 years of distinguished international experience in wealth and asset management. His extensive career has taken him across various continents, including North America, Europe, Africa, and Asia, allowing him to cultivate a broad and diverse perspective on wealth management. As Asia’s wealth management sector rapidly evolves, Zal's appointment signifies a shift towards prioritizing cross-border expertise and enhanced client alignment amid a transforming regulatory environment.

Singapore, known as a burgeoning hub for asset management, is at the forefront of attracting skilled professionals who can offer innovative and strategic advisory services to families and entrepreneurs. As more global families turn their gaze towards Asia, Zal's leadership will help Avestar Singapore navigate the complexities of this dynamic economic landscape.

Before joining Avestar, Devitre's professional journey began with a notable role as a Peace Corps Volunteer in Cameroon. There, he served as a Technical Advisor at a microfinance bank, emphasizing his dedication to financial inclusion and community upliftment. His career path then led him to key positions at major financial institutions, including Citibank Singapore, where he honed his leadership skills. Following this, he became Head of the Global Financial Client Group for Asia at Schroders, managing the distribution of investment products to private banks regionally.

Zal holds a prestigious bachelor's degree in international politics from Georgetown University and an MBA from Columbia Business School. His academic background complements his professional experience, equipping him with crucial insights into both the financial world and the socio-economic dynamics affecting wealth families today.

In welcoming Zal to Avestar Singapore, Shilpa Konduri, President of Avestar Capital, expressed enthusiasm about his appointment, stating, "Zal's leadership and vision will play a pivotal role in achieving Avestar's mission of providing holistic and conflict-free advisory services to families across the globe. His deep understanding of wealth management combined with his commitment to integrity and client-centric solutions align perfectly with our company’s values."

Devitre expressed his excitement regarding the new opportunity. He remarked, "Avestar Capital's independence and commitment to integrity truly differentiate it from others in the field. I am honored to take on this role and to lead Avestar Singapore, working alongside a talented team to craft innovative solutions that cater to the needs of families across Asia and beyond."

The appointment of Zal marks a significant moment for Avestar as it continues to amplify its reach globally, amplifying its dedication to servicing the needs of entrepreneurs, family offices, and the upcoming generation of wealth holders. Under the guidance of Founder and CEO Xerxes Soli Mullan, the firm is poised to set new standards in independent, values-driven wealth advisory, reinforcing their commitment to excel amid the burgeoning potential of Asian markets.

With Zal Devitre at the forefront, Avestar Singapore is set to delve into a new chapter of growth and innovation as it endeavors to meet the sophisticated demands of its clients.

For more information about Avestar Capital and its services, visit Avestar Capital.