LGT Wealth enhances HNW capability via new senior hire

Yasmine Raso

Senior Journalist, Financial Newswire

24 February 2026

LGT Wealth Management Australia has signalled its commitment to meet the unique needs of its high net worth (HNW) and ultra high net worth (UHNW) clientele with the appointment of Kaajal Prasad as Head of Family Advisory.

Taking on the role from Melbourne, Prasad will spearhead the development of the firm’s strategy and capability enhancement to meet the “growing” needs of Australian sophisticated investors at a time when individuals and professionals alike prepare for the estimated $3.5 trillion integenerational wealth transfer over the next decade.

Prasad brings close to 20 years of experience in wealth structuring and governance – as well as particular expertise in succession planning, risk management and asset protection – to the role at LGT Wealth Management, joining from KPMG where she was a Partner in the firm’s Family and Private Client business.

“We’ve been deliberate in our search for a leader who not only aligns with our vision but also understands the evolving needs of Australian families. Kaajal’s expertise in wealth structuring, governance and succession planning makes her a natural fit for LGT Wealth Management,” Michael Chisholm, Chief Executive Officer of LGT Wealth Management, said.

“As we see intergenerational wealth transfer rise in prominence, her leadership will ensure we remain focused on what matters most to our clients – their family values and long-term aspirations – ensuring these elements are at the heart of their wealth planning.

“As part of one of the world’s largest family-owned wealth management firms, LGT Wealth Management is uniquely positioned in the Australian market. We combine deep, local relationships with the stability, scale and expertise of a global leader in wealth management. By drawing on centuries of experience in intergenerational wealth transfer, we’re able to provide tailored governance and succession planning solutions that help families build lasting legacies.

“Kaajal’s appointment marks an important milestone for us, further strengthening our role as a trusted partner in securing the future of these families.”

Ping Ping Lim, Vice Chairwoman, Global Family Wealth for LGT Private Banking APAC, also welcomed Prasad’s appointment.

“Kaajal’s appointment marks a significant step in LGT Wealth Management’s continued commitment to providing Australian families with strategic guidance grounded in global best practices. We’re excited for Kaajal to lead our efforts in Australia, building lasting legacies and fostering trust with the families we serve.”

Commenting on her appointment, Prasad said she looks forward to joining the team and continuing to work with Australian families.

“The future of wealth management is not just about preserving assets – it’s about preserving legacies, and I’m honoured to play a part in that journey for Australian families at LGT Wealth Management.

“I look forward to working closely with clients to ensure that their wealth is not only protected but also passed down in a way that reflects their values, vision and long-term goals. It’s about creating a foundation that transcends generations and leaves a lasting impact for those who follow.”