Hang Seng Bank CEO to Retire
Ms Rose W M Lee will retire from Hang Seng bank and will cease to be Vice Chairman and CEO of the bank with effect from 1st July 2017. Amid a challenging economic and operating environment, Ms Lee has taken Hang Seng to greater heights through various initiatives
“Ms Louisa W W Cheang will be appointed as Vice-Chairman and Chief Executive of the Bank.”
Ms Louisa W W Cheang, Group General Manager of HSBC Holdings plc and Group Head of Retail Banking of HSBC will be appointed as Vice-Chairman and Chief Executive of the Bank with effect from 1 July 2017.
News Source: Hang Seng Bank Press Release
The Hong Kong and Shanghai Banking Corporation Limited (NYSE:HSBC) was established in 1865 to finance the growing trade between Europe, India and China. HSBC was born from one simple idea – a local bank serving international needs. Today, it covers 71 countries and territories in Europe, Asia, the Middle East and Africa, North America and Latin America with around 4400 offices in both established and emerging markets, serving around 46 million customers through the Four Global Businesses: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking.
- Origin : London, UK
- Assets : Euro 21.67 billion
- Revenue : Euro 721.3 million
- Employees : 266,000
Official Website: www.hsbc.com
News & Media: Press Release
Updated on 8th August 2016