HSBC’s Hong Kong head Anita Fung leaving amid reshuffle
Anita Fung Yuen-mei, chief executive of HSBC Hong Kong, is leaving the bank next month while the lender’s China head is taking up a new role.
Anita Fung Yuen-mei, chief executive of HSBC Hong Kong, is leaving the bank next month while the lender’s China head, Helen Wong, is taking up a new role in which she will oversee the mainland, Hong Kong and Taiwan operations.
The reshuffle was announced in a staff memo circulated on Thursday afternoon and obtained by the South China Morning Post.
It said Fung, who has been with HSBC since 1996 and was its first female Hong Kong head, is leaving to “pursue opportunities outside the group”.
Wong, who is now deputy chairman, president and chief executive of HSBC China, will assume the role of chief executive, Greater China.
“This is a newly created role to develop a more integrated Greater China strategy for HSBC, increase our international connectivity between Greater China and the Group, and deliver the Greater China growth opportunity more effectively to our clients globally,” said Peter Wong Tung-shun, chief executive, Asia Pacific, in the memo.
She is a senior figure in the region’s financial market and through her various industry roles has actively promoted the evolution of Hong Kong’s financial landscape, as well as that of other regional markets
Helen Wong’s new role is subject to regulatory approval and will take effect from March 1. She will be based in Hong Kong and report to Peter Wong. She will be the acting chief executive of the Hong Kong office until Fung’s successor is appointed.
