Hang Seng Bank : Senior Executive Appointment at Hang Seng Bank (29 May 2023)

29 May 2023

Senior Executive Appointment at Hang Seng Bank

Hang Seng Bank today (29 May 2023) announced that Kathy Cheung, currently Chief Risk Officer of the Bank, will be appointed Chief Risk and Compliance Officer with effect from 1 June 2023. She will continue to be a member of the Executive Committee.

Ms Cheung joined Hang Seng Bank in March 2022. Prior to that, she worked at HSBC for over 21 years, holding various senior risk leadership roles in Hong Kong and the Asia Pacific region, including being the Chief Risk Officer at HSBC Hong Kong.

Diana Cesar, Executive Director and Chief Executive at Hang Seng, said: "Kathy has extensive experience in risk management in the banking sector. In her new role, she will be responsible for managing risk and compliance holistically at an entity level, which will help facilitate more robust risk management to support sustainable growth of the Bank."

Ms Cheung holds a Bachelor of Arts degree in Business Administration - Accounting from the University of Washington.

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About Hang Seng Bank

Hang Seng Bank is celebrating its 90th anniversary this year. Founded in 1933, Hang Seng Bank has continually innovated to provide best-in-class,customer-centric banking, investment and wealth management services for individuals and businesses. It is widely recognised as the leading domestic bank in Hong Kong, currently serving more than 3.5 million customers.

Combining its award-winning mobile app and strong digital capabilities with a vast network of over 260 service outlets in Hong Kong, Hang Seng offers a seamless omni- channel experience for customers to take care of their banking and financial needs anytime, anywhere.

Its wholly owned subsidiary, Hang Seng Bank (China) Limited, operates a strategic network of outlets in almost 20 major cities in Mainland China to serve a growing base of Mainland customers locally and those with cross-boundary banking needs. The Bank also operates branches in Macau and Singapore, and a representative office in Taipei.

As a homegrown financial institution, Hang Seng is closely tied to the Hong Kong community. It supports the community with a dedicated programme of social and environmental initiatives focused on future skills for the younger generation, sustainable finance and financial literacy, addressing climate change and caring for the community.

Hang Seng is a principal member of the HSBC Group, one of the world's largest banking and financial services organisations. More information on Hang Seng Bank is available at www.hangseng.com.