As part of the reshuffle, Diana Cesar will relinquish her role as chief executive of Hang Seng Bank and become vice chairman for Hong Kong at HSBC’s Asian unit, advising the co-chiefs of Asia and the Middle East.
HSBC Holdings is reshuffling top leadership at its key Hong Kong unit, with Maggie Ng taking over as Hong Kong chief executive officer from Luanne Lim, who is assuming the top job at subsidiary Hang Seng Bank.
Ng will keep her current role as head of retail banking and wealth for Hong Kong, the London-based lender said in a statement. The change will be effective in October, subject to regulatory approval.
