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Peter Wong (banker)

From Wikipedia, the free encyclopedia
Hong Kong banker
In thisHong Kong name, thesurname is Wong.
Peter Wong Tung-shun
Personal details
SpouseYan Junqi
Children2
OccupationGroup Managing Director, HSBC Group
Deputy Chairman and Chief Executive,The Hongkong and Shanghai Banking Corporation Limited[1]

Peter Wong Tung-shun,JP (born November 1951, inBritish Hong Kong) is a Hong Kong banker associated with theHSBC,StanChart andCiti. He retired as CEO of HSBC Asia-Pacific and became non-executive chairman ofThe Hongkong and Shanghai Banking Corporation, effective 7 June 2021.[2] He holds aBComm degree from theUniversity of Calgary in Alberta, Canada, amaster's degree incomputer science and another master's degree inmarketing andfinance fromIndiana University in theUnited States.[3]

He is[when?] one of the 124 members of Hong Kong's delegation to theChinese People's Political Consultative Conference.

Biography

[edit]
  • 1980: JoinedCitibank and served as DeputyFinancial Controller, Director ofBusiness Development, AssistantManaging Director and Director ofBanking Business.
  • 1996: Appointed as the Director of Operating, Services, and Sales forNorth Asia of Citibank
  • 1997: JoinedStandard Chartered Bank and served as Director of Personal Banking for Hong Kong and China
  • 2000: Appointed as Chief Executive for Hong Kong of Standard Chartered Bank
  • 2002: Appointed as Director ofGreater China of Standard Chartered Bank
  • 2005: JoinedHSBC and served as General Manager of HSBC Group and an executive director of The Hongkong and Shanghai Banking Corporation[4]
  • 2010: Appointed as the first Chinese Asia Pacific CEO of The Hongkong and Shanghai Banking Corporation

In 2020, in a highly symbolic act that ended the bank's previous political neutrality, Wong signed a public petition supporting the Chinese leadership's creation of a far-reachingnational security law for Hong Kong. The move was understood as politically necessary to avoid punitive action against the bank by Beijing but drew widespread international and local Hong Kong criticism.[1][5]

References

[edit]
  1. ^abChina has HSBC’s taipan in a vice with few options but to fall in line with the security law for Hong Kong in the bank’s biggest market, SCMP, 4 July 2020
  2. ^HSBC (7 June 2021)."HSBC appoints David Liao and Surendra Rosha as Co-Chief Executives for Asia Pacific". Archived fromthe original on 13 February 2022. Retrieved13 February 2022.
  3. ^Peter Wong
  4. ^"Peter Wong Tung-shun biodata"(PDF).
  5. ^HSBC’s Asia chief backs China security law for Hong Kong, CNBC, Jun 3 2020
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