HSBC Bank (Taiwan) Ltd (匯豐台灣商銀) yesterday appointed John Li (李鐘培), managing director and head of global banking and markets in Taiwan, as its new chief executive officer, replacing outgoing country head Nick Winsor.
Li will take up his new post late next month — if approved by financial regulators — while Winsor will be promoted to another senior position within the banking group, the bank said in a press statement.
Li joined HSBC in late 2005 as its head of treasury and capital markets. Prior to that, he was head of treasury and capital market functions at Chinatrust Commercial Bank (中信銀) and Citibank in Taiwan for several years.
With Li’s appointment, the bank’s NT$30 billion (US$937.5 million) capital investment and 300 newly recruited specialist salespeople, HSBC Taiwan is well-placed to participate in the next phase of the nation’s economic development, HSBC Asia-Pacific CEO Peter Wong (王冬勝) said.
Under Winsor’s leadership, the bank acquired the Chinese Bank (中華銀行) and completed local incorporation, and increased its network from eight to 37 branches.
Meanwhile, Taiwan Futures Exchange chairman Tony Fan (范志強) said at a changeover ceremony yesterday that he would soon become more proficient in the exchange’s business and would solicit the views of the industry to enhance business.
Fan, a former chairman of Taiwan Depository and Clearing Corp, took up his new job yesterday, replacing Joseph Tsai (蔡慶年), who was appointed as the chairman of First Financial Holding Co (第一金控).
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