March 11, 2020 / 8:18 AM / 19 days ago

HSBC appoints new China chief executive

HONG KONG, March 11 (Reuters) - HSBC has appointed a new chief executive for its China business, a major focus for the bank, the latest in a series of senior management changes at the lender.

Mark Wang, currently head of HSBC’s China investment banking business will become China CEO, the bank said in a statement on Wednesday.

Current China CEO David Liao will move to another senior position in the group, the bank said.

Reporting by Alun John, editing by Louise Heavens

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