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William Wu Said to Take Over as Chief Executive of Hang Seng Bank (China) w/ HK Chief Executive's Eldest Son as Vice-Chairman
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Hang Seng Bank (China), a subsidiary of HANG SENG BANK (00011.HK), will see a change in its senior management, according to Hong Kong media.

Ryan Song, the current Vice-Chairman and Chief Executive of Hang Seng Bank (China), will be transferred back to the HSBC Group, while William Wu, Deputy Chief Executive (designate) of Hang Seng Bank (China), will take over as the executive director and Chief Executive of Hang Seng Bank (China) from today (14th), and continue to head the wholesale banking business of Hang Seng Bank (China), the report quoted an internal announcement as saying.

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Meanwhile, Gilbert Lee, the eldest son of Chief Executive John Lee, Head of Strategy & Planning and Chief of Staff to Chief Executive of HANG SENG BANK, will become Vice-Chairman of Hang Seng Bank (China).
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