Raymond ChÆien to chair Hang Seng

The chairman of Hong Kong railway company MTR will take the lead at HSBCÆs banking subsidiary, Hang Seng Bank.

Hong Kong-listed Hang Seng Bank, a 62.14% owned subsidiary of the Hongkong and Shanghai Banking Corporation, has appointed Raymond Kuo Fung ChÆien as chairman and independent, non-executive director.

Hang Seng Bank simultaneously announced that Alexander Sandy Flockhart, the chief executive officer of HSBC, will be appointed to the board of Hang Seng Bank in a non-executive capacity.

ChÆien is a highly respected member of the Hong Kong business community and has been on the board of HSBC as an...

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