Developer Hang Lung taps high-profile banker as CEO

Weber Lo will take over the helm of the Hong Kong property group, returning to the corporate sector after 18 years in banking at Citi.

Hong Kong property giant Hang Lung Group has hired veteran Citi banker Weber Lo as its chief executive offer, the company said in a statement on Monday.

Lo, 47, is one of the best known banking executives in Hong Kong, in part due to his unusual career switch.  After graduating from the University of Hong Kong in 1993, he worked for Coca-Cola and Procter and Gamble Hong Kong for about seven years, before making the switch to the banking world.  

In an 18-year stint at Citi, Lo held various posts in the US bank, eventually rising to become the bank’s country officer...

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