Hang Seng Bank scoops Fu

Former Commerzbank executive named head of China business.

Hong Kong's Hang Seng Bank has brought in Johnson Fu to lead its efforts in China and Taiwan. As head of China business, Fu will oversee Hang Seng's operations in China and Taiwan. Part of the role will also include responsibility for its business with Mainland and Taiwanese companies in Hong Kong and foreign-invested, state-owned and domestic companies based in China.

For Hong Kong's second largest bank, Fu reports directly to Raymond Or, Hang Seng's vice chairman and chief executive and replaces Andrew Wong.

Fo comes to Hang Seng from Commerzbank where most recently he was regional head of corporate banking, Asia Pacific. In total, Fu clocked up seven years with Commerzbank in Hong Kong, first joining the firm in 1998.

Prior to this role, Fu was deputy general manager and head of corporate and commercial banking at Rabobank International between 1997 and 1998.

Before his brief time at Rabobank, Fu worked for Standard Chartered for seven years, which included the role of chief executive for Taiwan during the early 1990s.

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