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3
August 2002
HANG SENG BANK ANNOUNCES BOARD APPOINTMENT
Hang Seng Bank has appointed Mr Peter
Lee Ting Chang, JP, a non-executive Director of the Bank
with effect from today.
Mr Lee is Chairman and Managing Director of Hysan Development
Company Limited. He also serves on the Boards of various
companies and on a number of committees and organisations.
Mr David Eldon, Chairman of Hang Seng Bank, said: "We
are extremely pleased to welcome Mr Lee to the Board.
We are confident that the Bank will benefit greatly from
his extensive management expertise and commercial experience."
A brief biography of Mr Lee is attached.
Founded in 1933, Hang Seng Bank, a principal member
of the HSBC Group and the second largest listed bank
in Hong Kong in terms of market capitalisation, operates
155 branches and automated banking centres in Hong Kong;
branches in Guangzhou, Shanghai, Shenzhen and Fuzhou;
and representative offices in Beijing, Xiamen and Taipei.
With consolidated assets of HK$475 billion at the end
of 2001, the Bank reported a profit attributable to shareholders
of more than HK$10 billion for the year 2001. For further
information on Hang Seng, please visit the Bank's website
at www.hangseng.com.
#End#
Biography of Mr Peter Lee Ting Chang, JP Mr Peter Lee Ting Chang is the Chairman and Managing
Director of Hysan Development Company Limited.
Mr Lee received a Bachelor of Science Degree in Civil
Engineering from the University of Manchester and qualified
as a Solicitor of the Supreme Court of England and Wales.
Mr Lee is a non-executive director of Cathay Pacific
Airways Limited, SCMP Group Limited, Maersk Hong Kong
Limited, and a director of a number of other companies.
He is a vice president of the Real Estate Developers
Association of Hong Kong; a council member of the Employers'
Federation of Hong Kong and the Hong Kong Institute of
Education; and an advisory council member of the Asia
Society (Hong Kong) and the One Country Two Systems Research
Institute. He has also served as a member of the Hong
Kong Government's Central Policy Unit and the Education
Commission.
Mr Lee is an appointed non-official Justice of the Peace.
3 August 2002 |
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