Former HSBC chairman Lord Sandberg traversed crucial years of change in China and Hong Kong
Memorial event to be held on September 6 to pay last respects to Michael Sandberg, who steered the bank into the global top five from 1977 to 1986
Former HSBC chairman Michael Sandberg was in charge of the bank at a crucial time – when mainland China was opening up and as Sino-British talks on Hong Kong’s future were under way.
Sandberg died in his London home on July 2 at the age of 90. A memorial event will be held for him at the Hong Kong Club on September 6. It is being organised by his son, Michael Sandberg Junior.
“I do not want a fancy ceremony. As we have already held the funeral for my father in the UK, I would like to hold a memorial here in Hong Kong to allow friends and former colleagues who were not able to attend the funeral to show their last respects to my father,” Sandberg said.
“My father loved Hong Kong and had many friends among the local Chinese and expatriate communities, many of whom went on to become successful.
“These friendships endured long after he retired and left Hong Kong. He treated his customers and his colleagues as partners. They all worked together as a team to further their common goals, which also resulted in the successful development of the economy and business in Hong Kong.”