Hang Seng Bank

Banker Lee Quo-wei in intensive care

PUBLISHED : Tuesday, 26 February, 2002, 12:00am
UPDATED : Tuesday, 26 February, 2002, 12:00am

Sir Quo-wei Lee, the honorary chairman of Hang Seng Bank and a pillar of Hong Kong's business and political establishment for more than 45 years, was last night in intensive care after suffering a stroke.

The 84-year-old banker was admitted to Queen Mary Hospital on February 11, Lunar New Year's eve, sources said.

Sir Quo-wei's condition was not immediately known.

Members of the Lee family were unavailable to comment.

Sir Quo-wei joined Hang Seng Bank as a clerk in 1946. He rose through the ranks to become chairman in 1983, a post he held for 13 years. He became non-executive chairman in 1996 and honorary chairman in 1998.

He was also a non-executive director of the bank.

Born in 1918 in Macau, Sir Quo-wei moved to Hong Kong as a boy and was educated at St Joseph's College before taking a job at the China State Bank at the age of 18.

In addition to his chairmanship of Hang Seng Bank, Sir Quo-wei served as chairman of the Stock Exchange and Board of Education and was also a member of both the Legislative Council and Executive Council.

He was also a member of the Selection Committee which chose Tung Chee-hwa as Chief Executive.

The Government Information Services Department said Queen Mary Hospital had no record of Sir Quo-wei's admission when asked to confirm whether he was being treated there.