SIR Quo-wei Lee, chairman of Hang Seng Bank, was last night named Businessman of the Year in the Hong Kong Business Awards, sponsored by DHL and the South China Morning Post. Sir Quo-wei, a former legislative and executive councillor, has turned around Hang Seng Bank, after being given the task of saving it from collapse in 1965. 'It is indeed an honour to be recognised as a business leader in one of the world's most dynamic economies,' he said last night. Also recognised during the presentation ceremony were: Anthony Leung, Citibank's country corporate officer and division head of Citibank in Hong Kong, for the Executive Award; Matthew Koon, the founder, president and chief executive of Easyknit Enterprise Co, for the Young Entrepreneur Award; the Toppy Group for the International Award and Anex International for the Enterprise Trophy. The judges also used their discretion to award certificates of merit in three categories, in which they felt nominees had excelled. In the Enterprise Trophy, a certificate went to the Hong Kong Transit Publishing Co, for the Recruit newspaper. In the Young Entrepreneur, a certificate went to Alfred Siu Wing-fung, chairman of OLS Asia Holdings. And in the International Award, Jardine Fleming received a certificate. The awards were established to recognise the contributions of individuals and companies to the economic vitality and international stature of Hong Kong. Po Chung, chairman of DHL International, said: 'The Hong Kong Business Awards are now considered to be the most prestigious award ceremony among the business community in Hong Kong.' The public were invited to nominate their favourites for the five award categories, and the winners were selected by a panel of judges made up of leading members of Hong Kong's business community, chaired by Sir Jack Cater, the founder and former head of the Independent Commission Against Corruption. Speaking last night at the awards dinner, David Armstrong, editor-in-chief of the South China Morning Post said: 'DHL and the South China Morning Post are proud to help recognise talent, hard work and greatness in our community.' Yesterday Sir Jack explained that the making of profits was not enough to win an award, as the contribution made by candidates to Hong Kong's development was taken into account. Also considered were commitment, flair, sound business practices and an ethical approach.