Michael Wang is the new CEO of Livi, an online virtual bank that is expected to open in the fourth quarter. The online bank is backed by Bank of China Hong Kong, JD Digits, and conglomerate Jardines. Photo: K.Y. Cheng

Hong Kong virtual bank Livi names Michael Wang Lan as chief executive

  • Livi, one of eight virtual banks approved by the HKMA, will enter into operation in the fourth quarter with HK$2.5 billion (US$318.54 million) in capital
Topic |   Banking & Finance

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Michael Wang is the new CEO of Livi, an online virtual bank that is expected to open in the fourth quarter. The online bank is backed by Bank of China Hong Kong, JD Digits, and conglomerate Jardines. Photo: K.Y. Cheng
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Enoch Yiu

Enoch Yiu

Enoch joined the Post as a business reporter in 1996. Before that, she worked at a Chinese daily newspaper for four years. She is author of two books: 'They Mean Business: 50 exclusive interviews with Hong Kong top executives' and 'Serving with Passion: stories of established catering brands in Hong Kong'.