Former Hang Seng Bank CEO Louisa Cheang dies aged 57
- Cheang had served as Hang Seng Bank’s vice-chairman and CEO since July 2017
- She was replaced by Diana Cesar, HSBC’s Hong Kong CEO, from September 1
A memorial service will be held in Wan Chai on Friday, a source said. Hang Seng Bank confirmed Cheang’s death in a statement late on Tuesday after sources had reported earlier in the day.
“Hong Kong still has a significant way to go,” Cheang said in a written interview with the Post in March. “Our approach to diversity is centred on creating an internal culture that is inclusive and built on systems of meritocracy. We view greater internal diversity as a way to drive growth and as an important business advantage.”
“We started our Hang Seng journeys almost at the same time four years ago. I remember she summoned me to her office on my very first day and told me her expectations of what digital should be for Hang Seng,” Herman Cheng, head of digital banking at the bank, said in a post on LinkedIn.
“Louisa was a joy to work for – fast decision making, set clear direction, opened to new ideas. And she had very progressive thinking on digital and definitely high expectations of her teams. She will be missed,” he added.