Financial industry mourns sudden deaths of Keith Li and Mark Liinamaa
Hong Kong's financial community was in shock yesterday after the deaths of two industry professionals within days of each other, partly blamed on work stress. Li Kai, chief executive of Bosera Asset Management (International), the Hong Kong-based offshore arm of Bosera, died of a brain haemorrhage during a bus journey to Shenzhen, his friends and colleagues said. Li, 41, was also known to his foreign colleagues and clients as Keith Li.
Hong Kong's financial community was in shock yesterday after the deaths of two industry professionals within days of each other, partly blamed on work stress.
Li Kai, chief executive of Bosera Asset Management (International), the Hong Kong-based offshore arm of Bosera, died of a brain haemorrhage during a bus journey to Shenzhen, his friends and colleagues said. Li, 41, was also known to his foreign colleagues and clients as Keith Li.
His colleagues at Bosera, one of the mainland's largest asset management houses with more than US$30 billion of assets under their wing, were informed of his death yesterday.
Separately, Mark Liinamaa, a middle-aged senior research analyst with Citigroup's Asia natural resources team in Hong Kong, died of a heart attack during a business trip to Laos earlier this week. Many of his colleagues were informed yesterday.
A Citigroup spokesman declined to comment, saying the case was a "personal matter".
Li and Liinamaa are the latest members of the financial industry - where work pressure has soared since the global financial crisis began in 2008 - to die suddenly, at relatively young ages.
"Working in the financial industry has become a contest of body strength, in many cases," Ba Shusong, an influential economist with the mainland's cabinet think tank, said on his personal microblog in response to the news of Li's death.
