Hang Seng Bank Limited (0011.HK)

147.200 -2.000 (-1.34%) As of 11:48AM HKT. Market open.

Hang Seng Bank Limited

83 Des Voeux Road
Central
Hong Kong

http://www.hangseng.com

Sector(s): Financial Services
Industry: Banks—Regional
Full Time Employees: 9,628

Key Executives

Name	Title	Pay	Exercised	Year Born
Ms. Wai Wan Cheang	Vice-Chairman & Chief Exec.	26.14M	N/A	1964
Ms. Wing Han Kwan	Head of Wealth & Personal Banking and Exec. Director	7.62M	N/A	1959
Mr. Wing Lok Leung	Chief Financial Officer	N/A	N/A	1963
Ms. L. C. Y. Chan	Chief Operating Officer	N/A	N/A	1963
Mr. Chi Chung Li	Company Sec. & Gen. Counsel	N/A	N/A	1968
Ms. May Kay Wong	Head of Communications & Corp. Sustainability	N/A	N/A	1963
Ms. Yee Ning Wang	Head of HR	N/A	N/A	1962
Mr. Yin Shing Lam	Head of Commercial Banking	N/A	N/A	1964
Mr. Simon Yuen	Head of Consumer Assets	N/A	N/A	N/A

Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprise, and institutional customers in Hong Kong, Mainland China, and internationally. It operates through four segments: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Other. The company offers personal banking services, including current and savings accounts, time deposits, mortgages and personal loans, credit cards, and insurance and wealth management services, as well as consumer lending services. It also provides corporate lending, trade and receivable finance, payments and cash management, treasury and foreign exchange, general insurance, key-person insurance, investment, and corporate wealth management services, as well as general banking, interest rate, money market, structured, derivative products, etc. In addition, the company offers trustee, nominee, fund management, stock broking, and property management services, as well as index compilation and licensing; fund raising and sales; and asset management services. It operates approximately 290 service outlets in Hong Kong; branches in Macau and Singapore; and a representative office in Taipei. Hang Seng Bank Limited, through its subsidiary, Hang Seng Bank (China) Limited, operates a mainland China network with outlets in the Pearl River delta, the Yangtze River delta, the Bohai Rim region, and Midwest China. The company was founded in 1933 and is headquartered in Central, Hong Kong. Hang Seng Bank Limited is a subsidiary of The Hongkong and Shanghai Banking Corporation Limited.

Corporate Governance

Hang Seng Bank Limited’s ISS Governance QualityScore as of December 3, 2020 is 1. The pillar scores are Audit: 2; Board: 1; Shareholder Rights: 3; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.