• Published on 2 January 2018
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Bank of China Hong Kong appoints group veteran Gao Yingxin as new chief executive

Bank of China (Hong Kong), the local arm of China’s fourth-largest bank, has appointed veteran group insider Gao Yingxin as its new chief executive and vice-chairman, as it moves ahead with a plan to take over the parent company’s southeast Asian operations.

Gao replaced Yue Yi, another long time employee of the group who has stepped down due to his age, effective from January 1, the bank said in a statement to the Hong Kong stock exchange on Tuesday.

Gao joined Bank of China in Beijing in 1986 and has spent almost all of his career at the group, except for a brief spell in the 1990s in the finance department of Canadian telecommunications firm Northern Telecom. He also served as Bank of China (Hong Kong)’s deputy chief executive for corporate banking for 10 years from 2005.

During Yue’s tenure as chief executive, the Bank of China group embarked on a restructuring, under which ownership of Bank of China’s operations in southeast Asia will pass to Bank of China (Hong Kong).

Re-disseminated by The Asian Banker from SCMP.com