[ET Net News Agency, 1 February 2021] HSBC (00005) is establishing a GBA Office to
spearhead its strategic development in the fast-growing Guangdong-Hong Kong-Macao Greater
Bay Area.
Daniel Chan will lead the unit and is appointed Head of Greater Bay Area, effective
March 2021. Chan is currently Head of Business Banking, Commercial Banking, Hong Kong,
HSBC.
HSBC will leverage the complementary advantages of its franchise in the three
jurisdictions to service customers' banking needs in the GBA, a key focus of the Bank's
Asia growth strategy.
As Head of GBA, Chan will be responsible for deepening collaboration with internal and
external stakeholders as well as driving the business forward at pace. He will report to
Diana Cesar, Chief Executive, Hong Kong, HSBC, functionally and Mark Wang, President and
Chief Executive, HSBC China on an entity basis. (KL)