Hong Kong’s Hang Seng Bank has announced the appointment of a new Head of Retail Banking and Wealth Management.

With effect from 1 July 2016 Margaret Kwan will become the Head of Retail Banking and Wealth Management, she will replace Nixon Chan, who is stepping down from the role. Kwan joined Hang Seng's Retail Marketing Department in 1995.

She has since held various senior management positions at Hang Seng and is currently leading the card, unsecured loan and mortgage business.

Formulating Strategy 

Kwan has been a key member of the Retail Banking and Wealth Management management team and is instrumental in formulating strategy for business growth and development of the business

Founded in 1933, Hang Seng Bank operates around 250 service outlets serving both personal and business customers. The Bank also maintains branches in Macau and Singapore, and a representative office in Taipei.