HSBC strengthens China corridor with senior appointments
- Ying Wang appointed Head of Distribution, International Wealth and Premier Banking (IWPB)
- Irene Zeng appointed Managing Director, Head of Business Development, China Corridor, Corporate and Institutional Banking (CIB)
HSBC Singapore today announced two senior appointments to further strengthen its China corridor proposition, deepening support for Chinese businesses and entrepreneurs as they expand into Singapore and across ASEAN.
As both a strategic springboard into Southeast Asia and a multi-corridor hub for global expansion, Singapore plays a pivotal role in connecting Chinese enterprises to regional and international opportunities. These appointments reinforce HSBC’s commitment to helping Chinese businesses and their owners capture growth across ASEAN through integrated banking, trade and wealth solutions.
Commenting on the appointments, Mr Wong Kee Joo, Chief Executive Officer, HSBC Singapore said: “As the region’s leading trade and business hub, Singapore is uniquely positioned to support Chinese companies as they expand into ASEAN. Irene and Ying bring deep expertise in developing the China corridor, strengthening our ability to serve this fast-growing client segment and connect them to new engines of growth across the region.”
Appointment of Ms Ying Wang
Ying Wang, Head of Distribution, IWPB
Ms Ying Wang has been appointed Head of Distribution, International Wealth and Premier Banking (IWPB), HSBC Singapore, effective 26 February 2026.
In this role, Ying will oversee all sales and service channels, including the International Wealth Hub, Direct Sales and Contact Centre. She will lead the team to focus on designing, unifying and scaling omnichannel distribution strategies, building a high-performance culture and delivering a seamless, end-to-end customer experience across all touchpoints.
Ying brings more than 20 years of experience spanning wealth management, product development, customer acquisition and digital channels across Singapore and China. Most recently, she served as Head of Wealth and Premier Solutions, HSBC China.
Appointment of Ms Irene Zeng
Irene Zeng, MD and Head of Business Development, China Corridor, CIB
Ms Irene Zeng has been appointed Managing Director, Head of Business Development, China Corridor, Corporate and Institutional Banking (CIB), effective 1 March 2026.
In this newly created role, Irene will focus on strengthening HSBC’s support for China business and entrepreneurs with cross-border needs as they expand into Singapore and the wider ASEAN region. She will work closely with CIB’s Global Network Banking team, as well as product and functional partners, to unlock new opportunities and deliver the full strength of HSBC’s global franchise for both corporate and institutional clients and Chinese entrepreneurs.
Irene has more than 25 years of experience in corporate and transaction banking. Since joining HSBC in 2007, she has held senior leadership roles across Global Payments Solutions in mainland China and Hong Kong. Most recently, she was Head of Global Payments Solutions, HSBC China.
Deepening China-ASEAN ties
The China-ASEAN business corridor shows strong potential, underpinned by resilient export growth, robust foreign direct investment, and deepening trade ties. Despite global uncertainty and US tariffs, ASEAN exports surged by 12% year-on-year and its share of global exports climbed to 9.4% in 2025, reflecting supply-chain diversification into the region. ASEAN now attracts 14.5% of global FDI and has been China’s largest trading partner for five consecutive years, with bilateral trade reaching USD984 billion in 2024.
These appointments underscore HSBC’s focus on capturing opportunities arising from deepening China-ASEAN trade and investment ties, while highlighting the strength of its global network and its ability to mobilise senior talent across markets.
Based in Singapore, Irene will report to Mr Gilbert Ng, Head of Banking - Singapore, CIB, while Ying will report to Ms Ashmita Acharya, Head of IWPB - Singapore.
Media enquiries:
Betty Fong | betty.c.y.fong@hsbc.com.sg | +65 6658 4103
Carol Chan | carol.a.chan@hsbc.com.sg | +65 6658 1138
The Hongkong and Shanghai Banking Corporation Limited
The Hongkong and Shanghai Banking Corporation Limited is the founding member of the HSBC Group. HSBC serves customers worldwide from offices in 56 countries and territories. With assets of US$3,233bn at 31 December 2025, HSBC is one of the world’s largest banking and financial services organisations. HSBC opened its first branch in Singapore in 1877 and is a qualifying full bank serving global wealth and corporate and institutional banking customers. In May 2016, HSBC subsidiarised its retail banking and wealth management business in Singapore and transferred the business into HSBC Bank (Singapore) Limited.