HSBC has appointed Kanas Chan as head of global private banking, North Asia and Hong Kong, effective April 14.
Chan, who has three decades of experience in wealth management, will join HBSC from Deutsche Bank. In her new role, she will drive strategic growth priorities and performance for the private bank across Hong Kong, Taiwan and offshore mainland China markets.
Her leadership is expected to further enhance the bank’s already strong global private banking business in Asia, which has achieved record profits for full-year 2024. This success is marked by double-digit year-on-year revenue growth in every quarter, supported by a 21% increase in invested assets to US$199 billion.
Based in Hong Kong, Chan will report to Lok Yim, regional head, global private banking, Asia-Pacific, and Maggie Ng, head of wealth and personal banking, Hong Kong.
Chan joined Deutsche Bank in 2007 and has since held several senior positions in its wealth management business, most recently as head of North Asia for the private bank. Prior to that, she led capital markets business in wealth management, Asia-Pacific. Before joining Deutsche Bank, Chan worked at Citi Private Bank and DBS Private Bank.