HSBC has appointed a new head of its China operations, marking the latest top personnel change in the country following a row with Beijing and the departure of its greater China head.
Mark Wang, who currently leads HSBC’s investment bank in China, will become its president and chief executive in the country, the London-based bank said on Wednesday.
David Liao, who has served as chief executive in China for several years, will leave the role to take up another senior position within the bank, according to an announcement.
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