Helen Wong replaces Richard Yorke as HSBC China CEO

HSBC has appointed Helen Wong as president and chief executive officer of the bank's operations in China. Wong, who is currently the deputy CEO and an executive director of the board of HSBC China, will succeed Richard Yorke, whose next move will be announced in due course, the bank said in a statement released last Friday.

The appointment will become effective upon obtaining regulatory approvals. 

Wong will be based in Shanghai, where the bank's China headquarters are located, and will report to Peter Wong, the bank's Asia-Pacific CEO.

"China is a key focus of our emerging markets strategy and the growth engine of the global economy. Helen's extensive banking experience and knowledge of the Greater China region will continue to build on our position as the leading international bank in China," Peter Wong, said in the statement.