The Board has set up five committees, namely, Executive Committee, Audit Committee, Risk Committee, Remuneration Committee and Nomination Committee.

 

Executive Committee

The Executive Committee meets regularly and operates as a general management committee under the direct authority of the Board.

 

Composition
Chairman:	Ms Diana Cesar (Executive Director and Chief Executive)
Members:	Ms Kathy K W Cheung (Chief Risk Officer) Mr Jordan W C Cheung (Chief Marketing Officer) Ms Vivien W M Chiu (Chief Operating Officer) Ms Rose M Cho (Head of Global Banking) Ms Liz T L Chow (Head of Global Markets) Ms Gloria L S Ho (Head of Human Resources) Mr Donald Y S Lam (Head of Commercial Banking) Ms Betty S M Law (Head of Communications and Corporate Sustainability) Mr Gilbert M L Lee (Head of Strategy & Planning and Chief of Staff to CE) Ms Rannie W L Lee (Head of Wealth and Personal Banking) Mr Godwin C C Li (Company Secretary and General Counsel) Ms Saw Say Pin (Executive Director and Chief Financial Officer) Mr Ryan Y S Song (Vice-Chairman and Chief Executive of Hang Seng Bank (China) Limited) Mr Christopher H K Tsang (Chief Compliance Officer)

 

Audit Committee

The Audit Committee is responsible for non-executive oversight of and advice to the Board on matters relating to financial reporting.

 

Composition
Chairman:	Mr Clement K M Kwok
Members:	Ms Irene Y L Lee Ms Xiao Bin Wang

The Chairman and all members of the Committee are Independent Non-executive Directors of the Bank.

Terms of Reference

 

 

Risk Committee

The Risk Committee is responsible for advising the Board on high-level risk related matters and risk governance and for non-executive oversight of risk management, compliance and internal controls (other than over financial reporting).

 

Composition
Chairman	Mr Kenneth S Y Ng
Members:	Ms Irene Y L Lee Ms Huey Ru Lin Mr Michael W K Wu

The Chairman and all members of the Committee are Independent Non-executive Directors of the Bank.

Terms of Reference

 

 

Remuneration Committee

The Remuneration Committee meets regularly to consider human resources issues and to make recommendations to the Board on, among others, the Bank's policy and structure for all remuneration of Directors, senior management and key personnel in order to attract, motivate and retain them. The Committee reviews annually and independently of the Management, the adequacy and effectiveness of the Bank's remuneration policy and its implementation to ensure that the Bank's remuneration policy is consistent with regulatory requirements and promote effective risk management.

 

Composition
Chairman:	Mr Michael W K Wu
Members:	Ms Cordelia Chung Ms Irene Y L Lee

The Chairman and all members of the Committee are Independent Non-executive Directors of the Bank.

Terms of Reference

 

 

Nomination Committee

The Nomination Committee meets regularly with primary objective to lead the process for Board appointments, and to identify and nominate candidates for appointment to the Board, for the approval of the Board.

 

Composition
Chairman:	Ms Irene Y L Lee
Members:	Ms Diana Cesar Ms Patricia S W Lam Mr David Y C Liao Mr Kenneth S Y Ng Mr Michael W K Wu

The majority of the members of the Committee are Independent Non-executive Directors of the Bank.

Terms of Reference