The appointments are designed to work on a particular group of Chinese business figures who are expanding into Singapore and the surrounding marketplace.

HSBC in Singapore has appointed two figures to strengthen its “China corridor proposition,” working with Chinese businesses and entrepreneurs as they expand into Singapore and across Southeast Asia.

The bank has appointed Ying Wang (pictured below) as distribution head for International Wealth and Premier Banking (IWPB) and named Irene Zeng (pictured below) as managing director and business development head, China Corridor in its Corporate and Institutional Banking (CIB) division. 

Ying Wang

Irene Zeng

“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,” Wong Kee Joo, CEO, HSBC Singapore said in a statement. 

This news service has reflected on the use of the term "corridor" to describe the linkages that banks, and their various hubs, have with particular types of client.