Vincent Cheng
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Vincent Cheng GBS JP OBE |
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| Unofficial Member of the Legislative Council |
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In office 1991 – 1995 |
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| Appointed by | Sir David Wilson |
| Personal details | |
| Born |
16 July 1948  Hong Kong
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| Alma mater |
Kowloon Technical School Chinese University of Hong Kong University of Auckland |
| Vincent Cheng | |||||||||||||||||||
| Traditional Chinese | 鄭海泉 | ||||||||||||||||||
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| Simplified Chinese | 郑海泉 | ||||||||||||||||||
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| Transcriptions | |
|---|---|
| Standard Mandarin | |
| Hanyu Pinyin | Zhèng Hǎiquán |
| Wade–Giles | Cheng Hai-ch'üan |
| IPA | [ʈʂə̂ŋ xàitɕʰɥɛ̌n] |
| Yue: Cantonese | |
| Yale Romanization | Jehng Hoí Chyùhn |
| IPA | [tsɛ̀ːŋ hɔ̌ːi tɕʰy̏ːn] |
| Jyutping | Zeng6 Hoi2cyun4 |
Vincent Cheng Hoi-Chuen GBS OBE JP (Chinese: 鄭海泉, born 16 July 1948 in Hong Kong) was the first Chinese Executive Director of HSBC Holdings plc. He was also the first Chinese Chairman of The Hongkong and Shanghai Banking Corporation Limited from 2005 to 2010.
Cheng grew up in a poor family of six, despite difficult circumstances and having been crippled by polio at a young age. He was educated in Hong Kong and in New Zealand, receiving his Bachelor of Social Science in Economics from the Chinese University of Hong Kong and a Master of Philosophy in Economics from the University of Auckland
Cheng joined The Hongkong and Shanghai Banking Corporation in 1978, when he worked in the Group Finance department. In 1982 he moved to the Bank's Group Planning department, before he was appointed Chief Economist in 1986. From April 1989 to April 1991, he was seconded to the Hong Kong Government's Central Policy Unit and acted as an adviser to the Governor of Hong Kong. He took up the post of General Manager in June 1995 and then the first Chinese Executive Director of the Bank in November that same year.
He was appointed Vice-Chairman and Chief Executive of Hang Seng Bank in 1998. On 25 May 2005, he became Chairman of The Hongkong and Shanghai Banking Corporation, taking over from David Eldon. He also became the Managing Director of HSBC Group and the Director of HSBC Bank Australia Limited. On April 1, 2007, he became Chairman of the HSBC Bank (China) Company Limited. He has also been appointed the first Chinese Executive Director of HSBC Holdings on February 1, 2008.
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