HSBC has announced the appointment of Daisy Tsang as the new Chief Executive Officer of HSBC Life Hong Kong, effective August 1, subject to regulatory approval.
Tsang, who brings over 20 years of experience with HSBC, will manage the company’s operations in Hong Kong and Macau. She will report directly to Edward Moncreiffe, CEO of Global Insurance at HSBC Holdings, and Maggie Ng, General Manager of Wealth and Personal Banking in Hong Kong.
Currently serving as Interim CEO and Chief Distribution and Customer Officer, Tsang has been a pivotal figure at HSBC Life since 2012. Under her leadership, the life insurance division has maintained a 26% market share in New Business Premiums and 20% in Annualised New Premiums in Hong Kong. Tsang has played a key role in relaunching the Macau distribution arm, expanding the broker channel and bancassurance model, and spearheading digital transformation efforts.
Tsang’s tenure with HSBC began in 2000 as a marketing executive, marking the start of her long and distinguished career with the company.
