ZA Bank has officially named Calvin Ng as its new Chief Executive Officer, effective March 27. This move marks a significant step in the bank’s journey as it continues to lead innovation and drive growth in Hong Kong’s digital banking sector. Calvin Ng, who has been an integral part of ZA Bank since its inception, previously served as an executive director since September 2022.
In an announcement, the bank also revealed that Ronald Iu, the former CEO and executive director, has stepped down from his position.
As a founding member of ZA Bank, Calvin Ng has been instrumental in some of the institution’s most important milestones. From securing a digital banking license in Hong Kong to the official launch of the bank, Ng’s leadership has helped ZA Bank emerge as a pioneering digital bank, now serving over 800,000 users.
Ng’s visionary leadership was key to ZA Bank becoming the first licensed bank in Asia (excluding West Asia) to offer cryptocurrency trading services to retail investors. As the driving force behind the bank’s retail business, Ng has played a pivotal role in shaping the bank’s business strategies, product development, and growth initiatives. With a deep focus on enhancing user experience, he has positioned ZA Bank for sustainable and measured growth in an ever-evolving digital landscape.
The Board of ZA Bank expressed confidence in Ng’s leadership, stating, “We are confident that [Ng] will further drive fintech innovation alongside robust risk management, lead ZA Bank in breaking new ground, and deliver a safer, more reliable, and more convenient one-stop digital banking experience for our users.”
Under his leadership, ZA Bank aims to continue pushing boundaries in the fintech space while maintaining a strong focus on security and customer satisfaction.
Also read: Viksit Workforce for a Viksit Bharat
Do Follow: The Mainstream formerly known as CIO News LinkedIn Account | The Mainstream formerly known as CIO News Facebook | The Mainstream formerly known as CIO News Youtube | The Mainstream formerly known as CIO News Twitter
About us:
The Mainstream formerly known as CIO News is a premier platform dedicated to delivering latest news, updates, and insights from the tech industry. With its strong foundation of intellectual property and thought leadership, the platform is well-positioned to stay ahead of the curve and lead conversations about how technology shapes our world. From its early days as CIO News to its rebranding as The Mainstream on November 28, 2024, it has been expanding its global reach, targeting key markets in the Middle East & Africa, ASEAN, the USA, and the UK. The Mainstream is a vision to put technology at the center of every conversation, inspiring professionals and organizations to embrace the future of tech.
