Vincent Cheng Hoi-Chuen born 16th 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.
His public service duties included serving as Chairman of the Standing Committee on Directorate Salaries and Conditions of Service for the Government of the Hong Kong Special Administrative Region and Member of the Exchange Fund Advisory Committee of the Hong Kong Monetary Authority. He was also the Honorary President of the Hong Kong Society for Rehabilitation.
Vincent Cheng Family
There is no information regarding Mr Cheng’s family as of now.
Vincent Cheng Education
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.
Vincent Cheng Salary
After returning to Hong Kong in 1978, he took up an offer to work as an economist at HSBC. He made a modest monthly salary of HK$3,000 (US$382) at the time but we currently have no information about the salary he earned at his recent job before passing.
Vincent Cheng House
There is currently no news about his houses or properties owned.
Vincent Cheng’s Net Worth
At the time of the death of Vincent Cheng, he had an estimated net worth of $4.50 million which is equivalent to 31.14 million Chinese Yuan.