HONG KONG, Sept 14 (Reuters) – Bank of America China has employed Wenjie Zhang as managing director and president, in line with a memo seen by Reuters.
Zhang might be primarily based in Shanghai and might be appointed as department supervisor of Bank of America Shanghai, topic to regulatory approval, the memo stated.
He joins the bank from HSBC, the place he was most just lately co-head of world banking and govt vice chairman of HSBC China.
A Bank of America spokeswoman confirmed the contents of the memo.
Reporting by Scott Murdoch in Hong Kong; Modifying by Kevin Liffey