Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Bank of Asia Appoints Senior Bank Executive Lisa Lou as President

Bank of Asia Appoints Senior Bank Executive Lisa Lou as President

Bank of Asia (BVI) Limited (the "Bank"), the only licensed bank in the British Virgin Islands ("BVI") serving global offshore companies and individuals using its digital platform, today announced the appointment of Lisa Lou as President effective 1 August 2020.

Lisa will be based in the BVI, oversee the Bank's global operations and lead the development and delivery of banking services to offshore companies, trusts, family offices and ultra-high-net-worth individuals from around the world.

She will work closely with Carson Wen, the Bank's Founder and Chairman, the Board and teams across regions to build out the Bank's innovative corporate and investment banking, digital asset servicing, fintech-powered investment and asset management services.

Given the travel restrictions and the need to develop the market for the Bank in the Asian market, Lisa will work remotely until the requisite permits are obtained and the travel restrictions to the BVI are removed.

Commenting, Carson Wen, Founder and Chairman of Bank of Asia, said: "On behalf of the Board, I am delighted to welcome someone of Lisa's calibre to lead our fast-growing global bank. Since our official launch in July 2018, we have invested in cutting-edge fintech tools and services that are enabling our customers to significantly reduce costs and navigate on-boarding and transactions processes with ease."

"Technology is revolutionising the global banking and finance industry and Bank of Asia is well positioned to develop itself into a new generation fintech bank and seize the growth opportunities that exist.

We are seeing frequent transactions undertaken by the growing number of customers using our recently launched payment channel "BOA Pay", and we are looking forward to a period of robust growth for Bank of Asia under Lisa's leadership with the full support of the Board and the team.

I am confident that Lisa's vision and proven leadership, extensive blue-chip banking experience and intimate understanding of our target customers, will prove invaluable as we enter the next phase of our growth," Carson Wen added.

Lorna Smith, OBE, Vice Chairman Bank of Asia, said: "Bank of Asia has been an exemplar of strong environmental, social and governance policies and practices. It emphasises on giving back to the BVI community, such as donating to youth education programmes and most recently, providing thousands of protective medical supplies to fight COVID-19.

The appointment of a very widely experienced Asian executive to lead a major bank in the BVI enhances what is already a strong multi-cultural team and underscores the Bank's unwavering commitment to building a stronger global community."

Lisa Lou, President, commented: "Bank of Asia's unique positioning as a fintech enabled bank, its distinguished Chairman, its forward-looking board, and its innovative and fintech-driven culture, were the overriding factors for me to join the bank."

Continuing, she said: "As the world wrestles with a pandemic that is wreaking havoc on markets and economies, new impetus is being placed on innovation in the financial ecosystem. Bank of Asia's focus on delivering advanced digital banking and global asset management solutions anytime, anywhere, leaves it well-positioned to capture new customers in an increasingly cashless world."

Prior to joining Bank of Asia, Lisa was the Senior Managing Director, China country manager and Beijing Branch Manager at State Street Bank. Before that, she spent six years at JP Morgan Chase Bank China as Managing Director, Country head of Financial Institutions and Public Sector Clients, and General Manager of Beijing. During her 20-year career, she has also held senior roles at Standard Chartered Bank China and HSBC Australia.

About Bank of Asia


Bank of Asia provides banking and asset management services to companies, high net worth individuals, family offices and trusts across the globe, especially those with interests in offshore jurisdictions, through its digital platform.

The Bank's vision is to change the way people bank through delivering cost effective, efficient and user-friendly FinTech solutions, underpinned by innovative technologies and robust multi-layered in the Know Your Customer and Anti Money Laundering process.

In addition to general banking services such as deposits and loans in multiple currencies, cross-border payments and remittance, it also provides investment banking, corporate advisory and structured financing, private banking, insurance, investment and asset management services through its business partners.

Bank of Asia is licensed and regulated by the Financial Services Commission of the British Virgin Islands (BVI FSC).

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Satirical Sketch Sparks Political Spouse Feud in South Korea
Indonesia Quarry Collapse Leaves Multiple Dead and Missing
South Korean Election Video Pulled Amid Misogyny Outcry
Asian Economies Shift Away from US Dollar Amid Trade Tensions
Netflix Investigates Allegations of On-Set Mistreatment in K-Drama Production
US Defence Chief Reaffirms Strong Ties with Singapore Amid Regional Tensions
Vietnam Faces Strategic Dilemma Over China's Mekong River Projects
Malaysia's First AI Preacher Sparks Debate on Islamic Principles
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
Russia's Fossil Fuel Revenues Approach €900 Billion Since Ukraine Invasion
Alcohol Industry Faces Increased Scrutiny Amid Health Concerns
U.S. Goods Imports Plunge Nearly 20% Amid Tariff Disruptions
Italy Faces Population Decline Amid Youth Emigration
Trump Accuses China of Violating Trade Agreement
OpenAI Faces Competition from Cheaper AI Rivals
Foreign Tax Provision in U.S. Budget Bill Alarms Investors
Russia Accuses Serbia of Supplying Arms to Ukraine
Gerry Adams Wins Libel Case Against BBC
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
EU Majority Demands Hungary Reverse Anti-LGBTQ+ Laws
Top Hotel Picks for 2025 Stays in Budapest Revealed
Iron Maiden Unveils 2025 Tour Setlist in Budapest
Chinese Film Week Opens in Budapest to Promote Cultural Exchange
Budapest Airport Launches Direct Flights to Shymkent
Von der Leyen Denies Urging EU Officials to Skip Budapest Pride
Alcaraz and Sinner Advance with Convincing Wins at Roland Garros
EU Ministers Lack Consensus on Sanctioning Hungary Over Rule of Law
EU Nations Urge Action Against Hungary's Pride Parade Ban
Putin's Helicopter Reportedly Targeted by Ukrainian Drones
U.S. Considers Withdrawing Troops from Europe
Russia Deploys Motorbike Squads in Ukraine Conflict
Critics Accuse European Court of Human Rights of Overreach
Spain Proposes 100% Tax on Non-EU Holiday Home Purchases
German Intelligence Labels AfD as Far-Right Extremist
Geert Wilders Threatens Dutch Coalition Over Migration Policy
Hungary Faces Multiple Challenges Amid EU Tensions and Political Shifts
Denmark Increases Retirement Age to 70, Setting a European Precedent
Any trade deal with US must be based on respect not threats', says EU commissioner
UK Leads in Remote Work Adoption, Averaging 1.8 Days a Week
Thirteen Killed in Russian Attacks Across Ukraine
High-Profile Incidents and Political Developments Dominate Global News
Netanyahu Accuses Western Leaders of 'Emboldening Hamas'
Ukraine and Russia Conduct Largest Prisoner Exchange of the War
×