Digital Banking: ZA Bank Appoints New CEO

ZA Bank Limited, one of the first regulated digital banks in Hong Kong, has announced the appointment of Ronald Iu as Chief Executive Officer and Executive Director.

According to the bank, Iu joined ZA International, the parent company of ZA Bank, as Chief Strategy Officer in February 2022, and later became Chief Risk Officer of ZA Bank. He has over two decades of experience in banking and finance, ranging from risk management, sales, and marketing to developing innovative Fintech products.

Prior to his executive positions at ZA, Iu was the CEO of Airstar Bank. He also served as senior management in various global and local financial institutions, including GE Capital (HK), China CITIC Bank International, Standard Chartered, and PrimeCredit.

Iu succeeds Rockson Hsu, who has stepped down as CEO and Executive Director of ZA Bank to pursue new opportunities, according to the bank.

ZA Bank said it will announce the appointment of a new CRO in due course.

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