Vincent Cheng Hoi-Chuen
{{Family name hatnote|Cheng|Vincent Cheng|Cheng Hoi-Chuen|lang=Hong Kong}}
{{Short description|Hong Kong banker (1948–2022)}}
{{EngvarB|date=June 2017}}
{{Use dmy dates|date=June 2017}}
{{Infobox Officeholder
|honorific-prefix=
|name=Vincent Cheng
|office=Chairman of the Council of the Chinese University of Hong Kong
|term_start=24 October 2009
|term_end=24 October 2015
|predecessor=Edgar Cheng
|successor=Norman Leung
|office1=Chairman of The Hongkong and Shanghai Banking Corporation Limited
|term_start1=25 May 2005
|term_end1=1 Feb 2010
|predecessor1=David Gordon Eldon
|successor1=Michael Geoghegan
|office2=Unofficial Member of the
Legislative Council
|term_end2=1995
|appointed2=Sir David Wilson
|birth_date={{birth date|df=yes|1948|7|16}}
|birth_place=Hong Kong
|death_date={{death date and age|df=yes|2022|8|28|1948|7|16}}
|death_place=
|alma_mater=Kowloon Technical School
Chinese University of Hong Kong
University of Auckland
}}
{{Infobox Chinese
|showflag=t
|t=鄭海泉
|s=郑海泉
|p=Zhèng Hǎiquán
|w=Cheng Hai-ch'üan
|mi={{IPAc-cmn|zh|eng|4|-|h|ai|3|quan|2}}
|ci={{IPA|yue|tsɛ̀ːŋ hɔ̌ːi tɕʰy̏ːn|}}
|j=Zeng6 Hoi2cyun4
|y=Jehng Hoí Chyùhn
}}
Vincent Cheng Hoi-Chuen GBS OBE JP ({{zh|t=鄭海泉}}, 16 July 1948 – 28 August 2022) was a Hong Kong banker who was an executive director of HSBC Holdings plc. He was also chairman of The Hongkong and Shanghai Banking Corporation Limited, the Asia-Pacific branch of HSBC, and founding member of the group, from 2005 to 2010.
Early years and education
Cheng grew up in a poor family of six, despite difficult circumstances and having been crippled by polio at a young age. 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 (CUHK) and a Master of Philosophy in Economics from the University of Auckland.
Career
Cheng joined The Hongkong and Shanghai Banking Corporation in 1978, when he worked in the Group Finance department. In 1982 he moved to the Bank's Group Planning department, before he was appointed Chief Economist in 1986. From April 1989 to April 1991, he was seconded to the Hong Kong Government's Central Policy Unit and acted as an adviser to the Governor of Hong Kong.{{cite web |url= http://investing.businessweek.com/research/stocks/people/person.asp?personId=8055018&ticker=HBC:US |archive-url= https://archive.today/20120720234831/http://investing.businessweek.com/research/stocks/people/person.asp?personId=8055018&ticker=HBC:US |url-status= dead |archive-date= 20 July 2012 |title=Vincent Cheng: Executive Profile & Biography – BusinessWeek|work=Bloomberg BusinessWeek |year=2011 |access-date=31 March 2011}} He took up the post of general manager in June 1995 and then the first ethnic Chinese Executive Director of the Bank in November that same year.
He was appointed vice-chairman and Chief Executive of Hang Seng Bank, a bank which The Hongkong and Shanghai Banking Corporation holds majority stake, in 1998. On 25 May 2005, he became Chairman of The Hongkong and Shanghai Banking Corporation, taking over from David Eldon. He also became the managing director of HSBC Group and the Director of HSBC Bank Australia Limited.{{clarification needed|date=January 2023}} On 1 April 2007, he became Chairman of the HSBC Bank (China) Company Limited. He has also been appointed the first ethnic Chinese Executive Director of HSBC Holdings on 1 February 2008.
In January 2008, he was appointed a member of the National Committee of the 11th Chinese People's Political Consultative Conference (CPPCC), and a senior advisor to the 11th Beijing Municipal Committee of the CPPCC.{{cite news |date=2022-08-29 |title=滙控前執董鄭海泉辭世 滙豐史上首位華人主席 享年74歲 |url=https://www.hk01.com/財經快訊/808882/ |accessdate=2022-08-29 |work=香港01}}{{cite news |date=2022-08-29 |title=【鄭海泉離世】滙豐前大班鄭海泉是獅子山下的成功故事 幼時水果攤做功課、居深水埗舊樓 「往往謙稱自己幸運」 |url=https://inews.hket.com/article/3340463/ |archive-url=https://web.archive.org/web/20220922001444/https://inews.hket.com/article/3340463 |archive-date=2022-09-22 |accessdate=2022-08-29 |work=香港經濟日報 |url-status=live}}
His previous government advisory roles have included Member of the Executive Council from 1995 to 1997 and a Hong Kong Affairs Adviser to the People's Republic of China from 1994 to 1997.
He was also a member of the Legislative Council of Hong Kong from 1991 to 1995.{{cite news |date=2022-08-29 |title=滙控前執董鄭海泉辭世 滙豐史上首位華人主席 享年74歲 |url=https://www.hk01.com/財經快訊/808882/ |accessdate=2022-08-29 |work=香港01}}{{cite news |date=2022-08-29 |title=【鄭海泉離世】滙豐前大班鄭海泉是獅子山下的成功故事 幼時水果攤做功課、居深水埗舊樓 「往往謙稱自己幸運」 |url=https://inews.hket.com/article/3340463/ |archive-url=https://web.archive.org/web/20220922001444/https://inews.hket.com/article/3340463 |archive-date=2022-09-22 |accessdate=2022-08-29 |work=香港經濟日報 |url-status=live}}
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 Honorary President of the Hong Kong Society for Rehabilitation.劉美儀,[https://hk.finance.appledaily.com/finance/daily/article/20110524/15279885 "滙豐首位華人大班榮休 鄭海泉話當年「俾浦偉士鬧 仍敬愛他」"] {{webarchive|url=https://web.archive.org/web/20171107021808/https://hk.finance.appledaily.com/finance/daily/article/20110524/15279885}},蘋果日報,2011年5月24日
On August 28, 2022, Vincent CHENG died at the age of 74 at the Happy Valley Sanatorium and Hospital{{Cite news |date=2022-08-29 |title=據報匯豐前亞太區主席鄭海泉昨晚離世 |url=https://finance.mingpao.com/fin/instantf/20220829/1661735541137/%E6%93%9A%E5%A0%B1%E5%8C%AF%E8%B1%90%E5%89%8D%E4%BA%9E%E5%A4%AA%E5%8D%80%E4%B8%BB%E5%B8%AD%E9%84%AD%E6%B5%B7%E6%B3%89%E6%98%A8%E6%99%9A%E9%9B%A2%E4%B8%96 |archive-url=https://web.archive.org/web/20220830133800/https://finance.mingpao.com/fin/instantf/20220829/1661735541137/%e6%93%9a%e5%a0%b1%e5%8c%af%e8%b1%90%e5%89%8d%e4%ba%9e%e5%a4%aa%e5%8d%80%e4%b8%bb%e5%b8%ad%e9%84%ad%e6%b5%b7%e6%b3%89%e6%98%a8%e6%99%9a%e9%9b%a2%e4%b8%96 |archive-date=2022-08-30 |access-date=2022-08-29 |website= |publisher=明報 |language=zh |url-status=live}}, with media reports suggesting that he had suffered from nasopharyngeal cancer before his death.{{cite news |date=2022-08-29 |title=鄭海泉逝世 李家超讚多領域貢獻 陳茂波不捨中大師兄：後輩榜樣 |url=https://www.hk01.com/%E6%94%BF%E6%83%85/809081/%E9%84%AD%E6%B5%B7%E6%B3%89%E9%80%9D%E4%B8%96-%E6%9D%8E%E5%AE%B6%E8%B6%85%E8%AE%9A%E5%A4%9A%E9%A0%98%E5%9F%9F%E8%B2%A2%E7%8D%BB-%E9%99%B3%E8%8C%82%E6%B3%A2%E4%B8%8D%E6%8D%A8%E4%B8%AD%E5%A4%A7%E5%B8%AB%E5%85%84-%E5%BE%8C%E8%BC%A9%E6%A6%9C%E6%A8%A3 |archive-url=https://web.archive.org/web/20221208114155/https://www.hk01.com/%E6%94%BF%E6%83%85/809081/%E9%84%AD%E6%B5%B7%E6%B3%89%E9%80%9D%E4%B8%96-%E6%9D%8E%E5%AE%B6%E8%B6%85%E8%AE%9A%E5%A4%9A%E9%A0%98%E5%9F%9F%E8%B2%A2%E7%8D%BB-%E9%99%B3%E8%8C%82%E6%B3%A2%E4%B8%8D%E6%8D%A8%E4%B8%AD%E5%A4%A7%E5%B8%AB%E5%85%84-%E5%BE%8C%E8%BC%A9%E6%A6%9C%E6%A8%A3 |archive-date=2022-12-08 |accessdate=2022-08-30 |newspaper=香港01 |page= |language= |quote= |url-status=live}}
On September 21, 2022, the repose service of Mr. Cheng was held at St. John's Cathedral of the Sheng Kung Hui, supported by the Financial Secretary Mr. Paul Chan Mo-po, Executive Council member Mr. Moses Cheng Mo-chi, and the Vice-Chancellor of The Chinese University of Hong Kong Mr. and Mrs. Duan Chongzhi. Former Chief Executive Mr. and Mrs. Donald Tsang, Liberal Party Legislative Councillor Tommy Cheung, and Pragmatic Round Table Legislative Councillor Michael Tien were present to pay homage.
Cheng had been appointed the Justice of the Peace, Officer of the Most Excellent Order of the British Empire (OBE) (1994), and Gold Bauhinia Star (GBS) (2005).
Death
References
{{reflist|
refs=
{{Cite news
|url = http://www.singtao.com/archive/fullstory.asp?id=20090926a02
|script-title = zh:鄭海泉主中台 王冬勝掌港區
|trans-title = Vincent Cheng takes China and Taiwan; Peter Wong takes Hong Kong
|work = Sing Tao Daily
|date = 26 September 2009
|archive-url = https://web.archive.org/web/20110721230950/http://www.singtao.com/archive/fullstory.asp?id=20090926a02
|archive-date = 21 July 2011
|language = zh
|access-date = 5 January 2011
|url-status = live
|df = dmy-all
}}
{{Cite news
|url = http://www.chinadaily.com.cn/china/2008npc/2008-02/29/content_6495458.htm
|title = Meet some freshmen and a freshwoman
|work = 2008 NPC & CPPCC Session
|date = 29 February 2008
|archive-url = https://web.archive.org/web/20121013222955/http://www.chinadaily.com.cn/china/2008npc/2008-02/29/content_6495458.htm
|archive-date = 13 October 2012
|access-date = 23 January 2009
|url-status = live
|df = dmy-all
}}
{{Cite news
|work = TalkAsia
|publisher = CNN
|url = http://www.cnn.com/2005/WORLD/asiapcf/10/07/talkasia.cheng.script/index.html
|title = Vincent Cheng Talkasia Transcript
|date = 7 October 2005
|archive-url = https://web.archive.org/web/20121105112353/http://www.cnn.com/2005/WORLD/asiapcf/10/07/talkasia.cheng.script/index.html
|archive-date = 5 November 2012
|access-date = 23 January 2009
|url-status = live
|df = dmy-all
}}
{{Cite web
|url = http://www.info.gov.hk/hkma/eng/hkma/advisory/vincent_b.htm
|title = Vincent H C Cheng, GBS, OBE, JP
|work = The Exchange Fund Advisory Committee (EFAC)
|author = Hong Kong Monetary Authority
|date = February 2008
|archive-url = https://web.archive.org/web/20090814171730/http://www.info.gov.hk/hkma/eng/hkma/advisory/vincent_b.htm
|archive-date = 14 August 2009
|access-date = 5 January 2011
|url-status = live
|df = dmy-all
}}
{{Cite news
|work = Ming Pao
|url = http://ieemdai.blogspot.com/2011/01/blog-post_6352.html
|script-title = zh:華叔精心設計的支聯會
|trans-title = Uncle Wah's craftful design for the Alliance
|date = 5 January 2011
|archive-url = https://archive.today/20110105052041/http://ieemdai.blogspot.com/2011/01/blog-post_6352.html
|archive-date = 5 January 2011
|language = zh
|access-date = 5 January 2011
|url-status = live
|df = dmy-all
}}
{{cite news
|work = Hong Kong Economic Times
|url = https://inews.hket.com/article/3339794/%E3%80%90%E6%BB%99%E8%B1%90HSBC%E3%80%91%E6%93%9A%E5%A0%B1%E6%BB%99%E8%B1%90%E5%89%8D%E4%BA%9E%E5%A4%AA%E5%8D%80%E4%B8%BB%E5%B8%AD%E9%84%AD%E6%B5%B7%E6%B3%89%E9%9B%A2%E4%B8%96%E3%80%80%E7%B5%82%E5%B9%B474%E6%AD%B2
|script-title = zh:【滙豐HSBC】據報滙豐前亞太區主席鄭海泉離世 終年74歲
|trans-title = [HSBC] Former president of the HSBC Asia Pacific Vincent Cheng reportedly dies, aged 74
|date = 29 August 2022
|language = zh
|access-date = 29 August 2022
}}
}}
{{s-start}}
{{s-aca}}
{{s-bef|before=Dr Edgar W.K. Cheng}}
{{s-ttl | title = Chairman of the Council of the Chinese University of Hong Kong
| years = 2009–2015}}
{{s-aft | after = TBA{{outdated inline|date=January 2023}}}}
{{s-prec}}
{{s-bef|before = Yeoh Eng-kiong
Recipients of the Gold Bauhinia Star}}
{{s-ttl|title = Hong Kong order of precedence
Recipients of the Gold Bauhinia Star}}
{{s-aft|after = Eric Charles Barnes
Recipients of the Gold Bauhinia Star}}
{{s-end}}
{{HSBC Group}}
{{HSBC Chairmen and CEOs}}
{{DEFAULTSORT:Cheng, Vincent}}
Category:Hong Kong chief executives
Category:Alumni of the Chinese University of Hong Kong
Category:University of Auckland alumni
Category:Officers of the Order of the British Empire
Category:Hong Kong financial businesspeople
Category:Members of the Executive Council of Hong Kong
Category:HK LegCo Members 1991–1995
Category:Members of the 11th Chinese People's Political Consultative Conference
Category:Members of the Selection Committee of Hong Kong
Category:District councillors of Yuen Long District