Hong Kong’s virtual bank ZA announced the appointment of Ronald Iu as its Chief Executive Officer and Executive Director. He succeeds Rockson Hsu who has stepped down to pursue other opportunities.

Ronald 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.

The bank said that it will announce the appointment of a new Chief Risk Officer in due course.

Ronald has over two decades of experience in banking and finance, ranging from risk management, sales and marketing to the development of innovative fintech products.

Prior to joining the ZA family, Ronald was Chief Executive 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.

ZA Bank said in a statement,

“The Board of ZA Bank would like to express its sincere gratitude to Rockson for his contribution to building ZA Bank as a leading digital bank in Hong Kong, and congratulate Ronald on his appointment.”