Calvin Ng

ZA Bank has appointed Calvin Ng as its new chief executive officer, effective March 27. He will lead the bank’s continued growth and innovation in Hong Kong’s digital banking space. He has served as the bank’s executive director since September 2022.

Ng succeeds Ronald Iu, who has stepped down as CEO and executive director.  The board thanked Iu for his contribution and wished him success in his future endeavours.

As a founding member of ZA Bank, Ng deeply understands the bank’s business, culture and vision. He has played a key role in several major milestones for the bank, from applying for a digital banking licence in Hong Kong and ZA Bank’s official launch to its emergence as a leading digital bank in the city, serving over 800,000 users.

Under Ng’s leadership, ZA Bank became Asia’s first licensed bank to offer cryptocurrency trading services to retail investors, successfully expanding innovative financial services into new areas and bringing more diverse choices to users, the bank says in a statement.

As a key figure in managing the bank’s retail business, Ng is responsible for formulating the overall business strategies, product roadmaps, and growth plans, with a strong focus on enhancing user experience and driving it sustainable growth in a steady and paced manner.