Hong Kong Banking Report 2021 Webinar

Hong Kong Banking Report 2021 Webinar

The banking sector remained resilient in 2020, with continued growth seen in its overall balance sheet despite a challenging year for the overall economy, with low interest rates weighing heavily on results. Cost management remained an essential focus for banks in Hong Kong to monitor and improve profitability, according to the recently launched KPMG Hong Kong Banking Report 2021.

The Australian Chamber of Commerce is delighted to invite KPMG’s banking experts to share the sector’s financial highlights in 2020, and reflect on the current position of the Hong Kong banking sector and its future prospects. They will also share their views on the key trends impacting the sector in the medium and long term, such as ESG, transformation, wealth management and Hong Kong’s continued role as a premier international financial centre and connector.

Please note: The views, thoughts, and opinions expressed by the speaker(s) belong solely to the speaker, and are not representative of the Australian Chamber of Commerce in Hong Kong.


Wed, July 21, 2021


12:30 PM - 01:30 PM



Webinar - Access link will be sent to registered guests one hour ahead of the event


Member: $140.00

Non-Member: $250.00


Terence Fong
Head of Chinese Banks | KPMG China

Terence joined KPMG Hong Kong in 1993 and moved to Beijing in 2005. He has worked in audit and advisory roles and lead the Internal Audit, Risk & Compliance Services practice for financial institutions of KPMG Northern China region. He has extensive experience in bank treasury function, internal controls, market risk and credit risk management. Terence has been relocated back to Hong Kong in 2015 and currently in charge the services for Chinese financial institutions in Hong Kong.

Paul McSheaffrey
Partner Financial Services | KPMG China

Paul has over 16 years’ experience in Hong Kong serving a wide range of financial institutions, having previously worked for KPMG in the UK for eight years. As the Head of Banking & Capital Markets, Paul has worked with a variety of clients in Hong Kong and across Asia advising them on a range of matters. Paul’s clients comprise institutions in retail/commercial banking, private wealth management and investment banking with a particular focus on international groups’ operations in Asia. Paul has worked extensively on the audits of large financial institutions in Hong Kong and regularly advised on financial reporting matters. Paul oversees relationships and all services across his clients with a personal focus on advising clients how to strengthen and improve their governance, risk management and compliance processes, particularly in relation to matters around Conduct Risk. In the past he has advised clients on IPO sponsor processes, financial crime and reporting, both regulatory and external. Paul regularly engages with regulators, principally the HKMA, sharing views on industry and client matters. Paul is Treasurer of the British Chamber of Commerce and a member of the Private Wealth Management Association Accreditation and Examination Committee.

Edna Wong
Wealth and Banking Advisory | KPMG China

Edna has over 10 years experience providing advisory services to financial institutions, covering a range of topics on regulatory compliance and internal controls. Very familiar with regulatory requirements and expectations and experienced in communications with regulators.

Pat Woo
Head of Sustainable Finance | KPMG China

Pat Woo is a Partner, Head of Sustainable Finance, Hong Kong at KPMG China and is the Global Co-Chair for Sustainable Finance for KPMG IMPACT. He also leads the Sustainable Finance practice in Hong Kong and is very active in developing the ESG landscape for Hong Kong and international financial centres in the region.


Pat has been active for over 14 years in the field of sustainable development. Pat has chaired a number of working groups on the development of ESG strategy for Hong Kong for the Financial Services Development Council. The working groups have issued 2 policy papers during his term and the recommendations made aiming to catalyse the development of the sustainable finance market in Hong Kong have been well received. He is also Chairs the Environmental and Energy Committee at the British Chamber of Commerce in Hong Kong.

Isabel Zisselsberger
Head of Strategy and Performance Financial Services | KPMG China

Isabel is a Partner in KPMG’s Consulting practice in Hong Kong. She has been with KPMG for 20 years and has experience in delivering banking business and technology consulting services in Europe and Asia. She is also the Head of Strategy and Performance Consulting for financial services in Hong Kong.


Isabel helps companies design and implement innovative large-scale transformation programmes to streamline their front to back operations, achieve better enterprise performance and deliver business benefits that bring value to the organisation. She works with wealth managers, banks, insurers and asset managers in Asia and Europe.