AEMovers Hong Kong has been awarded to perform the relocation service of Mr. Michael Smith, CEO of HSBC in Hong Kong. HSBC is one of the most important banks in Asia and therefore entrusting their CEO's relocation to AEMovers is recognition of our company's services. For your reference, please find below an article about Mr. Michael Smith:

Hongkong and Shanghai Banking Corp Chief Executive Michael Smith will leave HSBC Friday June 22nd 2007 to become Chief Executive of Australia and New Zealand Banking Group, which will give him a total remuneration package of up to A$12 million (HK$79.1 million) per annum.

Smith, in addition to his role as President and Chief Executive of the Hong Kong unit - which runs the parent's Asia operations - acts as Chairman of Hang Seng Bank, another HSBC subsidiary, as well as Chairman of HSBC Bank Malaysia, and global head of commercial banking for the HSBC group.

The British-born Smith joined HSBC in 1978 immediately after his graduation from City University of London. He never worked for any company other than HSBC, except for a two-year stint at UK-based Midland Bank when it was only partly owned by HSBC. Smith then continued at Midland for five more years after HSBC gained full control in 1992. He has been head of HSBC's Asia unit since August 2003.

Melbourne-based ANZ said it will pay Smith a A$9 million signing bonus over three years to compensate him for lost remuneration from HSBC. In addition to an annual salary of A$3 million, Smith will receive a short-term bonus of up to A$3 million a year and a long-term incentive bonus of up to A$3 million in stock a year.