Bank of Bermuda is one step closer to achieving its global reorganization by promoting Lilian Wong to head fund services for the bank's Hong Kong office. Wong, who formally held the title of deputy managing director, will now have direct responsibility for client services and business development for the territory.

Wong will report to the Bank of Bermuda's executive board, along with all other country managers from around the globe. Hong Kong-based Paul Smith gained a seat on that board following his January promotion to head of global fund services and is likely to be leaving the region for a new location early next year. Wong will be taking over much of the client interface role once filled by Smith.

"Her main task is to perpetuate the vision of the global executives and implement strategies and plans in Hong Kong, allowing the global fund services group to maintain its responsiveness and flexibility at local market level," said a spokesperson for the bank.

Prior to joining Bank of Bermuda in 1986, Wong worked with KPMG and the Hong Kong Inland Revenue Department.