【WeLab Bank extends its deepest condolences to those affected by the fire】WeLab Bank is deeply saddened by the fire in Tai Po and expresses its deepest condolences to those injured and affected families. We sincerely appreciate the efforts of frontline rescuers and stand with the community. In order to support those affected customers, we will provide additional service support and assistance: (1) Provide affected customers with a 6-month repayment grace period (including both principal and interest), while waiving related late charges and handling fees.(2) Any enquiries from those affected customers will be dealt with priority, and appropriate assistance will be provided. (3) Customer service dedicated hotline: (852) 3898 6988. WeLab Bank reminds customers to stay vigilant against fraud during this period. If in doubt, please contact us immediately at (852) 3898 6988.
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WeLab Bank announces appointment of Tat Lee as new Chief Executive

14 Jan 2021

Hong Kong, 14 January 2021 - WeLab Bank, a homegrown virtual bank licensed by Hong Kong Monetary Authority, announces that Tat Lee has been appointed as Chief Executive. He succeeds Adrian Tse, who has stepped down from the role for personal reasons.


Tat has close to two decades of retail banking and fintech experience and was most recently the Alternate Chief Executive and Executive Director of WeLab Bank. Tat is one of Hong Kong’s fintech pioneers, joining WeLab as employee number one back in 2013, at a time when fintech was still in its infancy. Over the last eight years, he has assumed a number of roles in WeLab including Head of Product and Risk Management and then later General Manager of WeLend. During his tenure at WeLend, the business grew from a start-up to becoming Hong Kong’s largest pure online lender platform powered by technology and AI.


Since 2018, Tat has been strategically involved in building the foundation for WeLab Bank, from obtaining the virtual banking license to developing the business strategy as a dynamic, fast-growing organization with the vision of bringing innovative products that gives customer control of their own financial journey.


Prior to joining WeLab, he held senior roles in leading international financial institutions, including HSBC and Standard Chartered Bank’s former consumer finance subsidiary, PrimeCredit.


Professor KC Chan, Chairman of WeLab Bank said: “Tat is a dynamic leader with significant experience in growing businesses, with in-depth knowledge of Hong Kong and the fintech industry. We are delighted to have Tat lead WeLab Bank, scaling to the next level, beyond the initial launch. The future is bright for the energy that Tat brings to propel WeLab Bank’s development to greater heights in the long run.”


Tat Lee, Chief Executive of WeLab Bank said: “Looking back on my experience in the fintech industry, I believe to revolutionize the banking experience, we must combine the power of people with the power of fintech. Through game-changing technologies such as AI and big data analytics, in line with the people-oriented concept, we are designing digital-first banking services. WeLab Bank is now in the most exciting new market opportunity, and I hope to open up a new era of virtual banking.”