Frank Newman

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Hong Kong

Previous Experience

  • Chairman and CEO of Bankers Trust Corporation  
  • Vice Chairman and CFO of BankAmerica Corporation, San Francisco 
  • Executive Vice President and CFO of Wells Fargo & Company 
  • Under Secretary of Domestic Finance, United States Treasury Department, 1993 to 1994
  • Deputy Secretary, United States Treasury Department, 1994 to 1995 


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Frank Newman

Chairman, Promontory Financial Group China Ltd.

Frank, a distinguished international banker, former chairman and chief executive officer of Shenzhen Development Bank, and former deputy U.S. Treasury secretary, heads Promontory’s business in China.


As the founding CEO and chairman of Promontory Financial Group China Ltd., Frank oversees the delivery of strategies and solutions for regulatory requirements, corporate governance, risk, and compliance to financial companies in mainland China, Hong Kong, and Taiwan. 

As CEO and later as chairman of Shenzhen Development Bank from 2005 to 2010, Frank was the first non-Chinese executive in modern times to lead a Chinese banking corporation. He has a distinguished track record in restoring financial companies to profitability. 



  • B.A., economics, magna cum laude, Harvard University

Affiliations, Awards, and Civic Engagements

Representative Engagements

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