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Re-appointment of Non-Executive Directors of the SFC
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    The Financial Secretary has re-appointed the Honourable Jasper Tsang and Mr Christopher Cheng as Non-Executive Directors (NEDs) of the Securities and Futures Commission (SFC) under the authority delegated by the Chief Executive.

     The appointments will be for two years from November 15, 2005, to November 14, 2007.

     ¡§As Commission Non-Executive Directors, Mr Tsang and Mr Cheng have been instrumental in enhancing the corporate governance, accountability and transparency of the SFC, and bringing independent views to the management of the Commission.  We are grateful for their invaluable contribution and we look forward to their continued support to the work of the SFC,¡¨ a Government spokesman said today (November 11).

     The Commission currently has seven NEDs.  The other serving NEDs are Mr Raymond Kwok, Dr York Liao, Mr Eddy Fong, Mr Kenneth Kwok and Professor Liu Pak-wai.


Ends/Friday, November 11, 2005
Issued at HKT 16:25

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