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The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Mortgage Corporation Limited (HKMC) announced today (August 31) the appointment of Mr Yue Wai-man, Eddie as an Executive Director of the HKMC by Mr John C Tsang, Chairman of the HKMC, with effect from September 1, 2007 to fill the position left vacant by Mr Choi Yiu-kwan who resigned with effect from August 31, 2007. An updated list of the Directors of the HKMC is at the Annex.
Until August 31, 2007, Mr Yue is Executive Director of Hong Kong Monetary Authority (HKMA) responsible for monetary management and financial infrastructure. Mr Yue will become Deputy Chief Executive of the HKMA with responsibility for monetary management, financial infrastructure, reserves management, and strategy and risk with effect from September 1, 2007. Mr Yue began his career as an Administrative Officer in the Hong Kong Government in 1986. He joined the HKMA in 1993 as a Senior Manager, and was subsequently promoted to Division Head in 1994. He has worked in a number of divisions, including Monetary Management, External Relations, and Banking Development, and has served as Administrative Assistant to the Chief Executive of the HKMA. Mr Yue was appointed Executive Director (Corporate Services) of the HKMA in June 2001 and to his present position in July 2004.
Ends/Friday, August 31, 2007
Issued at HKT 18:05
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