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Senior appointments at Hong Kong Monetary Authority
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The following is issued on behalf of the Hong Kong Monetary Authority:

     The Hong Kong Monetary Authority (HKMA) announced today (November 13) that the Financial Secretary, on the advice of the Governance Sub-Committee of the Exchange Fund Advisory Committee, has approved the following appointments:

(a) Mr Howard Lee as Senior Executive Director with effect from February 26, 2016;

(b) Mr Raymond Li as Senior Executive Director with effect from February 26, 2016;

(c) Mr Raymond Chan as Executive Director with effect from February 26, 2016; and

(d) Mr Li Shu-pui as Executive Director with effect from August 7, 2016.

     Mr Howard Lee will succeed Mr Peter Pang who will retire in end-February 2016. Mr Raymond Li will continue his role as the Chief Executive Officer of the Hong Kong Mortgage Corporation Limited.

     Mr Raymond Chan will take over the position of Executive Director (Banking Supervision) from Mr Henry Cheng, who will replace Mr Howard Lee as Executive Director (Monetary Management). Mr Li Shu-pui will succeed Mr Esmond Lee, retiring in August 2016, as Executive Director (Financial Infrastructure).

     The CVs of Mr Howard Lee, Mr Raymond Li, Mr Raymond Chan and Mr Li Shu-pui are attached.

Ends/Friday, November 13, 2015
Issued at HKT 17:00

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