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The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA) announced today (February 16) the appointment of Mr Bao Mingyou as a Senior Adviser with effect from February 16, 2016. Mr Bao is seconded from the People's Bank of China (PBoC) to the HKMA. He will take up the position vacated by Ms Huo Yingli and offer advice and assistance in the areas of financial cooperation between Hong Kong and the Mainland, further development of renminbi businesses in Hong Kong, and promotion of Hong Kong's financial services industry on the Mainland.
Mr Bao was the Chief Representative of the PBoC's Representative Office for Europe prior to his secondment.
Ms Huo Yingli has returned to the PBoC after her secondment with the HKMA. The Chief Executive of the HKMA, Mr Norman Chan, thanked Ms Huo for her work and important contributions during her secondment term.
Ends/Tuesday, February 16, 2016
Issued at HKT 16:30
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