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Reshuffling of management duties in 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) today (February 25) announced that the Deputy Chief Executive, Mr Peter Pang, will retire effective February 26, 2016. Mr Pang will be succeeded by the Senior Executive Director, Mr Howard Lee. There will also be reshuffling of duties among the Senior Management. The existing and revised organisation charts are attached.

     Commenting on Mr Pang's retirement, the Chief Executive of the HKMA, Mr Norman Chan, said "I would like to thank Peter for his dedicated service and contributions to the HKMA's work over the past 22 years. My colleagues and I wish him a very happy and rewarding retirement life."

Ends/Thursday, February 25, 2016
Issued at HKT 16:09

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