Appointment to Hong Kong Deposit Protection Board

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     The Financial Secretary, with the authority delegated by the Chief Executive, has appointed Ms Helen Zee as a member of the Hong Kong Deposit Protection Board (HKDPB). The appointment was gazetted today (May 26) for a term of three years with effect from July 1, 2017.

     Ms Zee is the Deputy Chief Executive and Managing Director of Haitong International Capital Limited. She is currently a member of the Securities and Futures Appeals Tribunal and the Sir Murray MacLehose Trust Fund Investment Advisory Committee.

     Welcoming the appointment, the Secretary for Financial Services and the Treasury, Professor K C Chan, said, "Ms Zee possesses rich experience in the financial investment field. We look forward to having her expert advice on the work of the HKDPB.

     "I would also like to express my sincere gratitude to the outgoing member, Ms Kerry Ching, for her six years of invaluable contribution to the HKDPB."

     The HKDPB is a statutory body established under the Deposit Protection Scheme Ordinance. It manages the operation of the Deposit Protection Scheme, which provides compensation for protected deposits held with a failed member bank of up to $500,000 per depositor.

Ends/Friday, May 26, 2017
Issued at HKT 12:00

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