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The Chief Executive's
Committee CHIEF EXECUTIVE Joseph YAM, GBS, JP Joseph Yam has served as Chief Executive of the
HKMA since its establishment in April 1993. Mr Yam began his civil
service career in Hong Kong as a Statistician in 1971, and became an
Economist in 1976. His involvement in monetary affairs in Hong Kong
started when he was appointed Principal Assistant Secretary for Monetary
Affairs in 1982. He helped put together Hong Kong’s Linked Exchange Rate
system in 1983. He was subsequently appointed Deputy Secretary for
Monetary Affairs in 1985 and Director of the Office of the Exchange Fund
in 1991.
Peter Pang is responsible for external
affairs, corporate services and research. Mr Pang joined the HKMA as
Executive Director (Banking Policy) in 1994 and was appointed Executive
Director (Monetary Policy and Markets) in 1996. He was the Chief Executive
Officer of the Hong Kong Mortgage Corporation from 1997 to 2004. He was
appointed to his present position in July 2004. Mr Pang joined the civil
service as an Administrative Officer in 1979 and served as Assistant
Director General of Trade and Assistant Commissioner of Banking before
joining the HKMA.
Mr. Choi is in charge of the full range of banking policy, development and supervision issues at the Hong Kong Monetary Authority (HKMA). Mr. Choi started his career as a
central banker in 1974 when he joined the then Office of the Commission
of Banking, which was responsible for banking supervision in Hong Kong
at that time. He advanced to the rank of Assistant Commissioner of
Banking in 1990 and was appointed Head (Banking Policy) upon the
establishment of the HKMA in 1993. He was then appointed Executive
Director (Banking Supervision) in 1995 and advanced to the position of
Deputy Chief Executive in June 2005 to take charge of monetary
management, financial infrastructure, reserves management, and strategy
and risk issues until transfer to the current position in September
2007.
Eddie
Yue is responsible for monetary management, reserves management and
financial infrastructure. 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 in 2001 and to his present position in
September 2007.
Stefan Gannon has been General Counsel of the HKMA
since its establishment in 1993. A barrister, Mr Gannon was the Legal
Adviser to the Monetary Affairs Branch of the Hong Kong Government from
1987 to 1993.
Raymond Li is responsible for the Deposit
Protection Scheme, licensing matters, enforcement on securities activities and
oversight of clearing and settlement systems. Mr Li joined the Hong Kong
Government as an Administrative Officer in 1982 and became Principal
Assistant Secretary (Monetary Affairs) in 1990. He was appointed Head
(Banking Development) at the HKMA in 1993 and took up the post of Head
(Administration) in 1995. He was promoted to Executive Director (Banking
Policy) in 1996. Before being appointed to his present position in June
2005, he was Executive Director (Corporate Services).
Arthur Yuen is responsible
for international affairs relating to
multilateral agencies and central bank co-operation, China research,
financial market integration issues, as well as the HKMA's office in New
York.
He joined the HKMA in 1996
as Head of Administration and has since taken up different
responsibilities including research and liaison on Mainland China
economic and market development issues before being appointed Head of
Banking Supervision in 2000. He took up the position as Executive
Director (Banking Development) in July 2004. He was appointed to the
current position in July 2008.
Hans Genberg is responsible for research on issues
related to monetary policy and financial markets. He is also Director of
the Hong Kong Institute for Monetary Research. He was professor of
economics at the Graduate Institute of International Studies in Geneva,
Switzerland since 1979, and for a number of years he was the Head of its Economic
Section before joining the HKMA in early 2005. He has also been a visiting
scholar at the International Monetary Fund and the World Bank. He has
published widely on issues related to monetary and exchange rate policy.
Edmond Lau is responsible for monetary management, and examining and developing strategic responses to the impact on the HKMA's policies and operations of such processes as the globalisation and liberalisation of financial markets and technological change. Mr Lau joined the HKMA in 1997 as Head (Banking Development) and has been involved in banking reform and the establishment of the Deposit Protection Scheme. He took up position as Administrative Assistant to the Chief Executive of the HKMA in 2004 after a one-year secondment to the Financial Services and Treasury Bureau and appointed Executive Director (Strategy and Risk) in June 2005, before appointed to his present position in September 2007. Before joining the HKMA Mr Lau was an Administrative Officer in the Hong Kong Government
Christopher Munn is responsible for corporate
development, human resources, administration, finance and information
technology. Mr Munn joined the HKMA in 1998 as Senior Manager (Corporate
Development) and served as Head (Corporate Development) from 1999 to 2005.
Francis Chu is responsible for the investment
management of the Exchange Fund. Mr Chu joined the HKMA in 1995 as a
Senior Manager in the Monetary Operations Division. He was promoted to
Head (Monetary Operations) in 1996. From 2002 to 2004 he was the HKMA’s
Chief Representative in New York. Since returning to Hong Kong in 2004 he
served again as Head (Monetary Operations) before his promotion to the
current position. Before
joining the HKMA, Mr Chu worked for more than 15 years in senior
management and treasury positions in the banking sector in Hong Kong.
Esmond Lee is responsible for financial infrastructure. He joined the HKMA in 1993 as Head (Market Systems). From 1998 to 2000, he was the HKMA's Chief Representative in New York. Since returning to Hong Kong in 2000, he served again as Head (Market Systems) before his promotion to the current position in February 2008. Before joining the HKMA, Mr Lee was a principal economist in the Hong Kong Government.
Karen Kemp has been employed by the HKMA since 1995. She was a Deputy General Counsel in the Office of the General Counsel prior to being appointed to her current post in February 2008. Ms Kemp also served as Deputy Chief Executive Officer of Exchange Fund Investment Limited from 1999 to 2003. Ms Kemp is a solicitor qualified to practise in Hong Kong and in England & Wales. Prior to joining the HKMA, Ms Kemp was employed by Lovells (a firm of solicitors) in London and Hong Kong.
Nelson Man is responsible for banking supervision. He joined the HKMA in 1994 as a senior manger in the Banking Development Division and has been involved in the deregulation of the interest rate rules and establishment of the consumer credit reference agency. He was promoted to Division Head in banking supervision in 2000 and was appointed to his present position in July 2008. Before joining the HKMA, Mr. Man worked in the Hong Kong Securities and Futures Commission for four years.
James Lau has been the Chief Executive Officer of the Hong Kong Mortgage Corporation since July 2004. Mr Lau joined the HKMA in 1993 and became Executive Director (External) in 1994 and Executive Director (Monetary Management and Infrastructure) in 2000. Mr Lau joined the Hong Kong Government as an Administrative Officer in 1979. He was Hong Kong’s Deputy Permanent Representative to the GATT in Geneva from 1986 to 1990 before joining the Office of the Exchange Fund as Assistant Director (Monetary Management) in 1991.
Updated on 28 July 2008
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