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Appointment of SFC non-executive director

     The Financial Secretary, Mr John C Tsang, under the authority delegated by the Chief Executive, has re-appointed Dr Kelvin Wong Tin-yau as a non-executive director of the Securities and Futures Commission (SFC). The re-appointment is for a term of two years from October 20, 2014.

     Dr Wong is an Executive Director and a Deputy Managing Director of COSCO Pacific Ltd.  

     Making the announcement today (October 15), a government spokesman said, "Dr Wong has provided useful advice and guidance on the performance of functions by the SFC during his tenure. We look forward to his continued support for the work of the SFC."

     The role of the non-executive directors is to participate in policy formulation on the work of the SFC and to keep an independent eye on the SFC's executive management and organisational matters.

     The SFC is chaired by Mr Carlson Tong. Other serving non-executive directors are Professor Leonard Cheng kwok-hon, Ms Teresa Ko Yuk-yin, Mr Lawrence Lee Kam-hung, Ms Ma Xuezheng, Mr Wong Kai-man and Dr William Wong Ming-fung.

Ends/Wednesday, October 15, 2014
Issued at HKT 17:00


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