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Senior staff movement 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) announced today (March 10) that the Deputy Chief Executive Officer of the Exchange Fund Investment Office (EFIO), Mr Francis Chu, will retire with effect from March 11, 2023. 
      
     The Chief Executive of the HKMA, Mr Eddie Yue, said "Francis has worked in the HKMA for nearly 30 years. I would like to thank Francis for his dedicated service and contributions to the HKMA over the years, particularly his work in managing the Exchange Fund investments. My colleagues and I wish him all the best in his next page of life."
      
     Mr Chu oversees the operations of the EFIO and leads the professional teams in managing asset allocation of the Exchange Fund. The HKMA will consider the work arrangement and announce relevant details in due course.
 
Ends/Friday, March 10, 2023
Issued at HKT 16:30
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