Financial Secretary (Hong Kong)

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Hong Kong
Special Administrative Region

Financial Secretary
財政司司長
Hong Kong SAR Regional Emblem.svg
John Tsang.jpg
Incumbent
John Tsang

since 1 July 2007
Style The Honourable
Member of Government Secretariat
Executive Council
Reports to Legislative Council
Residence 45 Shouson Hill Road
Appointer Central People's Government
nomination by Chief Executive
Term length No longer than the Chief Executive's remaining term
Inaugural holder Donald Tsang
Formation 1 July 1997
Website FSO

The Financial Secretary (Chinese: 財政司司長) is the title held by the Hong Kong government minister who is responsible for all economic and financial matters, equivalent to the Chancellor of the Exchequer in the United Kingdom and Minister of Finance in other nations. The position is among the three most senior Principal Officials of the Government, second only to the Chief Secretary. Together with other Secretaries, the Financial Secretary is accountable to the Legislative Council and the Chief Executive of Hong Kong (the Governor of Hong Kong before the 1997 transfer of sovereignty) for his actions in supervising the formulation and implementation of financial and economic policies.

The position evolved out of the office of the Colonial Treasurer before 1940. The Financial Secretary is usually a member of the Executive Council, and gives advice to the Chief Executive in that capacity. He is also responsible for delivering the annual budget to the Legislative Council. To date, it is the only office among the three highest Principal Officials of the Government (Chief Secretary, Financial Secretary, and Secretary for Justice) not to have been occupied by a woman.

The incumbent Financial Secretary is John Tsang.

List of Secretaries[edit]

Colonial Treasurers between 1842 and 1937[edit]

Name Took office Left office
Edward Elmslie 1842 1843
Charles Edward Stewart 1843 1844
Robert Montgomery Martin 1844 1847
William Thomas Mercer 1847 1854
Robert Rienaecker 1854 1857
Frederick Henry Alexander Forth 1857 1871
Sir Cecil Clementi Smith PC GCMG 1871 1879
Sir James Russell CMG 1879 1883
Alfred Lister 1883 1890
Norman Gilbert Mitchell-Innes 1891 1896
Thomas Sercombe Smith 1896 1898
Alexander Macdonald Thomson 1898 1918
Charles McIlvaine Messer OBE 1918 1931
Edwin Taylor CMG 1931 1937

Source:[3]

Financial Secretaries between 1937 and 1997[edit]

Financial Secretaries after 1997[edit]

No. Portrait Name Took Office Left Office Chief Executives Term
1 Donald Tsang Donald Tsang 1 July 1997 30 April 2001 Tung Chee-hwa 1
2 Antony Leung Antony Leung 1 May 2001 30 June 2002
1 July 2002 16 July 2003 2
3 Henry Tang Henry Tang 17 July 2003 30 June 2005
30 June 2005 30 June 2007 Donald Tsang
4 John Tsang John Tsang 1 July 2007 30 June 2012 3
1 July 2012 Incumbent CY Leung 4

Residence[edit]

The Financial Secretary's residence is 45 Shouson Hill Road in Deep Water Bay.

See also[edit]

References[edit]

  1. ^ a b c Endacott, G.B., A Biographical Sketch-book of Early Hong Kong, Hong Kong University Press, 1962, google books
  2. ^ a b c d sunzi.lib.hku.hk PDF
  3. ^ Boase, Frederic. 1897. 'Modern English Biography: Containing Many Thousand Concise Memiors of Persons who Have Died Since the Year 1850, with an Index of the Most Interesting Matter'. Published by Netherton and Worth, For the author, 1897 Item notes: v.2 (page 772)[1] Download PDF text
  4. ^ London Gazette, 1 June 1953