Norman Chan

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Norman Chan
Chan Tak-Lam Norman 陳德霖.jpg
2nd Chief Executive of the Hong Kong Monetary Authority
Assumed office
1 October 2009
Chief ExecutiveSir Donald Tsang
Leung Chun-ying
Preceded byJoseph Yam
Personal details
Born
Norman Chan Tak-Lam

1954
Hong Kong
NationalityHong Kong Chinese
Political partynone
Children2
Alma materQueen's College
Chinese University of Hong Kong
OccupationTreasury official, Civil servant
ProfessionSociologist, bank director, civil servant
Signature
Norman Chan
Traditional Chinese陳德霖
Simplified Chinese陈德霖

Norman Chan Tak-Lam, SBS, JP (born 1954), is a Hong Kong banker, treasury official, and civil servant. Chan currently serves as the Chief Executive of the Hong Kong Monetary Authority, a position he has held since on 1 October 2009, following the retirement of his predecessor, Joseph Yam.[2][3] Chan previously served as Director of the Office of the Chief Executive of the Hong Kong Special Administrative Region and Regional Vice-Chairman of Standard Chartered Bank.[4]

Career[edit]

Norman Chan graduated from Queen's College, Hong Kong, followed by earning a degree in the sociology from the Chinese University of Hong Kong. In 1976 Chan entered the Hong Kong Civil Service as an Administrative Officer. By 1991 he was appointed a Deputy Director of Monetary Management at the Exchange Fund of Hong Kong. In 1993 he became the Executive Director of the Hong Kong Monetary Authority at the authority's creation. Chan was promoted to vice president of the Hong Kong Monetary Authority. In December 2005, he became the Vice-Chairman of the Asian region of Standard Chartered Bank.[4] In July 2007, he was appointed as Director of the Office of the Hong Kong Chief Executive. On 17 July 2009, Financial Secretary John Tsang, announced that Norman Chan was to replace Mr. Joseph Yam as the Chief Executive of the HKMA following Joseph Yam's retirement. Chan is compensated with an annual salary of six million Hong Kong dollars.[citation needed]. In 2014, he was reappointed as Chief Executive of the Hong Kong Monetary Authority. [5] In 2014, he and Joseph Yam said that occupy (Umbrella Revolution) can threaten city's economic growth.[6]

References[edit]

  1. ^ "Home return" experiences
  2. ^ "HKMA: The Chief Executive's Committee". 30 September 2009. Retrieved 1 October 2009.
  3. ^ "The HKMA Organisation Chart" (PDF). 30 September 2009. Retrieved 1 October 2009.
  4. ^ a b "Tak-Lam Chan:Executive Profile & Biography -BusinessWeek". 30 May 2011. Retrieved 11 May 2011.
  5. ^ http://www.scmp.com/business/banking-finance/article/1453525/norman-chan-reappointed-hong-kong-monetary-authority-chief
  6. ^ http://www.scmp.com/news/hong-kong/article/1627833/occupy-threatens-citys-growth-warn-norman-chan-and-joseph-yam

External links[edit]

Political offices
Preceded by
John Tsang
Director of the Chief Executive's Office
2007–2009
Succeeded by
Raymond Tam
Government offices
Preceded by
Joseph Yam
Chief Executive of the Hong Kong Monetary Authority
2009 – present
Incumbent