Wednesday, October 14, 2015   

Norman Chan reappointed as HKMA chief
(03-20 16:55)

Norman Chan Tak-lam has been reappointed as the chief executive of the Hong Kong Monetary Authority for five years with effect from October 1, 2014, Financial Secretary John Tsang Chun-wah announced today.
"Under Norman's leadership in the past few years, the HKMA has tackled the shocks and challenges following the global financial crisis and effectively maintained the stability of Hong Kong's monetary and financial systems,'' Tsang said.
Chan will get a fixed pay HK$6.5 million every year at the beginning of his new term, and will be reviewed in April each year.
The annual performance-linked variable pay will be capped at HK$2.6 million.
Other Hong Kong breaking news:
Peak mansion burglary suspect held in Ma On Shan (10-13 13:33)
Ken Tsang suspects police delay tactics over beating (10-13 13:26)
Youth held for ramming vehicle into friends (10-13 13:23)
Luxury real estate agency sets foot in HK (10-12 20:16)
Education chief off to Singapore (10-12 20:03)
More retailers and dining outlets join airport west hall (10-12 18:51)
Photographer bailed over Bangkok flak jacket charge (10-12 18:02)
HK$2.4m property stolen from HSBC Asia boss Peter Wong’s mansion (10-12 12:55)
Chan kin-por strikes conciliatory tone (10-12 12:52)
HKU students rail against council (10-09 20:30)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.