Friday, October 24, 2014   

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:
High Court hears injunction application (2 mins ago)
Sharp rise in new flats (3 mins ago)
Lion Rock pro-democracy banner removed (7 mins ago)
Tung calls for end of democracy protests (8 mins ago)
More dialogue urged between govt and students (10-24 12:06)
Eleven arrested in connection with protests (10-23 19:00)
Some makeshift barriers removed in Mongkok (10-23 18:59)
Protests risk turning into civil disorder: Court (10-23 15:32)
Giant pro-democracy banner hung on Lion Rock (10-23 15:31)
LegCo meeting adjourned due to lack of quorum (10-23 15:30)

More breaking news >>

© 2014 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 2014, 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.