Benjamin Hung is appointed as the new chairman of the board of the FSDC

Standard Chartered (2888) International president Benjamin Hung Pi-cheng has been appointed as the new chairman of the board the Financial Services Development Council.

Besides, the government also reappointed three incumbent vice-chairmen, Ding Chen, Daniel R Fung, SC and Andrew Walter Bougourd Ross Weir.

The Chief Executive John Lee Ka-chiu has also appointed four new members, Edward Au Chun-hing, Aveline San Pau-len, Tony Tang Xiaodong and Daisy Yeung, as well as reappointed four incumbent members, Adrian Cheng Chi-kong, Damien Allen Green, Jeremy Dinshaw Lam and Amy Lo Choiwan. 

All appointments will be effective from January 17 for a term of two years. Hung, said, “Hong Kong is one of the world’s top three international financial centers, with a number of unique competitive strengths proffering exciting opportunities in the years ahead. I look forward to working with the other FSDC board members and colleagues, regulators and industry practitioners to further expand Hong Kong’s capabilities, sharpen its competitiveness, and enhance its position in the global financial services community.” “Mr. Hung is a seasoned banker with extensive experience and profound knowledge in international finance. Over the years, he has been actively serving the community and taken up various public positions. Under Mr. Hung’s leadership and with four industry leaders joining as new members, we are confident that the FSDC will continue to develop and strengthen its connection with global stakeholders, thus reinforcing Hong Kong’s status as an international financial center,” Christopher Hui Ching-yu, the Secretary for the Financial Services and the Treasury, said.

(June Chen)