Norman Chan

Norman Chan
2nd Chief Executive of the Hong Kong Monetary Authority
Assumed office
1 October 2009
Chief Executive Sir Donald Tsang
Leung Chun-ying
Preceded by Joseph Yam
Personal details
Born Norman Chan Tak-Lam
1954
Hong Kong
Nationality Hong Kong Chinese
Political party none
Children 2
Alma mater Queen's College
Chinese University of Hong Kong
Occupation Treasury official, Civil servant
Profession Sociologist, 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.[1][2] 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.[3]

Career

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.[3] 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.. In 2014, he was reappointed as Chief Executive of the Hong Kong Monetary Authority. [4] In 2014, he and Joseph Yam said that occupy (Umbrella Revolution) can threaten city's economic growth.[5]

References

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
Order of precedence
Preceded by
Henry Leimer
Honorary Consul for Liechtenstein
Hong Kong order of precedence
Chief Executive of the Hong Kong Monetary Authority
Succeeded by
Edward Yau
Director of the Chief Executive's Office
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