Appointments to Advisory Committee on Human Resources Development in the Financial Services

Press release

Appointments to Advisory Committee on Human Resources Development in the Financial Services Sector Thursday, May 31, 2007

The Secretary for Financial Services and the Treasury has re-appointed Mr Ignatius Chan Tze-ching as the Chairman of the Advisory Committee on Human Resources Development in the Financial Services Sector (the FinMan Committee) for a term of two years with effect from tomorrow (June 1).

Mr Chan is a founding member of the FinMan Committee and has served as the Chairman since June 2005.

A Government spokesman said today (May 31) that being a veteran in the financial services industry with a strong commitment to promoting manpower development for the sector, Mr Chan had provided invaluable advice and leadership to the FinMan Committee in implementing initiatives for the training and nurturing of financial talent in Hong Kong.

"We are confident that with the continued support of Mr Chan and other members, the FinMan Committee will continue to play an important role in the strategic development of human resources for the financial services sector and contribute to the sustained development of Hong Kong as an international financial centre," the spokesman said.

Other members appointed to the FinMan Committee are Mr David Lui, Mr Clifford Chiu, Mr Ronald Kung, Mr Kevin Lam and Mr Kenneth Wong. All of them are experienced financial services practitioners.

The FinMan Committee also comprises representatives nominated by academic and training institutes; professional bodies and regulators.

"We are also grateful to the outgoing members, Mr Roger Luk and Mr Chan Wing- luk, who have respectively served on the committee for seven years and three years, for their support in their past years of services," the spokesman said.

The FinMan Committee is a non-statutory body established in June, 2000, to foster

1 better co-ordination of the efforts between the industry and academia on financial services manpower development. With its membership drawn from the financial services industry, regulators, professional bodies, training services providers and the Government, its primary role is to serve as a platform for representatives to exchange ideas and develop a visionary view on human resources development for the financial services sector.

Following are the members of the FinMan Committee from June 1, 2007 to May 31, 2009:

Chairman ------

Mr Ignatius Chan Tze-ching, JP

Members ------

Mr Clifford Chiu

Mr Ronald Kung

Mr Kevin Lam

Mr David Lui

Mr Kenneth Wong

A representative of the Hong Kong Federation of Insurers

A representative of the Hong Kong Institute of Bankers

A representative of the Hong Kong Institute of Certified Public Accountants

A representative of the Hong Kong Institute of Directors

A representative of the Hong Kong Securities Institute

2 A representative of the Hong Kong Society of Financial Analysts Limited

A representative of The Chinese University of Hong Kong

A representative of the City University of Hong Kong

A representative of the Hong Kong Baptist University

A representative of The Hong Kong Polytechnic University

A representative of The Hong Kong Shue Yan University

A representative of The Hong Kong University of Science & Technology

A representative of the Lingnan University

A representative of The Open University of Hong Kong

A representative of the University of Hong Kong

A representative of the Vocational Training Council

A representative of the Hong Kong Exchanges and Clearing Limited

A representative of the Hong Kong Monetary Authority

A representative of the Mandatory Provident Fund Schemes Authority

A representative of the Office of the Commissioner of Insurance

A representative of the Securities and Futures Commission

A Deputy Secretary for Education and Manpower

A Deputy Secretary for Financial Services and the Treasury (Financial Services)