Financial Services & the Treasury
The Financial Services & the Treasury Bureau works closely with market regulators and participants to strengthen Hong Kong's role as an international financial centre. The Treasury formulates and implements policies and procedures to ensure effective control and management of public revenues and expenditure.
Financial Secretary
The Financial Secretary's primary responsibility is to assist the Chief Executive in overseeing policy formulation and implementation in financial, monetary, economic, trade and employment matters.
A global recruitment exercise for a new Securities & Futures Commission Chief Executive Officer launched today.
A selection panel chaired by Financial Secretary John Tsang has been formed to identify the most suitable candidate. Panel members are Chan Kam-lam, Dr Moses Cheng, Dr Eddy Fong, Lawrence Lee, Carlson Tong and Secretary for Financial Services & the Treasury Professor KC Chan.
A comprehensive search will be conducted both locally and overseas to identify the most suitable candidate to succeed Martin Wheatley who will leave the commission in June. Advertisements for the post were published today and an executive search firm has been engaged to assist in the recruitment exercise.
The new CEO will be pivotal in leading the commission's operations. The new chief will have the executive responsibility for the day-to-day running of the commission and will implement the regulatory objectives under the Securities & Futures Ordinance, as well as the policies and strategies set by the board.
