Leo Chu has been appointed as an executive director of the Mandatory Provident Fund Schemes Authority, holding the position of Chief Operating Officer, the Government announced today.

Mr Chu’s appointment will be for three years from August 19.

Secretary for Financial Services & the Treasury James Lau said: "Mr Chu is a seasoned professional in the financial services industry. He has an impressive track record in large-scale strategic initiatives in the financial sector.”

Mr Chu will be able to leverage his expertise and excel in his role as the authority’s Chief Operating Officer, Mr Lau added.