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The EFAC Investment
Sub-Committee

The Investment Sub-Committee monitors the HKMA's investment management work and makes recommendations on the investment policy and strategy of the Exchange Fund and on risk management and other related matters. 

Membership

Terms of Reference

Chairman

Mr Norman T.L. CHAN, GBS, JP
The Monetary Authority

Members

Mr Eddie YUE, JP
Deputy Chief Executive
Hong Kong Monetary Authority

Mr Benjamin HUNG Pi-cheng, BBS, JP
Regional Chief Executive Officer
Greater China & North Asia
Standard Chartered Bank (Hong Kong) Limited

Dr LO Ka-shui, GBS, JP
Chairman and Managing Director
Great Eagle Holdings Limited

Mrs Angelina LEE WONG Pui-ling, SBS, JP
Partner
Woo, Kwan, Lee & Lo 

Mr T. Brian STEVENSON, SBS, JP

Mr Silas YANG Siu-shun, JP

Professor Lawrence J. LAU, GBS, JP
Ralph and Claire Landau Professor of Economics
The Chinese University of Hong Kong

Dr David WONG Yau-kar, BBS, JP
Managing Director
United Overseas Investments Limited

Mr Nicky LO Kar-chun, SBS, JP

Secretary

Ms Carrie CHAN
Head (Corporate Development)
Hong Kong Monetary Authority

Terms of Reference

(1) To monitor the investment management work of the HKMA.
(2) To make recommendations to the Financial Secretary, through the Exchange Fund Advisory Committee, on
  (a) the investment benchmark for the Exchange Fund;
  (b) the investment policy and risk management of the Fund;
  (c) the investment strategy for the Fund; and
  (d) any other matters referred to the Sub-Committee in connection with the investment management of the Exchange Fund.
Last revision date: 18 July 2016
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