The Governance Sub-Committee monitors the performance of the HKMA and makes recommendations on remuneration and human resources policies, and on budgetary, administrative and governance issues.
Mr Nicky LO Kar-chun, SBS, JP
Mr LAU Ming-wai, GBS, JP
Chinese Estates Holdings Limited
The Honourable Bernard Charnwut CHAN, GBM, GBS, JP
Asia Financial Holdings Limited
Ms Agnes CHAN Sui-kuen
Senior Advisor, Chairman Office, Greater China
Ernst & Young
The Honourable Rimsky YUEN Kwok-keung, GBM, SC, JP
Mr Stephen YIU Kin-wah, JP
Mr Tim LUI Tim-leung, SBS, JP
Securities and Futures Commission
Mrs Ayesha MACPHERSON LAU, BBS, JP
Mandatory Provident Fund Schemes Authority
Professor TAM Kar-yan, MH, JP
Dean and Chair Professor, School of Business and Management
The Hong Kong University of Science and Technology
Mr Raymund CHAO Pak-ki
Chairman of PwC Asia Pacific
Chairman & CEO of PwC China
Dr the Honourable Victor FUNG Kwok-king, GBM, GBS
Ms Sarah KWOK
Head (Corporate Development)
Hong Kong Monetary Authority
Terms of Reference
To monitor the performance of the HKMA in carrying out its functions and responsibilities and in its use of resources, and to formulate recommendations to the Financial Secretary through the Exchange Fund Advisory Committee (EFAC) on
the remuneration and human resources policies of the HKMA;
remuneration for HKMA staff, taking account of the Sub-Committee's assessment of the quality and effectiveness of the HKMA's work; and
the use of resources of the HKMA, including its annual administrative budget.
To consider recommendations and provide advice to the Financial Secretary on the appointment and dismissal of staff at the level of Executive Director and above.
To keep under review the governance arrangements for the HKMA and to make recommendations to the Financial Secretary through EFAC as appropriate.