The Hong Kong Institute of Monetary Research (HKIMR) held its first meeting of the Council of Advisers today (8 September 1999).
The Council of Advisers, comprising mainly academics and economists from both the public and private sectors, is set up with the objective of enhancing the professionalism and strengthening the research capability of the HKIMR. The Council will meet regularly to advise on the direction of research activities, consider research proposals, and recommend and liaise with suitable fellows to conduct research projects for the HKIMR (see terms of reference of the Council at Annex A). The composition of the Council is as follows:
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Mr. Tony Latter
(Chairman of the Council)
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Deputy Chief Executive
Hong Kong Monetary Authority
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Prof. Yuk-shee Chan
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Dean, School of Business & Management
Hong Kong University of Science & Technology
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Miss Priscilla Chiu
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Head, Economic Research
Hong Kong Monetary Authority
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Mr. Tim Condon
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Chief Economist
ING Barings
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Mr. Kwok-chuen Kwok
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Chief Economist
Economics Department
Standard Chartered Bank
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Mr. Joseph YZ Lian
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Member
Central Policy Unit
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Prof. Pak-wai Liu
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Pro-Vice-Chancellor &
Professor of Economics
Chinese University of Hong Kong
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Mr. Roger KH Luk
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Managing Director & Deputy Chief Executive
Hang Seng Bank Limited
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Mr. Guy Meredith
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Director, HKIMR
Executive Director, Research
Hong Kong Monetary Authority
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Prof. Yun-wing Sung
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Professor & Chairman
Economics Department
Chinese University of Hong Kong
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Mr. Kwong-yiu Tang
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Government Economist
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Prof. Shu-ki Tsang
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Professor
Department of Economics
Hong Kong Baptist University
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Prof. Richard YC Wong
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Professor of Economics
Director of School of Business
The University of Hong Kong
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In addition to advisers based in Hong Kong, the HKIMR intends to invite prominent overseas scholars to the Council with a view to strengthening the international and regional aspects of its research work.
Chaired by Mr. Tony Latter, the Council discussed, among other things, the research agenda and the recruitment of research fellows of the HKIMR in today's meeting. Research activity in the Institute is expected to commence early next year.
Established by the HKMA, the HKIMR will conduct research in the field of monetary policy, banking and finance that is of strategic importance to Hong Kong and the Asian region. The first meeting of its Board of Directors was held on 17 August.
Hong Kong Monetary Authority
8 September 1999
Annex A
Terms of Reference
The terms of reference of the Council of Advisers are:
- to provide guidance and advice on the broad direction of research activities of the Institute;
- to nominate and assist in liaising with local and overseas scholars and researchers to conduct research for the Institute;
- to consider and provide comments on research proposals;
- to assist in evaluating the quality of research projects;
- to advise on strategies and measures to enhance the professionalism and strengthen the research capabilities of the Institute on an ongoing basis; and
- to promote the image of the Institute in Hong Kong and overseas.
