Senior Staff Movements in the Hong Kong Monetary Authority

The Hong Kong Monetary Authority (HKMA) announced today (3 October) that Ms Clara Chan, Executive Director (Monetary Management), will leave the HKMA on resignation with effect from 9 October 2023.  She will join the Hong Kong Investment Corporation Limited (HKIC) as Chief Executive Officer on the same day. 

Mr Eddie Yue, Chief Executive of the HKMA, said, “Since joining the HKMA in 2010, Clara has spearheaded the private markets team to achieve remarkable results for the Exchange Fund Investment Office.  She has also made dedicated efforts to maintain the financial and monetary stability of Hong Kong and the soundness of our Stored Value Facilities and Retail Payment Systems.  I would like to thank Clara for her dedication and contributions, and wish her every success in leading the HKIC to advance its mission for the betterment of Hong Kong.”

The HKMA also announced the consequential senior staff movements following Ms Chan’s departure.  Mr Daryl Ho, Executive Director (Banking Policy), will succeed Ms Chan to oversee the operation of the Monetary Management Department.  Mr Donald Chen, Executive Director (Corporate Services), will take over from Mr Ho as Executive Director (Banking Policy).  Effective dates of the two appointments will be confirmed in due course.  The HKMA will arrange open recruitment for the post of Executive Director (Corporate Services), and a separate announcement will be made after completion of the recruitment process.

Hong Kong Monetary Authority
3 October 2023