Hong Kong’s central banking chief Eddie Yue has tested positive for Covid-19 and will undergo isolation.
Hong Kong Monetary Authority’s (HKMA) CEO Eddie Yue has tested positive for Covid-19, according to a statement, and will undergo isolation in accordance to guidelines from local health authorities. Yue last went to work on August 1 and has no recent travel history.
Yue has worked at HKMA since its establishment in 1993 and took on various roles before being named CEO in October 2019, succeeding Norman Chan who retired. Yue would go on to lead development efforts at HKMA, most notably in fintech, including the launch of eight branchless virtual banks and exploration of central bank digital currencies from Hong Kong as well as mainland China.
One of his top tasks currently at hand is reportedly the preparation of a welcoming event for the world’s top financial executives to reinvigorate Hong Kong’s status as a global hub. Scheduled for November 1 and 2, the event includes invitees such as HSBC, Standard Chartered, Citi, Blackrock and J.P. Morgan.
