Hong Kong’s de facto central bank has extended the term of its deputy chief executive.
The Hong Kong Monetary Authority (HKMA) has extended the term of deputy chief executive Arthur Yuen for another two years, according to a statement, effective August 2024. He will continue to be in charge of a full range of banking policy, supervision, conduct and enforcement issues at the HKMA.
Yuen first joined HKMA in 1996 as head of administration before taking on various responsibilities across research and liaison on China economic and market development issues. He became head of banking supervision in 2000, executive director (banking development) in 2004 and executive director (external) in 2008. He has been HKMA’s deputy chief since 1 January 2010.