Hong Kong appoints Eddie Yue to head city's de facto central bank

Pedro Gonçalves
clock • 1 min read

The Hong Kong government has announced that Eddie Yue will be the new chief executive of the city's Monetary Authority, from October 1. Yue, currently one of the HKMA's three deputy chief executives, will succeed Norman Chan, who has completed two five-year terms. The HKMA is responsible for Hong Kong's banking and monetary stability, and has a goal of maintaining currency stability under the city's linked exchange rate mechanism, which has seen the Hong Kong dollar pegged to the US dollar since 1983. Financial Secretary Paul Chan Mo-po announced the appointment on Thursday, saying...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?