HKMA chief Norman Chan to retire in October
Chan’s leadership saw HKMA gain stronger macro-prudential powers
The chief executive of the Hong Kong Monetary Authority, Norman Chan, will retire in October when his contract expires, ending a decade-long tenure in the role.
Chan’s leadership of the HKMA began shortly after the onset of the the financial crisis in 2008. The regulator significantly increased its macro-prudential powers over Hong Kong’s financial and housing sectors during his time in charge.
Chan was appointed chief executive of the HKMA in October 2009, after serving as a director in
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