The Hong Kong Monetary Authority (HKMA) announced on 9 January that the Financial Secretary has approved a two-year extension of Arthur Yuen’s appointment as Deputy Chief Executive.

The approval was given on the advice of the Governance Sub-Committee of the Exchange Fund Advisory Committee.

The extension will take effect from August 2026.

Yuen will continue to be responsible for the full range of banking policy, supervision, conduct and enforcement matters at the HKMA.

In this role, he oversees the formulation and implementation of regulatory policies.

He is also responsible for the supervision of authorised institutions operating in Hong Kong.

The extension was approved in accordance with the established governance framework for senior appointments at the HKMA.

It is intended to ensure continuity in the authority’s regulatory and supervisory functions.

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