WEDNESDAY, APRIL 24, 1985
8
MONETARY AFFAIRS CHIEF RETIRING
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THE GOVERNMENT ANNOUNCED TODAY THAT MR DOUGLAS BLYE WILL BE RETIRING IN MARCH 1986 AFTER SERVING AS SECRETARY FOR MONETARY AFFAIRS FOR OVER NINE YEARS.
HE WILL THEN BE AGED 61 AND HAVE COMPLETED 30 YEARS OF PUBLIC SERVICE.
MR BLYE'S SUCCESSOR AS SECRETARY FOR MONETARY AFFAIRS WILL BE MR DAVID NENDICK, CURRENTLY DEPUTY CHIEF OF THE BANKING DEPARTMENT OF THE BANK OF ENGLAND. MR NENDICK IS BEING SECONDED FROM THE BANK OF ENGLAND TO SERVE AS SECRETARY FOR MONETARY AFFAIRS FOR THREE YEARS, AFTER WHICH HE WILL RETURN TO LONDON, HE IS DUE TO ARRIVE IN SEPTEMBER FOR A PERIOD OF FAMILIARISATION.
THE GOVERNMENT ALSO ANNOUNCED TODAY THE APPOINTMENT OF MR JOSEPH YAM CHI-KWONG TO BE A DEPUTY SECRETARY FOR MONETARY AFFAIRS. HE IS TAKING THE PLACE OF MR TONY LATTER, WHO RETURNED TO THE BANK OF ENGLAND EARLIER THIS MONTH ON COMPLETION OF HIS SECONDMENT TO THE HONG KONG GOVERNMENT.
FOLLOWING ARE BRIEF BIOGRAPHICAL NOTES ON MR BLYE, MR NENDICK AND MR YAM:
MR DOUGLAS BLYE, CMG, OBE, JP
AGED 60. AFTER HAVING BEEN APPOINTED AS A TREASURY COST ACCOUNTANT IN THE FEDERATION OF MALAYA IN 1955, MR BLYE JOINED THE HONG KONG CIVIL SERVICE AS A TREASURY INSPECTOR IN DECEMBER 1958. HE WAS PROMOTED TO SENIOR TREASURY ACCOUNTANT IN AUGUST 1961, TO DEPUTY ACCOUNTANT GENERAL IN FEBRUARY 1966, AND TO ACCOUNTANT GENERAL IN MARCH 1970. HE HAS BEEN THE SECRETARY FOR MONETARY AFFAIRS SINCE AUGUST 1976, AND WAS PROMOTED TO HIS PRESENT SUBSTANTIVE RANK OF SECRETARY, GOVERNMENT SECRETARIAT IN APRIL 1977. MR BLYE WILL HAVE COMPLETED OVER 26 YEARS OF SERVICE WITH THE HONG KONG GOVERNMENT, AND OVER 30 YEARS OF CROWN SERVICE ALTOGETHER, ON HIS RETIREMENT IN MARCH NEXT YEAR.
MR DAVID NENDICK
AGED 52. MR NENDICK BEGAN HIS CAREER WITH THE BANK OF ENGLAND IN 1953 AND HAS WIDE-RANGING EXPERIENCE OF MANY AREAS OF THE BANK'S OPERATIONS, INCLUDING THE CHIEF CASHIER'S OFFICE AND THE ECONOMIC INTELLIGENCE DEPARTMENT. HE HAS BEEN DEPUTY CHIEF OF THE BANKING DEPARTMENT SINCE APRIL 1983.
MR JOSEPH YAM