FRIDAY, APRIL 28, 1989
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APPOINTMENT OF SFC NON-EXECUTIVE DIRECTORS
* *
MR
THOMAS
THE GOVERNOR HAS APPOINTED MR DENIS CHANG KHEN-LEE,
MR PETER WONG CHEN TSENG-TAO, MR DENYS CONNOLLY, MR FRANK FRAME AND
THE SECURITIES
AND FUTURES HONG-YUEN AS NON-EXECUTIVE DIRECTORS OF
THE FINANCIAL SECRETARY, COMMISSION (SFC) FROM MAY 1 THIS YEAR, PIERS JACOBS, ANNOUNCED TODAY (FRIDAY).
MR
INDEPENDENT AND WOULD BE
HE SAID THE NON-EXECUTIVE DIRECTORS WOULD BRING AN
OF THE SFC, VIEW TO THE MANAGEMENT AND ORGANISATION FULLY INVOLVED IN ITS POLICY DEVELOPMENT.
OF THE
UNDER SECTION 5
SFC ORDINANCE, THE GOVERNOR SHALL WHOM SHALL APPOINT NOT LESS THAN EIGHT DIRECTORS TO THE SFC, HALF OF BE NON-EXECUTIVE DIRECTORS.
BOTH MR DENYS
AND CONNOLLY
PETER
CURRENTLY MEMBERS OF
COMMISSION THE SECURITIES DISSOLVED UPON THE ESTABLISHMENT OF THE SFC ON MAY 1.
MR
WHICH
WONG HONG-YUEN WILL
ARE
BE
"THEIR APPOINTMENT TO THE SFC WILL HELP PROVIDE CONTINUITY THE NEW REGULATORY AUTHORITY," MR JACOBS SAID.
FOR
PRACTISING BARRISTER HE IS ALSO A THE INLAND REVENUE
IS A MR DENIS CHANG KHEN-LEE, AGED 45. AND A PAST CHAIRMAN OF THE HONG KONG BAR ASSOCIATION. MEMBER OF THE PROVISIONAL HOSPITAL AUTHORITY AND BOARD OF REVIEW.
MR THOMAS CHEN TSENG-TAO, AGED 64, IS THE CHAIRMAN OF HANG LUNG A MEMBER OF DEVELOPMENT CO. LTD AND AMOY PROPERTIES LTD, HE IS ALSO THE LAND DEVELOPMENT CORPORATION,
57.
IS A
MR DENYS CONNOLLY, AGED
QUALIFIED ACCOUNTANT AND MEMBER OF THE STANDING COMMITTEE ON COMPANY LAW REFORM.
OF THE DEPUTY CHAIRMAN
IS ALSO A MEMBER OF COMMITTEE OF THE INDEPENDENT
FRAME, AGED
THE MR FRANK HONGKONG AND SHANGHAI BANKING CORPORATION. HE
PREVENTION ADVISORY THE CORRUPTION
59,
IS
COMMISSION AGAINST CORRUPTION.
LEGISLATIVE COUNCILLOR OF ACCOUNTANTS. HE IS THE TRIBUNAL AND
MR PETER WONG HONG-YUEN, AGED 45, IS A AND A PAST CHAIRMAN OF THE HONG KONG
ALSO
AN
ADJUDICATOR ON BOTH THE
SOCIETY IMMIGRATION
REGISTRATION OF PERSONS TRIBUNAL.
THE APPOINTMENTS ARE FOR PERIODS RANGING FROM ONE TO TWO YEARS.
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