WEDNESDAY, MARCH 10, 1993
IN WELCOMING THE NEW APPOINTMENTS, THE FINANCIAL SECRETARY, HAMISH MACLEOD, SAID:
"THE EXPANSION IN MEMBERSHIP IS A REFLECTION OF RESPONSIBILITY OF THE COMMITTEE WHICH WILL ARISE ON THE OF THE HONG KONG MONETARY AUTHORITY.
"
MR
THE INCREASED ESTABLISHMENT
SECRETARY,
FUND ADVISORY
THE AUTHORITY WILL BE ACCOUNTABLE TO THE FINANCIAL WHO WILL CONTINUE ΤΟ BE ADVISED BY THE EXCHANGE COMMITEE ON MATTERS RELATING TO THE CONTROL OF THE EXCHANGE FUND.
BUT REINFORCING A TREND OVER RECENT YEARS, THE INVOLVEMENT OF THE COMMITTEE IN MONETARY AND INVESTMENT MANAGEMENT MATTERS WILL BECOME MUCH CLOSER AND THE COMMITTEE WILL FUNCTION VERY MUCH LIKE A MANAGEMENT BOARD, INCLUDING ADVISING THE FINANCIAL ANNUAL BUDGET OF THE MONETARY AUTHORITY.
SECRETARY
ON THE
"THE THREE NEW APPOINTEES, WHO ARE ALL DISTINGUISHED MEMBERS OF THE FINANCIAL SECTOR, WILL BRING A WEALTH OF EXPERIENCE ΤΟ THE COMMITTEE'S DELIBERATIONS,' MR MACLEOD SAID.
M
FOLLOWING THE EXPANSION IN MEMBERSHIP, THE COMPOSITION COMMITTEE WILL BE; -
THE FINANCIAL SECRETARY (CHAIRMAN)
OF THE
THE CHIEF EXECUTIVE (DESIGNATE), HONG KONG MONETARY AUTHORITY
MR MARVIN CHEUNG KIN-TUNG
PROFESSOR CA E GOODHART
SIR QUO-WEI LEE
MR ANTONY LEUNG KAM-CHUNG
MR DAVID LI KWOK-PO
MR A W NICOLLE
SIR WILLIAM PURVES
MR ZHOU ZHENXING
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