HKMA chief Norman Chan to retire in October

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HKMA chief executive Norman Chan

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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