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Thu 09 Dec - Thu 16 Dec, 2004
(Session 423)
Country/Region: China
Fung Global Institute Chairman, Securities and Futures Commission, Hong Kong Biography:
Andrew Sheng (Chair) is chairman of the Hong Kong Securities and Futures Commission, a post he has held since October 1998. He was the deputy chief executive of the Hong Kong Monetary Authority from 1993 to 1998, responsible for the Reserves Management and External Departments. Between 1989 and 1993, Dr. Sheng worked with the Financial Sector Development Department of The World Bank in Washington, DC. From 1976 to 1989, he held various positions at Bank Negara Malaysia, the Central Bank of Malaysia, including chief economist and assistant governor in charge of bank and insurance regulation. In October 2003, Dr. Sheng was appointed the interim chairman of the International Organization of Securities Commissions? Technical Committee. He is the convenor of the China Banking Regulatory Commission Council of International Advisors and a member of the G-30 Accounting Project. In 2001, he co-chaired Working Party 2 of the Group of Thirty Clearing and Settlement Project Steering Committee and, in 1999, he chaired the Financial Stability Forum?s Task Force on Implementation Standards. Dr. Sheng is the recipient of Hong Kong?s Silver Bauhinia Star. He is a justice of the peace, a chartered accountant, and holds a first class Honours degree in economics and doctor of law degree from the University of Bristol, United Kingdom.
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