Hong Kong Monetary Authority Chief Executive Eddie Yue Reappointed for a 2nd 5-Year Term Starting 2024 October
27th July 2024 | Hong Kong
The Hong Kong Monetary Authority (HKMA) Chief Executive Eddie Yue has been reappointed for a 2nd 5-year term starting 2024 October. HKMA Chief Executive Eddie Yue (26/7/24): “I am honoured to be given the opportunity to continue to serve Hong Kong in this important role and grateful for the Financial Secretary’s confidence and trust in me. Over the past few years, Hong Kong has had to navigate a number of challenges, including the social unrest, COVID-19, an increasingly complex geopolitical landscape and higher interest rates. Despite these headwinds, our financial system, including the Linked Exchange Rate System and the banking system, has remained sound and stable. Our financial sector has continued to thrive, and we have been able to confirm and enhance our position as an international financial centre. Our banks, while remaining prudent, have made every effort to support the real economy and help businesses and the public ride out difficult times. Throughout these challenges, the HKMA team has discharged its duties with dedication, professionalism and agility. I would like to take this opportunity to thank my colleagues for their unwavering support over the past five years. I would also like to express my gratitude to the financial industry and the wider community for their support and trust in the HKMA. Looking ahead, the macroeconomic environment, the international financial landscape, and geopolitics are likely to remain complex and uncertain for some time. My team and I will remain vigilant and make every effort to keep things on an even keel and promote further development. Above all, we are committed to safeguarding monetary and financial stability. We will also work closely with the industry to better serve and support the real economy. The continued reform of our country will bring enormous opportunities for Hong Kong. We will leverage our unique advantages to further deepen the connectivity with markets on the Mainland and enhance the city’s role as the global offshore RMB hub. We will also redouble our efforts in promoting financial technology and sustainable finance to ensure that Hong Kong continues to stay at the forefront of these global trends. I believe that consolidating and expanding Hong Kong’s position as an international financial centre is the best way for us to contribute to the prosperity of our country and Hong Kong.”
“ Hong Kong Monetary Authority Chief Executive Eddie Yue Reappointed for a 2nd 5-Year Term Starting 2024 October “
Hong Kong Monetary Authority Chief Executive Eddie Yue Appointed as Chair of Bank of International Settlements’ Meeting of Governors from Major Emerging Market Economies
14th September 2023 – The Hong Kong Monetary Authority (HKMA) Chief Executive Eddie Yue has been appointed as Chair of Bank of International Settlements’ Meeting of Governors from Major Emerging Market Economies (the BIS EME Governors Meeting). The BIS EME Governors Meeting is held 3 times a year to discuss issues of importance to EMEs, including macroeconomic and financial developments and risks, structural changes in the global economy, policy considerations of central banks, and other topical matters of interest. Governors of major EME central banks from Emerging Asia, Latin America, Middle East and Africa, and Emerging Europe currently participate in the Meeting. HKMA Chief Executive Eddie Yue: “Emerging market economies (EMEs) are playing an increasingly important role in the global economy and international financial system. The BIS EME Governors Meeting provides a useful venue for major EMEs across the world to exchange views on pertinent economic and financial issues. I look forward to working with EME governors to promote economic development and monetary and financial stability.”
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