The Government gazetted today (24th) that the Financial Secretary, in accordance with the delegated power of the Chief Executive, appointed the former Ombudsman, Mrs Lau Yan-ching, as the chairman of the Hong Kong Deposit Protection Board. The Secretary for Administration, Mr Hui Zhengyu, thanked the outgoing Chairman Hui Jingwen for leading the development of the Deposit Protection Board and the Deposit Protection Scheme in Hong Kong over the past six years.
The Hong Kong Deposit Protection Board is a statutory body established under Section 3 of the Deposit Protection Ordinance. Its members are appointed by the Financial Secretary authorized by the Chief Executive and come from different professional sectors, such as accounting, consumer protection, investment, information technology and Public Administration, which administers the operation of the Deposit Protection Scheme, protects depositors and helps maintain the stability of the banking system.
Xu Zhengyu welcomes this appointment and thanks the outgoing chairman Xu Jingwen for his contributions over the past six years
According to the Treasury Bureau, the Financial Secretary has appointed Liu Yanqing as the chairman of the CDB under the authority delegated by the Chief Executive. He has also appointed barrister Mak Yip-shing and reappointed Chen Guanxiong and Li Guoan as members of the committee for the same period.
The Secretary for the Treasury, Xu Zhengyu, welcomes the appointment. He is confident that under the leadership of Liu Yanqing and other members, the Deposit Protection Committee will continue to maintain a sound and orderly deposit protection scheme for Hong Kong. Development of the Committee and the Deposit Protection Scheme, and the appointments are gazetted today.
Liu Yanqing is currently the Director-General of the Hong Kong Breast Cancer Foundation and has served as the Director-General of the Consumer Council for many years
Liu Yanqing, currently the Director General of the Hong Kong Breast Cancer Foundation, has extensive experience in public administration, having served as the Ombudsman from 2014 to 2019, before serving as the Director General of the Consumer Council for over 5 years.
01 Interview｜Nearly 1,000 people participated in breast cancer screening in the first month of Liu Yanqing: good response, can be extended to grass-roots CDB investigations｜Hong Kong people deposit an average of 6,600 yuan a month and deposit up to 490,000 yuan before they feel safe. Ombudsman Liu Yanqing presided over the last term The press conference hopes that the successor will complete the work fairly and justly
