Andrew Sheng | |||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Traditional Chinese | 沈聯濤 | ||||||||||||||||
Simplified Chinese | 沈联涛 | ||||||||||||||||
|
Tan Sri Andrew Sheng (born 1946) is Hong Kong-based Malaysian banker,academic and commentator. He started his career as an accountant and is now a distinguished fellow of Fung Global Institute,a global think tank based in Hong Kong. [1] He served as chairman of the Hong Kong Securities and Futures Commission (SFC) before his replacement by Martin Wheatley in 2005. [2]
Sheng grew up in British North Borneo (today Sabah,Malaysia). He left Malaysia in 1965 to attend the University of Bristol in England,where he studied economics. [1]
Following his graduation,Sheng moved to London and joined Arthur Andersen to train as a chartered accountant. After seven years in England,he returned to Malaysia in 1972,and four years later took up a position at Bank Negara Malaysia,where he did work involving banking regulation. In 1989 he was seconded to the World Bank office in Washington,DC;he came back to Asia in 1993 to serve as deputy chief executive of the Hong Kong Monetary Authority. [1] After that,he was appointed to his position on Hong Kong's SFC in October 1998;Tung Chee Hwa re-appointed him in October 2003 for a further two years. [3] In 2005,he stepped down in favour of Wheatley,who had joined the SFC the year prior after being removed from his position at the London Stock Exchange. [2] [4] Sheng became president of Fung Global Institute,an independent,global think tank based in Hong Kong,in 2011.
As of 2013 [update] ,Sheng is also the chief adviser to the China Banking Regulatory Commission and a board member of Khazanah Nasional Berhad,Malaysia. In addition,he serves as a member of the International Advisory Council of the China Investment Corporation,the China Development Bank,the Advisory Council on Shanghai as an International Financial Centre and the International Council of the Free University of Berlin. He is also an adjunct professor at the Tsinghua University School of Economics and Management,Beijing and the University of Malaya,Kuala Lumpur.
In 2013,Sheng was awarded by the Hong Kong Securities and Investment Institute (HKSI) as honorary fellow.
In 2013, Time magazine named Sheng as one of the 100 most influential people in the world. [5]
Since 2011,Sheng has written columns for Project Syndicate,a non-profit international media organization. [6]
The Hong Kong Monetary Authority (HKMA) is Hong Kong's central banking institution. It is a government authority founded on 1 April 1993 when the Office of the Exchange Fund and the Office of the Commissioner of Banking merged. The organisation reports directly to the Financial Secretary.
The Bank of East Asia Limited, often abbreviated to BEA, is a Hong Kong banking and financial services company, headquartered in Central, Hong Kong. It is currently the largest independent local Hong Kong bank, and one of two remaining family-run Hong Kong banks, with the other being Dah Sing Bank. It continues to be run by 3rd and 4th generation of the Li family.
Guotai Junan Securities Co., Ltd. (GTJA) is one of the largest investment banks and securities companies in the People's Republic of China.
David Michael Webb is an activist investor, share market analyst and retired investment banker based in Hong Kong.
CLSA Ltd. is a capital markets and investment group focused on alternative investment, asset management, corporate finance and capital markets, securities and wealth management for corporate and institutional clients.
The Securities and Futures Commission (SFC) of Hong Kong is the independent statutory body charged with regulating the securities and futures markets in Hong Kong. The SFC is responsible for fostering an orderly securities and futures markets, to protect investors and to help promote Hong Kong as an international financial centre and a key financial market in China. Even though it is considered to be a branch of the government, it is run independently under the authorisation of the laws relating to Securities and Futures.
Liu Mingkang is a former Chinese politician, public servant and economist from China. He graduated from the University of London in 1987. In 1988 he received an MBA from the Cass Business School. He served as chairman of the China Banking Regulatory Commission from its creation in 2003 until he reached the retirement age of 65. During his tenure he was responsible for putting in place an effective regulatory structure which helped the Chinese banking system weather the global financial crisis and emerge relatively healthy and well capitalized.
Julia Leung Fung-yee, SBS is the executive director of the Securities and Futures Commission (SFC) of Hong Kong. She was formerly one of the undersecretaries appointed by the Government of Hong Kong in 2008.
Hong Kong Mercantile Exchange was an electronic commodities exchange established in Hong Kong for the trading of commodity futures, options and other financial derivatives. The exchange was originally pitched as a platform to trade oil futures. In fact, it ended up trading mainly silver and gold futures.
Du Jun is a Chinese businessman and financier with origins in Beijing. He was known for his role as former managing director of the Wall Street investment bank Morgan Stanley in Hong Kong.
The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom.
Fung King Hey (1922–1985), was a Hong Kong businessman. He was born in Guangzhou, mainland China. He is the co-founder of Hong Kong-based Sun Hung Kai & Co. and was reputed as "King of securities world" and "Godfather of the stock market". His business in Hong Kong included property development, stock-broking and banking. Fung also briefly migrated to Canada from 1967 to 1968.
Martin Wheatley is a British financier, formerly managing director of the Consumer and Markets Business Unit of the Financial Services Authority in the UK, and is the former CEO of the Financial Conduct Authority.
Wei Christianson is a Chinese-American businesswoman and lawyer who is the CEO of Morgan Stanley's China operations and Co-CEO of its Asia Pacific division. She is also a member of its management committee.
Guosen Securities Company Limited is a Chinese state-owned financial services company headquartered in Shenzhen, China, with more than 70 branches and 11,500 employees nationwide. It has offices in 47 major cities in China including Shenzhen, Beijing, Guangzhou, Foshan, Nanjing, Shanghai, Tianjin and Hong Kong. Guosen Securities provides sales and trading, investment banking, research, asset management, private equity, and other financial services with both institutional and retail clients in China and Hong Kong. It also operates a trading platform called GuoXin TradingStation.
David Sun Tak-kei, GBS, JP was Director of Audit of Hong Kong, a "principal official" position, between 2012 and 2018, and was the president of the Hong Kong Institute of Certified Public Accountants between 2003 and 2007.
Carl Tong Ka-wing is a Hong Kong businessman. He is the co-chairman of the Macau Legend Development and is a former unofficial member of the Legislative Council of Hong Kong from 1984-1985.
John Ho is Chief Industrialist Investor of Janchor Partners.
The Market Misconduct Tribunal is an independent body in Hong Kong which is established under the Securities and Futures Ordinance (SFO), and is chaired by a judge or former judge of the High Court who sits with two members.