Report: HKMA Reorganizes Senior Management Functions: Chen Weimin to Oversee Reserve Management, Li Dazhi to Take Over Monetary Management Duties
According to people familiar with the matter, the Hong Kong Monetary Authority has once again adjusted senior management positions, a move aimed at preparing for a new generation of leadership in the coming years.
According to people familiar with the matter, the Hong Kong Monetary Authority has once again adjusted senior positions, a move aimed at preparing for a new generation of leaders in the coming years.
A memo shows that the HKMA plans to reorganize some of the functions overseen by its two deputy chief executives. Chen Weimin will become Chief Executive Officer of the Exchange Fund Investment Office, responsible for reserve management. The position is currently held concurrently by Deputy Chief Executive Li Dazhi. Li Dazhi will take over monetary management duties from Chen Weimin.
All changes will take effect on November 9, one week after the Hong Kong Monetary Authority hosts the International Financial Leaders Investment Summit.
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