Hong Kong's Securities And Futures Commission Welcomes Re-Appointment Of Chairman

The Securities and Futures Commission (SFC) welcomes the re-appointment by the Chief Executive of Mr Carlson Tong as the Chairman of the SFC for a term of three years effective from 20 October 2015 (Note 1).

"I am delighted to be given the opportunity to lead the SFC for another three years, especially at a time when financial regulation has taken on added significance in a global market that has become more complex and challenging," Mr Tong said.

The SFC’s Chief Executive Officer, Mr Ashley Alder, said: "I have thoroughly enjoyed working with Carlson over the past three years who has been unstinting in his support and guidance to ensure the SFC achieves its core objectives of protecting investors and facilitating Hong Kong’s development as a leading international financial centre. I look forward to working with Carlson in his new term."

Mr Tong added: "I look forward to continue working with Ashley and other members of the Board in strengthening Hong Kong’s position as a world-class financial hub and enhancing collaboration with our counterparts in the Mainland."

Note:

Mr Tong has been serving as a non-executive director of the SFC since 1 April 2011 and was first appointed as Chairman on 20 October 2012.