Norman Chan

Norman Chan
Norman Chan
	File:Chan Tak-Lam Norman 陳德霖.jpg
2nd Chief Executive of the Hong Kong Monetary Authority
	Incumbent
	Assumed office; 1 October 2009
Preceded by	Joseph Yam
Personal details
Born	Norman Chan Tak-Lam; 1954; Hong Kong
Nationality	Hong Kong Chinese
Political party	none
Children	2
Alma mater	Queen's College; Chinese University of Hong Kong
Occupation	Treasury official, Civil servant
Profession	Sociologist, bank director, civil servant
Signature

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Norman Chan Tak-Lam, SBS, JP (born 1954), is a Hong Kong banker, treasury official, and civil servant. Chan currently serves as the Chief Executive of the Hong Kong Monetary Authority, a position he has held since on 1 October 2009, following the retirement of his predecessor, Joseph Yam.^[1]^[2] Chan previously served as Director of the Office of the Chief Executive of the Hong Kong Special Administrative Region and Regional Vice-Chairman of Standard Chartered Bank.^[3]

Career

Norman Chan graduated from Queen's College, Hong Kong, followed by earning a degree in the sociology from the Chinese University of Hong Kong. In 1976 Chan entered the Hong Kong Civil Service as an Administrative Officer. By 1991 he was appointed a Deputy Director of Monetary Management at the Exchange Fund of Hong Kong. In 1993 he became the Executive Director of the Hong Kong Monetary Authority at the authority's creation. Chan was promoted to vice president of the Hong Kong Monetary Authority. In December 2005, he became the Vice-Chairman of the Asian region of Standard Chartered Bank.^[3] In July 2007, he was appointed as Director of the Office of the Hong Kong Chief Executive. On 17 July 2009, Financial Secretary John Tsang, announced that Norman Chan was to replace Mr. Joseph Yam as the Chief Executive of the HKMA following Joseph Yam's retirement. Chan is compensated with an annual salary of six million Hong Kong dollars.^{[citation needed]}

Government offices
Preceded by John Tsang	Director of the Chief Executive's Office 2007–2009	Succeeded by Raymond Tam
Preceded by Joseph Yam	Chief Executive of the Hong Kong Monetary Authority 2009 – present	Incumbent
Order of precedence
Preceded by Henry Leimer Honorary Consul for Liechtenstein	Hong Kong order of precedence Chief Executive of the Hong Kong Monetary Authority	Succeeded by Edward Yau Director of the Chief Executive's Office