HKMA Pay Adjustments 2003

The Hong Kong Monetary Authority (HKMA) announced on Thursday March 27 that the pay adjustments for staff of the HKMA would take effect in April 2003. The changes include a further reduction of just over 5% in fixed pay for Chief Executive Joseph Yam.

Source: HKMA

The adjustments have been determined by the Exchange Fund Advisory Committee (EFAC) on the recommendations of the EFAC Remuneration and Finance Sub-Committee following its annual review of HKMA pay.

For staff at the level of Division

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