HKMA chief Norman Chan to retire in October

Norman Chan at HKMA
HKMA chief executive Norman Chan

The chief executive of the Hong Kong Monetary Authority, Norman Chan, will retire in October when his contract expires, ending a decade-long tenure in the role.

Chan’s leadership of the HKMA began shortly after the onset of the the financial crisis in 2008. The regulator significantly increased its macro-prudential powers over Hong Kong’s financial and housing sectors during his time in charge.   

Chan was appointed chief executive of the HKMA in October 2009, after serving as a director in

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