Our Board

Mr Raymond CHAN, JP

• Executive Director (Enforcement and AML), Hong Kong Monetary Authority

 

 

Raymond joined the HKMA in 1994 and has over 30 years of experience in banking supervision. He was appointed Executive Director (Banking Supervision) in 2016 before taking up his current position in 2024.

Raymond played a pivotal role in implementing a series of reforms in the banking sector between 1998 and 2006, including deregulation of the interest rates rules, the introduction of consumer and commercial credit data sharing and the establishment of a deposit protection scheme. As Executive Director (Banking Supervision), he has strengthened the HKMA’s supervisory framework over financial and operational resilience and enhanced the forward-lookingness of banking supervision. He was instrumental in promoting fintech development and rolled out a series of initiatives to speed up fintech adoption, such as the Fintech Supervisory Sandbox, the introduction of full digital banks and the implementation of the “All banks go Fintech” initiative. He established the Banking Sector SME Lending Coordination Mechanism, through which the HKMA supports SME financing.

Raymond holds a Bachelor of Social Sciences degree in Economics from the University of Hong Kong and a Master of Science degree in Banking from the City University of Hong Kong.

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