New MPFA COOs tackle legal reforms

Hong KongÆs Mandatory Provident Fund Schemes Authority (MPFA) has promoted two of its executive directors to COO.

Jame DiBiasio

June 05, 2001

The Mandatory Provident Fund Schemes Authority MPFA has appointed Hendena Yu and Diana Chan, formerly executive directors, to co-chief operating officers as of Monday. Yu previously oversaw the Occupational Retirement Scheme Ordinance ORSO retirement plans run by companies. She now adds the Mandatory Provident Fund MPF to her bailiwick. Chan, who oversees corporate affairs, will now also oversee policy development as well as information technology.

MPF implementation and regulation was previously overseen by executive director Raymond Tam. His new role will be to review MPF monitoring, compliance and any changes needed to it, essentially a policy development role, reporting to Diana Chan. A fourth executive director, Ernest Lee, who handled enforcement and member protection...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 1 article per month from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

North Asia