Securities & Futures Commission opens hunt for CEO

Advertisements for the post were published on Saturday for a global search to oversee SFC daily operations.

A global recruitment exercise for a new Securities & Futures Commission Chief Executive Officer launched on Saturday.

A selection panel chaired by Financial Secretary John Tsang has been formed to identify the most suitable candidate. Panel members are Chan Kam-lam, Dr Moses Cheng, Dr Eddy Fong, Lawrence Lee, Carlson Tong and Secretary for Financial Services & the Treasury Professor KC Chan.

A comprehensive search will be conducted both locally and overseas to identify the most suitable candidate to succeed Martin Wheatley who will leave the commission in June. Advertisements for the post were published on Saturday and an executive search firm as been engaged to assist in the recruitment exercise.

The new CEO will be pivotal in leading the commission's operations. The new chief will have the executive responsibility for the day-to-day running of the commission and will implement the regulatory objectives under the Securities & Futures Ordinance, as well as the policies and strategies set by the board.