Chairman Tong said that the SFC plays a vital role in upholding
Hong Kong's position
as a leading international financial center. Ashley Alder, SFC Chief Executive
Officer, said that the SFC will continue to benefit hugely from Chairman Tong’s
vast experience of the activities and markets that the Commission regulates. Mr.
Alder also thanked outgoing Chairman Fong for his advice and unstinting support
in the past six years at a time when the global financial market faced
unprecedented challenges and uncertainties.
Monday, November 05, 2012
Carlson Tong, Hong Kong CPA and former Chair of KPMG China, Named New Chair of Securities and Futures Commission
Carlson Tong has been named the new Chair of the Hong Kong Securities and Futures Commission, replacing Dr. Eddy Fong, who has served as Chair for six years. Mr. Tong, a
accountant and a Hong Kong CPA, had been a non-executive director of the SFC
since April of 2011. Chairman Tong was a member of the SFC’s Takeovers and
Mergers Panel from 2001-2009 and a member of the Commission’s Dual Filing
Advisory Group from 2002-2008. He also served as a member of the Standing
Committee on Company Law Reform. He was Chairman of KPMG China from 2007-2011. UK