Profile of Hong Kong gov't official: K. C. Chan

    HONG KONG, June 23 (Xinhua) -- K. C. Chan was appointed Saturday by China's Central People's Government as secretary for Financial Services and the Treasury of the third-term Hong Kong Special Administrative Region (HKSAR) government, on the nomination of HKSAR Chief Executive Donald Tsang.

    The following is Chan's brief biography:

    Aged 50, Professor Chan joined the Hong Kong University of Science and Technology in 1993 and was appointed Dean of Business and Management in July 2002.

    Chan received his bachelor's degree in economics from Wesleyan University and both his M.B.A. and Ph.D. in finance from the University of Chicago. His research interests include pricing of risky assets, the performance of equity trading strategies, market microstructure, and regulatory issues dealing with the efficiency of financial markets.

    Chan held a number of public service positions including: Chairman of the Consumer Council, member of the Commission on Strategic Development, Commission on Poverty, the Exchange Fund Advisory Committee, the Hang Seng Index Advisory Committee, and the Hong Kong Council for Academic Accreditation. He is former President of the Asian Finance Association and current President of Association of Asia Pacific Business Schools.

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