Appointments to Board of Financial Services Development Council announced
The Government announced today (January 14) that the Chief Executive had appointed Mr Benjamin Hung Pi-cheng as the new Chairman of the Board of Directors of the Financial Services Development Council (FSDC), and reappointed three incumbent Vice-Chairmen, Ms Ding Chen, Mr Daniel R Fung, SC and Mr Andrew Walter Bougourd Ross Weir.
The Chief Executive has also appointed four new members, Mr Edward Au Chun-hing, Ms Aveline San Pau-len, Mr Tony Tang Xiaodong and Ms Daisy Yeung, as well as reappointed four incumbent members, Dr Adrian Cheng Chi-kong, Mr Damien Allen Green, Mr Jeremy Dinshaw Lam and Ms Amy Lo Choi-wan. All appointments are effective from January 17, 2025, for a term of two years.
The Secretary for the Financial Services and the Treasury, Mr Christopher Hui, said, "Through conducting policy research, promoting market development and nurturing talent, the FSDC has made most valuable contributions to Hong Kong's financial services industry. Mr Hung is a seasoned banker with extensive experience and profound knowledge in international finance. Over the years, he has been serving the community and taken on various public positions. We are confident that, under Mr Hung's leadership and with four industry leaders joining as new members, the FSDC will continue to develop and strengthen its connections with global stakeholders, thus reinforcing Hong Kong's status as an international financial centre."
Mr Hui added, "We extend our heartfelt gratitude to the outgoing Chairman, Mr Laurence Li Lu-jen, SC. Mr Li's sterling leadership has enabled the FSDC to attain remarkable achievements in effectively delivering its missions and promoting the further development of Hong Kong's financial services industry over the past six years." He also expressed gratitude to the four outgoing members, Ms Diana Cesar, Ms Lena Chan, Mr Brian Li Man-bun and Dr Lin Yong, for their contributions to the FSDC during their tenure.
The FSDC was established in 2013 by the Government as a high-level advisory body to engage the industry in formulating proposals to promote the further development of Hong Kong's financial services industry and to map out strategic directions for development.
The membership list of the FSDC Board of Directors with effect from January 17, 2025, is as follows:
Chairman
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Mr Benjamin Hung Pi-cheng*
Vice-Chairmen
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Ms Ding Chen
Mr Daniel R Fung, SC
Mr Andrew Walter Bougourd Ross Weir
Members
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Mr Edward Au Chun-hing*
Mr Ronald Chan Wai-yan
Mr Ben Chan Wei-beng
Dr Adrian Cheng Chi-kong
Mr Damien Allen Green
Mr Jeremy Dinshaw Lam
Ms Luanne Lim Hui-hung
Ms Amy Lo Choi-wan
Ms Aveline San Pau-len*
Ms Jennifer Tan Yuen-chun
Mr Tony Tang Xiaodong*
Ms Daisy Yeung*
Dr Au King-lun (in the capacity as Executive Director of the FSDC)
Ex-officio member
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Mr Christopher Hui (in the capacity as Secretary for Financial Services and the Treasury)
* New appointees
EDB reminds parents to choose primary schools under Central Allocation process for their children
The Education Bureau (EDB) today (January 12) reminded parents that children who have joined the Primary One Admission (POA) System for 2026 but have not yet secured a discretionary place can take part in the Central Allocation process for a Primary One (P1) place in a government or aided primary school. Parents concerned should make their choice of schools within the period from January 19 to 25.
Digitalisation of POA
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In line with the Smart Government strategy, the EDB has fully implemented digitalisation of the POA. Parents who have registered as POA e-Platform (ePOA) users and have bound their account to "iAM Smart+" may submit the Choice of Schools Form for Central Allocation from January 19 to 25 through the ePOA. Please refer to the related videos and Parent's Guide on the EDB's website (www.edb.gov.hk/en/edu-system/primary-secondary/spa-systems/primary-1-admission/poa_eplatform/index.html) for details of the procedures for activating and logging into an ePOA account and for making school choices for the Central Allocation of POA via the e-Platform.
Making school choices at Central Allocation Centres
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The EDB will send letters to parents on January 14 inviting them to make their choice of schools. To cater for the needs of different parents, parents can still submit the Choice of Schools Form in paper form by visiting the designated Central Allocation Centre at the suggested time slot (i.e. 9.30am to 12.30pm or 1.30pm to 4.30pm on January 24 (Saturday) or 9.30am to 12.30pm on January 25 (Sunday)) stated in the letter.
Parents who are ePOA users may choose to submit the Central Allocation Application via the ePOA or in paper form to the Central Allocation Centre but should not submit duplicate applications. Parents who have not yet received the letter by January 19 should call the School Places Allocation Section of the EDB (Hotline: 2832 7700) as soon as possible.
Only one parent of an applicant child is required to complete the school choice-making procedures. Parents are advised not to take their children to the Central Allocation Centre if possible. Parents who cannot make school choices within the suggested time slot can go to the designated Central Allocation Centre from 1.30pm to 4.30pm on January 25. The Choice of Schools Form will be sent together with the letter to parents who have submitted a paper Application Form at the Discretionary Places stage for filling out in advance.
In the event of adverse weather or other special conditions on any day during the period of making school choices, please pay heed to radio or television announcements on the relevant special arrangements.
Unable to submit application within specified choice-making period
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For individual parents who are unable to use the ePOA or go to the Central Allocation Centre to make school choices, they can authorise in writing a representative to bring the completed Choice of Schools Form and their signed Letter of Authorisation to the Central Allocation Centre to proceed with the related procedures.
To apply for POA 2026 for their children after January 25, parents need to complete necessary procedures with the School Places Allocation Section, which will separately arrange P1 places for the applicant children in June.
Change of residential address
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An EDB spokesman reminded parents that, if they have recently moved their residence or have such plans in the near future, they are required to inform the School Places Allocation Section as soon as possible so that they can make school choices in the POA School Net where their new home is located. Parents should fill in the actual residential address of their child. If they provide a false address for securing a P1 place, the POA application of their child will be rendered void and the P1 place allocated will be withdrawn.
The EDB has put in place a monitoring mechanism to verify the residential addresses of applicant children as given by the parents. Random checks have also been stepped up. The public may call the School Places Allocation Section to report suspected cases of using a false address by parents for their children's POA application. The EDB will take action against false address cases.
Mechanism of Central Allocation
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Central Allocation is composed of two parts. Part A, which takes up 10 per cent of the P1 places earmarked for Central Allocation, is for unrestricted school choices. Parents can choose up to three government or aided primary schools in any school net. Part B takes up the remaining 90 per cent of the P1 places earmarked for Central Allocation. Parents of applicant children residing in the school net concerned are to select schools from the "Choice of Schools List for Central Allocation (Primary One Admission 2026)" of their school net, while parents of applicant children who intend to commute daily to schools in Hong Kong are to select schools from the "2026 Choice of Schools List for Central Allocation (For Applicant Children who intend to commute daily to schools in Hong Kong)". Parents should fill in the Choice of Schools Form in the order of their preference.
The mechanism of the Central Allocation is based on parents' choices in general. The computer-programmed allocation will first process the school choices in Part A and then the school choices in Part B. For oversubscribed schools, the order of priority in allocating places will be determined by random numbers generated by the computer for individual applicants to ensure fairness.
For information about the procedures for Central Allocation, please call the EDB's 24-hour automatic telephone enquiry service at 2891 0088.
Release of Central Allocation results
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For parents who have already activated their ePOA account via "iAM Smart" or "iAM Smart+", they will receive their Central Allocation results through the ePOA from 10am on June 3. Parents who wish to receive the allocation results via SMS on June 3 may choose such an option in the Choice of Schools Form. In addition, the allocation results will be sent to parents by post on June 3 and 4.
Source: AI-found images
