Tencent Finance Academy (Hong Kong) Appoints Advisory Board to Support FinTech Development in the Greater Bay Area

Tencent Finance Academy (Hong Kong) (TFAHK), under Tencent (Hong Kong Stock Exchange stock code: 00700), today announced the formation of its advisory board made up of leaders and industry experts from various government departments, academic institutions and from within the financial technology industry. The newly formed advisory board’s goal is to support FinTech talent development and advise on overall regional strategy, as well as to foster the sustainable growth of the FinTech ecosystem in the Greater Bay Area.

Representing various sectors related to financial technology, the TFAHK advisory board is comprised of:

Dean of Tencent Finance Academy (Hong Kong)

1. Mr Jim LAI
   Vice President, Tencent
   Chairman, Fusion Bank

Honorary Advisors

1. The Hon Bernard Charnwut CHAN, GBM, GBS, JP
   The Convenor of the Non-Official Members of the Executive Council
2. Dr the Hon Moses CHENG, GBM, GBS, JP
   Consultant, P C Woo & Co, Solicitors & Notaries
3. Prof Wei SHYY, JP
   President, The Hong Kong University of Science and Technology
4. Prof Yonghua SONG
   Rector, University of Macau
5. Mr Carlson TONG, GBS, JP
   Chairman, University Grants Committee
6. Dr Sunny CHAI, BBS
   Chairman, Hong Kong Science and Technology Parks Corporation
7. Dr George LAM, BBS
   Chairman, Hong Kong Cyberport
8. Mr Stephen Kai-yi WONG
   Practising Barrister
   Former Privacy Commissioner for Personal Data, Hong Kong

Advisors

1. Ms Carrie LEUNG, MH
   Chief Executive Officer, The Hong Kong Institute of Bankers
2. Ms Haster TANG
   Chief Executive Officer, Hong Kong Interbank Clearing Limited
3. Dr Christopher CHUANG Tze Cheung
   Chairman, IATS Holding Limited
   Founder, Greater Bay Area Fintech Promotion Association
4. Mr. Jason LAU Wai King
   Chief Information Security Officer
   Adjunct Professor, Cybersecurity and Privacy, Hong Kong Baptist University

Management Team

1. Mr James LI Tsz Shu
   Senior Director of Hong Kong, Macao and Cross-Border Financial Affairs, Tencent
2. Dr Dorothy CHAU Chung Kei
   Director of Hong Kong, Macao and Cross-Border Financial Affairs, Tencent
3. Ms Rachel TAY Siew Ling
   Manager of Policy and Cooperation, VB Innovative Products Department, Tencent

Jim Lai, Vice President of Tencent, Chairman of Fusion Bank, and Dean of Tencent Finance Academy (Hong Kong), said, “One of Tencent Finance Academy’s goals since its establishment is to meet the long-term development needs of the financial industry in the Greater Bay Area. We proudly welcome our advisors, comprised of esteemed professionals, thought leaders and industry experts from various related sectors, to ensure that TFAHK continues to make a significant and beneficial impact on the sustainable growth of the FinTech industry.”

Dr the Hon. Moses CHENG, GBM, GBS, JP, said, “On behalf of my fellow members of the newly formed TFAHK advisory board, we highly look forward to exploring the synergies with TFAHK and will strive to bring our experiences, insights and expertise through different forms of involvement and collaboration, in order to foster the FinTech development and global economic development in the Greater Bay Area.”

TFAHK has already achieved key milestones since its establishment in 2018. In only its second year, TFA established a strategic collaboration with the University of Hong Kong on FinTech-related research and talent development initiatives and expanded the all-round FinTech Talent Nurturing Programme to the Greater Bay Area, among other achievements. Marching on towards 2021, TFAHK, working with its newly formed advisory board, is exploring new opportunities to expand its target to not just focusing on current university students but also to include recent graduates and returning overseas students with a keen interest in the FinTech industry.

Finally, as the emergence of COVID-19 has accelerated the global development of FinTech, industry bodies are now paying much more attention to the regulations surrounding the FinTech industry. Thus, the Academy will work with the advisory board to assess critical topics such as Regulatory Technology (RegTech), Supervisory Technology (SupTech), Cybersecurity, Data Privacy and more, and further promote the sustainable development of the FinTech ecosystem in Hong Kong and the rest of the Greater Bay Area.