HKIB marks 55 years of achievements in capacity building of banking practitioners

HONG KONG, June 19, 2018 /PRNewswire/ -- The Hong Kong Institute of Bankers (HKIB), former and current government officials across the region, prominent banking leaders as well as over 400 HKIB members gathered last week to commemorate the Institute's 55^th anniversary. Founded in 1963, HKIB has served the local banking and financial industry as a professional training provider and qualification benchmark setter.

A Fellowship Conferment Ceremony was also held to recognise a number of industry leaders who have been integral to the Institute's accomplishments in the past and key to its success in the future. A total of nine eminent banking leaders were conferred as Honorary Fellows or Fellow Certified Bankers during the ceremony.

The high-profile event in celebration of this milestone was attended by Mr. SHANG Fulin Hon. Fellow (HKIB), Former Chairman of the China Banking and Insurance Regulatory Commission, Mr. Paul CHAN GBM, GBS, MH, JP, Financial Secretary of the Hong Kong SAR, Mr. Norman CHAN GBS, JP, FHKIB, Chief Executive of the Hong Kong Monetary Authority and the Honorary President of HKIB, along with other stakeholders and members of the banking and financial services community.

During the ceremony, Mr. SHANG Fulin gave a speech on the topic of 'The Development of Banking and Prevention of Risk under the New Normal', in which he said, "Hong Kong's banking industry is developing healthily and financial risks are under proper control. Hong Kong's status as an international financial centre has been further strengthened. At this significant juncture in time, in order to seize business opportunities brought forth by the economic paradigm and counter the challenges created by changes in the global business environment as well as facilitating the quality development of China's banking industry, the financial industry has needed to form a deeper understanding of the development direction under the New Normal, so as to ride this trend and comply with the new rules. The industry will continue to focus on three areas -- serving the real economy, controlling financial risks and deepening financial reforms."

"The Guangdong-Hong Kong-Macau Bay Area which is now being mapped out will provide a solid platform for Hong Kong's banking industry to share the opportunities in the New Normal economy, as well as providing a bigger stage for the stable development of Hong Kong's banking industry," said SHANG.

Elaborating on the important role of HKIB in the local banking landscape, Mr. Peter WONG JP, Hon. Fellow (HKIB), President of HKIB discussed the Institute's current commitments and future aspirations at his opening remarks. "At HKIB, we all look forward to deepening our ties with the industry on the area of continuous talent development. We need new energy, new power and new ideas to keep our members better informed, connected, educated and qualified to meet the rapidly changing needs of Hong Kong's modern banking industry," said WONG.

At the Fellowship Conferment Ceremony, Mr. Paul CHAN conferred fellowships on the following nine distinguished individuals, in recognition of their invaluable contribution to both the Institute and the wider industry in their different capacities.

Honorary Fellows

• Dr. Patrick Y. B. FUNG JP, Hon. Fellow (HKIB)
  Chairman, OCBC Wing Hang Bank Limited
• Mr. Philip S. M. FUNG Hon. Fellow (HKIB)
  Deputy Chief Executive, Chong Hing Bank Limited
• Dr. The Hon David K. P. LI GBM, GBS, JP, Hon. Fellow (HKIB)
  Chairman & Chief Executive, The Bank of East Asia, Limited
• Prof. LIU Mingkang Hon. Fellow (HKIB)
  Former Chairman, China Banking and Insurance Regulatory Commission
• Mr. SHANG Fulin Hon. Fellow (HKIB)
  Former Chairman, China Banking and Insurance Regulatory Commission
• Mr. Peter T. S. WONG JP, Hon. Fellow (HKIB)
  HSBC Group Managing Director, Deputy Chairman and Chief Executive, The Hongkong and Shanghai Banking Corporation Limited

Fellow Certified Bankers

• Mr. David S. C. KWOK Fellow Certified Banker
  Managing Director and Chief Executive, Shanghai Commercial Bank Limited
• Mr. TONG Hon-shing Fellow Certified Banker
  Deputy Chief Executive and Chief Operating Officer, The Bank of East Asia, Limited
• Mr. Derek H. H. WONG Fellow Certified Banker
  Vice Chairman, Dah Sing Bank Limited

Photo caption:

Download Photo 1: https://www.dropbox.com/s/6doqlv8r1eustl0/HKIB%2055th%20anniversary_photo1.jpg?dl=0

A toasting ceremony was held at the event in celebration of The Hong Kong Institute of Bankers' 55^th anniversary. The celebratory event was attended by Mr. SHANG Fulin, Former Chairman of the China Banking and Insurance Regulatory Commission, Mr. Paul CHAN, Financial Secretary of the Hong Kong SAR, Mr. Norman CHAN, Chief Executive of the Hong Kong Monetary Authority and the Honorary President of HKIB and Mr. Peter WONG, President of HKIB and the Deputy Chairman and Chief Executive, The Hongkong and Shanghai Banking Corporation Limited, along with other stakeholders and members of the banking and financial services community.

Download Photo 2: https://www.dropbox.com/s/n3tdatqov2z6a7j/HKIB%2055th%20anniversary_photo2.jpg?dl=0

A total of nine eminent banking leaders in Hong Kong were conferred as Honorary Fellows or Fellow Certified Bankers at The Hong Kong Institute of Bankers' 55^th anniversary celebratory event.

Key milestones

1963: Hong Kong Centre of the Institute of Bankers, London was established with 158 founding members
1990: Developed syllabuses to cater for local industry needs at Association Examination Level 
1995: Hong Kong Centre of the Institute of Bankers was renamed as The Hong Kong Institute of Bankers
2005: Opening of the Institute's Beijing Representative Office
2013: Launched the first and only non-tertiary institute's programme accredited at Level 6 under the HKCAAVQ in Hong Kong
2017: Launch of Certified Banker and Enhanced Competency Framework on Anti-Money Laundering and Counter-Financing of Terrorism

For further enquiries, please contact

Paradigm Consulting
Helen Lam
(852) 2251 9082/ 9277 7672
helen.lam@paradigmconsulting.com.hk

Notes to editors:

About The Hong Kong Institute of Bankers
The Hong Kong Institute of Bankers (HKIB) has been serving the local banking community as an independent organisation in the provision of education and professional training since 1963. The Institute also acts as an industry-recognised training and certifying hub for the local banking community. With an objective to maintain and further develop the territory's status as an international financial centre, the Institute works with the support of banks, regulators, financial institutions, academic institutions and various professional bodies to provide local banking practitioners with professional training and development opportunities. In view of the changing landscape of the banking and financial services industry in Hong Kong and Mainland China as well as on global scale, the importance of continuing to enhance the standards of professional development has gained increased attention. HKIB endeavors to provide and enhance its training and development products in order to equip its members with essential knowledge and skills that meet the industry's needs.

Official website: https://www.hkib.org/
LinkedIn: https://hk.linkedin.com/company/the-hong-kong-institute-of-bankers