IFEC welcomes appointment of Director

The Investor and Financial Education Council (IFEC) is pleased to announce the appointment of Mr Clement Lau as Director for a term of three years from 21 November 2024.

The appointment was made by the Securities and Futures Commission, of which the IFEC is a subsidiary of.

Mr Victor Dawes, Chairman of IFEC said, “I would like to extend a warm welcome to Mr Clement Lau. His extensive experience in public administration and financial regulation will be pivotal to the IFEC Board in offering strategic oversight and invaluable advice to further enhance financial literacy across different segments.” Mr Lau is currently the Executive Director, Policy and Legislation, of the Insurance Authority (IA).

Mr Dawes added, “On behalf of IFEC, I would like to express our sincere gratitude to outgoing Director Mr Clement Cheung, also the Chief Executive Officer of the IA, for his exceptional contributions to IFEC over the years. During Mr Cheung’s six-year tenure¹, his wealth of expertise and experience in insurance regulation has been instrumental in advancing IFEC’s mission to improve investor and financial education in Hong Kong.”

¹The term of Mr Cheung ended on 20 November 2024.