Eddie Yue has been reappointed as the chief executive of the Hong Kong Monetary Authority (HKMA) for another five-year term starting October 1. Yue, who began his career in Hong Kong’s government in 1986 and joined the HKMA in 1993, has led the institution since October 2019. His new term includes a fixed annual salary of SGD7.4m, reviewed annually against inflation, and a performance-linked variable pay capped at SGD2.3m. Financial Secretary Paul Chan commended Yue’s leadership, highlighting HKMA’s role in advancing Hong Kong as an international financial centre, promoting fintech, and enhancing financial cooperation with mainland China. Chan expressed confidence in Yue’s continued effective leadership and contribution to Hong Kong’s progress.