
MPFA
Corporate Governance and Corporate Social Responsibility
Organization chart
MPFA is governed by its Management Board, which is assisted by supporting committees and advised by two statutory advisory committees.
The Managing Director, assisted by other Executive Directors, is responsible for executing directions from the Management Board, overseeing MPFA’s day-to-day operations, and leading various divisions/departments to monitor, manage and implement the work of MPFA.
Management Board
Chairman

Mrs Ayesha Macpherson Lau
BBS, JP

Mr Chan Kam-lam
GBS, JP

Dr Bankee Kwan Pak-hoo
JP

Prof Simon Wong Kit-lung
BBS, JP

Hon Lam Chun-sing

Hon Jimmy Ng Wing-ka
BBS, JP

Hon Bill Tang Ka-piu
BBS, JP

Miss Queenie Fiona Lau

Mr Christopher Hui Ching-yu
JP (ex officio)

Dr Law Chi-kwong
GBS, JP (ex officio)

Mr Cheng Yan-chee
Acting Managing Director / Chief Corporate Affairs Officer and Executive Director

Mr Leo Chu King-chi
Chief Operating Officer and Executive Director

Ms Cynthia Hui Wai-yee
Executive Director (Members)

Ms Gabriella Yee Gar-bo
Executive Director (Policy)
Supporting committees
The Administration Committee advises the Management Board on the development of human resource policies and procedures, as well as policies relating to general administration.
Membership
Chairman
Mr Chan Kam-lam, GBS, JP
Members
Hon Lam Chun-sing
Mr Emil Yu Chen-on, BBS, JP
Mr Cheng Yan-chee
The Audit and Risk Committee advises the Management Board on the appointment of external auditors, oversees the implementation of the auditor's recommendations and reviews annual financial statements before submission to the Management Board.
It reviews management's reports on internal control systems and internal audit programmes, and considers major findings of internal investigations and management's responses.
It also oversees, assesses and reviews the effectiveness of MPFA's risk management framework, strategy and system, reviews the effectiveness of MPFA on managing and monitoring key risks, and reviews and advises on other risk oversight matters of MPFA and any relevant risk issues of its subsidiary.
Membership
Chairman
Dr Bankee Kwan Pak-hoo, JP
Members
Hon Lam Chun-sing
Hon Jimmy Ng Wing-ka, BBS, JP
Mr Philip Tsai Wing-chung, BBS, JP
The Finance Committee examines and reviews the annual budget of MPFA, and oversees the financial position and investment of the funds of MPFA and the Compensation Fund. It also advises the Management Board on the development of financial strategies and policies.
Membership
Chairman
Prof Simon Wong Kit-lung, BBS, JP
Members
Mr Chan Kam-lam, GBS, JP
Ms Chow Yuen-yee
Mr Cheng Yan-chee
The Guidelines Committee scrutinizes draft guidelines and revisions to issued guidelines related to strategic/major policies of the MPFA and/or the MPF System.
Membership
Chairman
Hon Jimmy Ng Wing-ka, BBS, JP
Members
Miss Queenie Fiona Lau
Ms Gabriella Yee Gar-bo
Representative of the Hong Kong Federation of Insurers
Representative of the Hong Kong Investment Funds Association
Representative of the Hong Kong Retirement Schemes Association
Representative of the Hong Kong Institute of Certified Public Accountants
Representative of the Hong Kong Trustees' Association Limited
Representative of the Law Society of Hong Kong
The Remuneration Committee considers the remuneration matters of the Executive Directors of MPFA. It reviews the structure and level of remuneration for directorate staff and makes recommendations to the Chief Executive of the HKSAR.
Membership
Chairman
Mrs Ayesha Macpherson Lau, BBS, JP
Members
Mr Chan Kam-lam, GBS, JP
Dr Bankee Kwan Pak-hoo, JP
Prof Simon Wong Kit-lung, BBS, JP
The Tender Board considers the assessment of tender submissions conducted by assessment panels formed by MPFA staff. It makes recommendations on the awarding of contracts, reports to and advises the Managing Director on matters regarding tender submissions.
Membership
Chairman
Dr Bankee Kwan Pak-hoo, JP
Members
Hon Jimmy Ng Wing-ka, BBS JP
Mr Cheng Yan-chee
An Executive Director / a Head responsible for the subject under consideration
The Working Group on MPF Reform Issues considers issues relating to reforms to the MPF System to make it more efficient and user-friendly, and better meet the retirement needs of the working population in Hong Kong.
Membership
Chairman
Mrs Ayesha Macpherson Lau, BBS, JP
Members
Mr Chan Kam-lam, GBS, JP
Dr Bankee Kwan Pak-hoo, JP
Prof Simon Wong Kit-lung, BBS, JP
Hon Lam Chun-sing
Hon Jimmy Ng Wing-ka, BBS, JP
Hon Bill Tang Ka-piu, BBS, JP
Miss Queenie Fiona Lau
Statutory advisory committees
The MPF Schemes Advisory Committee is a statutory committee established under the MPFSO to make recommendations to MPFA regarding the operation of MPFSO and the effectiveness and efficiency of MPFA.
Membership
Chairman
Hon Ip Kwok-him, GBM, GBS, JP
(Since 1 November 2018)
Member, Executive Council
Members
Mr Karson Choi Ka-tsan, BBS
(Since 30 March 2017)
Vice Chairman, Early Light International (Holdings) Limited
Ms Chow Yuen-yee
(Since 30 March 2017)
Founder and Chairperson, CP Solutions Limited
Dr Pan Pey-chyou, BBS
(Since 30 March 2017)
Former Vice President, The Hong Kong Federation of Trade Unions
Mr Philip Tsai Wing-chung, BBS, JP
(Since 30 March 2017)
Former Chairman, Deloitte China
Ms Winnie Wong Chi-shun, JP
(Since 30 March 2017)
Chief Executive Officer, Asia Insurance Company Limited
Mr Lee Wing-man, MH
(Since 30 March 2019)
District Councillor (Sham Shui Po District) (2012-19)
Mr Emil Yu Chen-on, BBS, JP
(Since 30 March 2019)
Member, Labour Advisory Board
Ms Loretta Fong Wan-huen
(Since 30 March 2021)
Partner, PricewaterhouseCoopers Hong Kong
Dr Billy Mak Sui-choi
(Since 30 March 2021)
Associate Professor, Department of Finance and Decision Sciences, Hong Kong Baptist University
Ms Helen Zee
(Since 30 March 2021)
Member, Hong Kong Deposit Protection Board (HKDPB);
Chairman, Investment Committee of HKDPB
Mr Cheng Yan-chee
(Since 10 June 2021)
Acting Managing Director, MPFA
The MPF Industry Schemes Committee oversees the effectiveness of industry schemes and advises on ways to improve the administration and operation of the schemes.
Membership
Chairman
Dr Roy Chung Chi-ping, GBS, JP
(Since 25 August 2016)
Co-founder and Non-Executive Director, Techtronic Industries Company Limited
Members
Mr Lee Yuen-hong
(Since 25 August 2016)
President, Hong Kong Federation of Restaurants and Related Trades Limited
Mr Kenneth Cheung Tat-fai
(Since 25 August 2018)
Secretary, Hong Kong Construction Sub-Contractors Association
Mr Rayman Chui Man-wai
(Since 25 August 2018)
Chairman, Institute of Dining Professionals
Mr Yu Chak-ming
(Since 25 August 2018)
Vice-chairman, Federation of Hong Kong Food & Beverage Industries Trade Unions
Mr Eddie Lam Kin-wing
(Since 17 December 2018)
President, Hong Kong Construction Association
Mr Lam Tsin-kwok
(Since 25 August 2020)
Chairman, Eating Establishment Employees General Union
Mr Wong Ka-lung
(Since 25 August 2020)
Youth Officer, Hong Kong Construction Industry Employees General Union
Mr Huang Yongquan
(Since 2 July 2021)
Vice Secretary General, Hong Kong and Kowloon Electrical Engineering and Appliances Trade Workers Union
Mr Adrian Li Man-kiu, JP
(Since 25 August 2006)
Co-Chief Executive, The Bank of East Asia, Limited
Mr Bob Lee
(Since 25 August 2020)
Deputy Chief Executive Officer, BCT Group
Mr Cheng Yan-chee
(Since 3 April 2013)
Chief Corporate Affairs Officer and Executive Director, MPFA