HKUST's response to Prof K C Chan's appointments

In response to media enquiries on the appointment of Prof KC Chan as Secretary for Financial Services and the Treasury, HKUST President Prof Paul Chu made the following statement:

"In his move from the campus to the cabinet, Prof KC Chan's scholarly insight, considerable talents and expertise will be given full play in a bigger arena, for a larger cause and in the wider interest of the community. Hong Kong's gain far outweighs HKUST's loss. On behalf of all students and colleagues at HKUST, I wish to convey to Prof Chan our very best wishes in his new mission."

The HKUST today also announced the appointment of Prof Leonard Kwok Hon Cheng as Acting Dean of the School of Business and Management, pending a world-wide search to fill the vacancy left by Prof Chan. Prof Paul Chu is gratified that at this very challenging time, Prof Cheng has readily agreed to step up to the challenge.

President Chu expresses his full confidence in Prof Cheng whom he praises as "a renowned scholar and highly regarded economist."

"Prof Cheng is one of the founding members of the University. Since he joined in 1992, he has served the University in many key posts as associate dean, director of MBA program, director of PhD program and department head. I am confident that he will provide strong leadership to take the business school to a new height," Prof Chu said.

For media enquiries, please feel free to contact :

Luk Kam Wing

Tel: 2358-6306

Email: kluk@ust.hk