| Financial Secretary | |
|---|---|
| 財政司司長 | |
since 16 January 2016 | |
| Style | The Honourable |
| Member of | Executive Council |
| Reports to | Legislative Council |
| Residence | 45 Shouson Hill Road |
| Nominator | Chief Executive |
| Appointer | State Council of the People's Republic of China |
| Term length | No longer than the Chief Executive's remaining term |
| Inaugural holder | SirDonald Tsang |
| Formation | 1 July 1997 |
| Salary | HK$4.3 million p.a.[1] |
| Website | fso |
| Politics andgovernment ofHong Kong |
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Chief Executive Elections |
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| Traditional Chinese | 財政司司長 | ||||||||||||
| Simplified Chinese | 财政司司长 | ||||||||||||
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TheFinancial Secretary is the title held by the Hong Konggovernment minister who is responsible for all economic and financial matters (“Department of Finance” per Article 60 of theBasic Law). The position is among the three most seniorPrincipal Officials of the Government, second only to theChief Secretary in the order of precedence (but not subordinate to the CS). Together with other secretaries, the Financial Secretary is accountable to theLegislative Council and theChief Executive (theGovernor before the 1997handover) for his actions in supervising the formulation and implementation of financial and economic policies.
The position evolved out of the office of theColonial Treasurer before 1940. The Financial Secretary is a member of theExecutive Council, and gives advice to the Chief Executive in that capacity. He is also responsible for delivering the annual budget to the Legislative Council. To date, it is the only office among the three highest Principal Officials of the Government (Chief Secretary, Financial Secretary, andSecretary for Justice) not to have been occupied by a woman.
The incumbent Financial Secretary isPaul Chan Mo-po.
The financial secretary delivers the budget and oversees the Commerce and Economic Development Bureau, the Development Bureau, the Financial Services and the Treasury Bureau, the Housing Bureau, the Innovation, Technology and Industry Bureau, and the Transport and Logistics Bureau.[2] The financial secretary's office also exercises control over the Hong Kong Monetary Authority, which is Hong Kong's de facto central bank. TheOffice of the Government Economist and Budget and Tax Policy Unit are also attached to the Financial Secretary's Office.[3]
The office is incorporated as acorporation sole, known as The Financial Secretary Incorporated.[4]
| No. | Portrait | Name | Term of office | Governor | Ref | |
|---|---|---|---|---|---|---|
| 1 | Montgomery Martin | 31 May 1844 | 8 July 1845 | SirJohn Francis Davis (1843–1844) | ||
| 2 | William Thomas Mercer 孖沙 | 1 January 1848[5] | 31 March 1854 | |||
| SirGeorge Bonham (1844–1854) | ||||||
| 3 | Robert Rienaecker | 1854[5] | 1856 | SirJohn Bowring (1844–1859) | ||
| 4 | Frederick Forth | 15 May 1857[5] | 23 February 1871 | |||
| SirHercules Robinson (1859–1865) | ||||||
| SirRichard MacDonnell (1865–1872) | ||||||
| 5 | SirCecil Clementi Smith | 13 November 1874 | 29 April 1878 | |||
| SirArthur Kennedy (1872–1877) | ||||||
| 6 | SirJames Russell 羅素 | 26 February 1880 | 24 March 1883 | |||
| SirJohn Pope Hennessy (1877–1882) | ||||||
| 7 | Alfred Lister 理斯特 | 26 May 1883[6] | 16 June 1890 | SirGeorge Bowen (1883–1885) | ||
| SirWilliam Des Voeux (1887–1891) | ||||||
| 8 | N. G. Mitchell-Innes 密徹爾-因斯 | 15 October 1891[6] | 26 February 1895 | SirWilliam Robinson (1891–1898) | ||
| 9 | Thomas Sercombe Smith 史密夫 | 3 May 1897 | 28 February 1898 | |||
| 10 | A. MacDonald Thomson 譚臣 | 8 February 1899 | 10 December 1918 | SirHenry Arthur Blake (1898–1903) | ||
| SirMatthew Nathan (1903–1907) | ||||||
| SirFrederick Lugard (1907–1912) | ||||||
| SirFrancis Henry May (1912–1918) | ||||||
| 11 | Charles Messer 馬斯德 | 31 December 1918 | 2 April 1931 | SirReginald Stubbs (1919–1925) | ||
| SirCecil Clementi (1925–1930) | ||||||
| SirWilliam Peel (1930–1935) | ||||||
| 12 | Edwin Taylor 戴萊 | 2 July 1931 | 10 March 1937 | |||
| SirAndrew Caldecott (1935–1937) | ||||||
| No. | Portrait | Name | Term of office | Duration | Governor | Ref | |
|---|---|---|---|---|---|---|---|
| 1 | SirSydney Caine 金錫儀 | 9 March 1938 | 16 November 1939 | 1 year, 252 days | SirGeoffry Northcote (1937–1941) | ||
| 2 | Henry Butters 畢打士 | 20 June 1940 | 25 December 1941 | 1 year, 188 days | |||
| Mark Aitchison Young (1941) | |||||||
| № | Portrait | Name | Term of office | Duration | Governor | Ref | |
|---|---|---|---|---|---|---|---|
| 3 | SirGeoffrey Follows 霍勞士 | 1 May 1946 | 2 May 1951 | 5 years, 1 day | SirMark Aitchison Young (1946–1947) | ||
| SirAlexander Grantham (1947–1957) | |||||||
| 4 | Arthur Grenfell Clarke 岐樂嘉 | 20 February 1952 | 9 April 1961 | 9 years, 49 days | [7] | ||
| SirRobert Brown Black (1958–1964) | |||||||
| 5 | SirJohn Cowperthwaite 郭伯偉 | 17 April 1961 | 30 June 1971 | 10 years, 75 days | [8][9] | ||
| SirDavid Trench (1964–1971) | |||||||
| 6 | SirPhilip Haddon-Cave 夏鼎基 | 1 July 1971 | 31 May 1981 | 9 years, 335 days | [9][10] | ||
| SirMurray MacLehose (1971–1982) | |||||||
| 7 | SirJohn Henry Bremridge 彭勵治 | 1 June 1981 | 31 May 1986 | 5 years, 0 days | [10][11] | ||
| SirEdward Youde (1982–1986) | |||||||
| 8 | SirPiers Jacobs 翟克誠 | 1 June 1986 | 11 August 1991 | 5 years, 72 days | [11][12] | ||
| SirDavid Wilson (1987–1992) | |||||||
| 9 | SirHamish Macleod 麥高樂 | 12 August 1991 | 31 August 1995 | 4 years, 20 days | [12][13] | ||
| Chris Patten (1992–1997) | |||||||
| 10 | SirDonald Tsang 曾蔭權 | 1 September 1995 | 30 June 1997 | 1 year, 303 days | [13] | ||
Political party: Nonpartisan
| No. | Portrait | Name | Term of office | Duration | Chief Executive | Term | Ref | |
|---|---|---|---|---|---|---|---|---|
| 1 | Donald Tsang Yam-kuen 曾蔭權 | 1 July 1997 | 30 April 2001 | 3 years, 304 days | Tung Chee-hwa (1997–2005) | 1 | ||
| 2 | Antony Leung Kam-chung 梁錦松 | 1 May 2001 | 16 July 2003 | 2 years, 77 days | ||||
| 2 | ||||||||
| 3 | Henry Tang Ying-yen 唐英年 | 4 August 2003 | 30 June 2007 | 3 years, 349 days | ||||
| Donald Tsang (2005–2012) | 2 | |||||||
| 4 | John Tsang Chun-wah 曾俊華 | 1 July 2007 | 16 January 2017[n 1] | 9 years, 200 days | 3 | |||
| Leung Chun-ying (2012–2017) | 4 | |||||||
| 5 | Paul Chan Mo-po 陳茂波 | 16 January 2017 | Incumbent | 8 years, 315 days | ||||
| Carrie Lam (2017–2022) | 5 | |||||||
| John Lee (2022–present) | 6 | |||||||
The Financial Secretary's residence is on 45 Shouson Hill Road inDeep Water Bay. It is listed as a grade 2 building. Described as a two-storyneo-Georgian style residence built in 1935 and originally owned by SirShouson Chow as his own residence. The first Financial Secretary who moved into the building was SirCharles Geoffrey Shield Follows.