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Financial Secretary (Hong Kong)

From Wikipedia, the free encyclopedia
Financial and economic minister of Hong Kong

Financial Secretary
財政司司長
Incumbent
The HonPaul Chan
since 16 January 2016
StyleThe Honourable
Member ofExecutive Council
Reports toLegislative Council
Residence45 Shouson Hill Road
NominatorChief Executive
AppointerState Council of the People's Republic of China
Term lengthNo longer than the Chief Executive's remaining term
Inaugural holderSirDonald Tsang
Formation1 July 1997
SalaryHK$4.3 million p.a.[1]
Websitefso.gov.hk
Politics andgovernment
ofHong Kong
  • University Grants Committee Secretariat
  • Working Family and Student Financial Assistance Agency
Related topicsflagHong Kong portal
Financial Secretary
Traditional Chinese財政司司長
Simplified Chinese财政司司长
Transcriptions
Standard Mandarin
Hanyu PinyinCáizhèng Sī Sīzhǎng
Yue: Cantonese
Yale RomanizationChòih jing sī sī jéung
JyutpingCoi4 zing3 si1 si1 zoeng2

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.

Role

[edit]

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]

List of secretaries

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Secretaries and treasurers to the Superintendent, 1842–1844

[edit]

Colonial treasurers, 1844–1937

[edit]
No.PortraitNameTerm of officeGovernorRef
1Montgomery Martin31 May 18448 July 1845SirJohn Francis Davis
(1843–1844)
2William Thomas Mercer
孖沙
1 January 1848[5]31 March 1854
SirGeorge Bonham
(1844–1854)
3Robert Rienaecker1854[5]1856SirJohn Bowring
(1844–1859)
4Frederick Forth15 May 1857[5]23 February 1871
SirHercules Robinson
(1859–1865)
SirRichard MacDonnell
(1865–1872)
5SirCecil Clementi Smith13 November 187429 April 1878
SirArthur Kennedy
(1872–1877)
6SirJames Russell
羅素
26 February 188024 March 1883
SirJohn Pope Hennessy
(1877–1882)
7Alfred Lister
理斯特
26 May 1883[6]16 June 1890SirGeorge Bowen
(1883–1885)
SirWilliam Des Voeux
(1887–1891)
8N. G. Mitchell-Innes
密徹爾-因斯
15 October 1891[6]26 February 1895SirWilliam Robinson
(1891–1898)
9Thomas Sercombe Smith
史密夫
3 May 189728 February 1898
10A. MacDonald Thomson
譚臣
8 February 189910 December 1918SirHenry Arthur Blake
(1898–1903)
SirMatthew Nathan
(1903–1907)
SirFrederick Lugard
(1907–1912)
SirFrancis Henry May
(1912–1918)
11Charles Messer
馬斯德
31 December 19182 April 1931SirReginald Stubbs
(1919–1925)
SirCecil Clementi
(1925–1930)
SirWilliam Peel
(1930–1935)
12Edwin Taylor
戴萊
2 July 193110 March 1937
SirAndrew Caldecott
(1935–1937)

Financial secretaries, 1937–1941

[edit]
No.PortraitNameTerm of officeDurationGovernorRef
1SirSydney Caine
金錫儀
9 March 193816 November 19391 year, 252 daysSirGeoffry Northcote
(1937–1941)
2Henry Butters
畢打士
20 June 194025 December 19411 year, 188 days
Mark Aitchison Young
(1941)

Financial secretaries, 1946–1997

[edit]
PortraitNameTerm of officeDurationGovernorRef
3SirGeoffrey Follows
霍勞士
1 May 19462 May 19515 years, 1 daySirMark Aitchison Young
(1946–1947)
SirAlexander Grantham
(1947–1957)
4Arthur Grenfell Clarke
岐樂嘉
20 February 19529 April 19619 years, 49 days[7]
SirRobert Brown Black
(1958–1964)
5SirJohn Cowperthwaite
郭伯偉
17 April 196130 June 197110 years, 75 days[8][9]
SirDavid Trench
(1964–1971)
6SirPhilip Haddon-Cave
夏鼎基
1 July 197131 May 19819 years, 335 days[9][10]
SirMurray MacLehose
(1971–1982)
7SirJohn Henry Bremridge
彭勵治
1 June 198131 May 19865 years, 0 days[10][11]
SirEdward Youde
(1982–1986)
8SirPiers Jacobs
翟克誠
1 June 198611 August 19915 years, 72 days[11][12]
SirDavid Wilson
(1987–1992)
9SirHamish Macleod
麥高樂
12 August 199131 August 19954 years, 20 days[12][13]
Chris Patten
(1992–1997)
10SirDonald Tsang
曾蔭權
1 September 199530 June 19971 year, 303 days[13]

Financial secretaries, 1997–present

[edit]

Political party:  Nonpartisan

No.PortraitNameTerm of officeDurationChief ExecutiveTermRef
1Donald Tsang Yam-kuen
曾蔭權
1 July 199730 April 20013 years, 304 daysTung Chee-hwa
(1997–2005)
1
2Antony Leung Kam-chung
梁錦松
1 May 200116 July 20032 years, 77 days
2
3Henry Tang Ying-yen
唐英年
4 August 200330 June 20073 years, 349 days
Donald Tsang
(2005–2012)
2
4John Tsang Chun-wah
曾俊華
1 July 200716 January 2017[n 1]9 years, 200 days3
Leung Chun-ying
(2012–2017)
4
5Paul Chan Mo-po
陳茂波
16 January 2017Incumbent8 years, 315 days
Carrie Lam
(2017–2022)
5
John Lee
(2022–present)
6
  1. ^Resigned on 12 December 2016, with effect on 16 January 2017,KC Chan served as acting Financial Secretary from 13 December 2016 to 16 January 2017.

Residence

[edit]
Residence of the Financial Secretary.

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.

See also

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References

[edit]
  1. ^"Remuneration package for Politically Appointed Officials serving in fifth-term HKSAR Government".Hong Kong Government.
  2. ^"Organisation Chart of the Government of the HKSAR".www.gov.hk. Retrieved25 July 2025.
  3. ^"Financial Secretary - Role".www.fso.gov.hk. Retrieved25 July 2025.
  4. ^"Hong Kong e-Legislation".www.elegislation.gov.hk. Retrieved25 July 2025.
  5. ^abcEndacott, G. B. (2005) [1962].A biographical sketch-book of early Hong Kong.Hong Kong University Press.ISBN 978-9622097421.
  6. ^absunzi.lib.hku.hk PDF
  7. ^"No. 596 of 1961".Hong Kong Government Gazette.103: 885. 14 April 1961.
  8. ^"No. 647 of 1961".Hong Kong Government Gazette.103: 967. 20 April 1961.
  9. ^ab"G.N. 1425 of 1971".Hong Kong Government Gazette.113: 2064. 2 July 1971.
  10. ^ab"G.N. 1599 of 1981".Hong Kong Government Gazette.123: 1879. 5 June 1981.
  11. ^ab"G.N. 1892 of 1986".Hong Kong Government Gazette.128: 2560. 6 June 1986.
  12. ^ab"G.N. 2824 of 1991".Hong Kong Government Gazette.133: 4272. 16 August 1991.
  13. ^ab"G.N. 3433 of 1995".Hong Kong Government Gazette.137: 5318. 1 September 1995.

External links

[edit]
Secretaries of Departments
Deputy Secretaries of Departments
Directors of Bureaux
Others
Subordinate departments
Previous office holders *
 * Includes previous colonial treasurers
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