MPFA

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 Karson Choi Ka-tsan, BBS, JP

Members

Hon Lam Chun-sing
Ms Fanny Wong Lai-kwan
Mr Emil Yu Chen-on, BBS, JP
Mr Cheng Yan-chee

Mr Wallace Lau Ka-ki

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

Mrs Ayesha Macpherson Lau, BBS, JP

Members

Hon Lam Chun-sing

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

Dr Levin Wang Lei, JP

Members

Mr Dominic Pang Yat-ting
Ms Chow Yuen-yee
Mr Cheng Yan-chee

Mr Wallace Lau Ka-ki

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

Miss Queenie Fiona Lau, SC

Members

Mr Eric Cheng Siu-fun
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 Karson Choi Ka-tsan, BBS, JP

Dr Levin Wang Lei, 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 / Management Board on matters regarding tender submissions.

Membership

Chairman 

Hon Bill Tang Ka-piu, BBS, JP

Members

Dr Levin Wang Lei, JP
Mr Wallace Lau Ka-ki
An Executive Director / a Head of Division responsible for the subject procurement 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

Hon Lam Chun-sing
Hon Bill Tang Ka-piu, BBS, JP

Miss Queenie Fiona Lau, SC

Mr Karson Choi Ka-tsan, BBS, JP

Mr Dominic Pang Yat-ting

Dr Levin Wang Lei, JP

Ms Fanny Wong Lai-kwan

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
Dr Bankee Kwan Pak-hoo, BBS, JP
(Since 1 November 2024)
Chairman and Chief Executive Officer, Celestial Asia Securities Holdings Limited

Deputy Chairman
Dr Billy Mak Sui-choi
(Since  1 November 2024)
Associate Professor, Department of Accountancy, Economics and Finance, Hong Kong Baptist University

Members

Mr Lee Wing-man, MH

(Since 30 March 2019)
District Councillor (Sham Shui Po District)

Mr Emil Yu Chen-on, BBS, JP

(Since 30 March 2019)
Member, Labour Advisory Board

Ms Helen Zee

(Since 30 March 2021)

Former Investment Banker

Mr Dennis Ho Chiu-ping
(Since 30 March 2023)
Partner, PricewaterhouseCoopers

Ms Doris Lian Shaodong, MH
(Since 30 March 2023)
Chief Executive Officer, Bosera Asset Management (International) Co., Limited

Ms Janet Li Tze-yan
(Since 30 March 2023)
Chief Executive Officer, BEA Union Investment Management Limited

Mr Anthony Yau Yiu-shing, MH
(Since 30 March 2023)
District Councillor (Wong Tai Sin District);
Vice Chairman, The Hong Kong Federation of Trade Unions

Mr Cheng Yan-chee
(Since 10 June 2021)
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
Hon Lam Chun-sing
(Since 25 August 2022)
Member, Legislative Council
Chairman, The Federation of Hong Kong and Kowloon Labour Unions

Members

Mr Lam Tsin-kwok

(Since 25 August 2020)
Chairman, Eating Establishment Employees General Union

Mr Huang Yongquan 
(Since 2 July 2021)
Vice Secretary General, Hong Kong and Kowloon Electrical Engineering and Appliances Trade Workers Union

Ms Cherrie Chong Wing-lum
(Since 25 August 2022)
Director, Hong Kong Federation of Restaurants & Related Trades Limited

Mr Franki Chan Shut-ho

(Since 25 August 2024)

Treasurer/Vice-President, Hong Kong Construction Sub-Contractors Association

Mr Samme Cheng Pak-man

(Since 25 August 2024)

First Vice-Chairman, Institute of Dining Professionals

Mr Jacky Ho Yan-ching

(Since 25 August 2024)

Chairman, Chinese & Western Food Workers Union

Mr Daniel Shum Hau-tak

(Since 25 August 2024)

Deputy Honorary Treasurer, Hong Kong Construction Association

Mr Howard Tong Ho-wai

(Since 25 August 2024)

General Affairs Secretary, Hong Kong Construction Industry Employees General Union

Mr Adrian Li Man-kiu, BBS, JP
(Since 25 August 2006)
Co-Chief Executive, The Bank of East Asia, Limited

Mr Bob Lee Tak-luen
(Since 25 August 2020)
Deputy Chief Executive Officer, BCT Group

Mr Cheng Yan-chee
(Since 3 April 2013)
Managing Director, MPFA