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Financial Secretary (Hong Kong)
Financial and economic minister of Hong Kong
Financial and economic minister of Hong Kong
| Field | Value |
|---|---|
| post | Financial Secretary |
| insignia | Regional Emblem of Hong Kong.svg |
| insigniasize | 100px |
| insigniacaption | Emblem of Hong Kong |
| image | File:財政司司長陳茂波17.jpg |
| incumbent | The Hon Paul Chan |
| incumbentsince | 16 January 2016 |
| style | The Honourable |
| member_of | Executive Council |
| reports_to | Legislative Council |
| residence | 45 Shouson Hill Road |
| appointer | State Council of the People's Republic of China |
| termlength | No longer than the Chief Executive's remaining term |
| formation | 1 July 1997 |
| website | |
| salary | HK$4.3 million p.a. |
| native_name | 財政司司長 |
| inaugural | Sir Donald Tsang |
| nominator | Chief Executive |
The Financial Secretary is the title held by the Hong Kong government minister who is responsible for all economic and financial matters (“Department of Finance” per Article 60 of the Basic Law). The position is among the three most senior Principal Officials of the Government, second only to the Chief Secretary in the order of precedence (but not subordinate to the CS). Together with other secretaries, the Financial Secretary is accountable to the Legislative Council and the Chief Executive (the Governor before the 1997 handover) for his actions in supervising the formulation and implementation of financial and economic policies.
The position evolved out of the office of the Colonial Treasurer before 1940. The Financial Secretary is a member of the Executive 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, and Secretary for Justice) not to have been occupied by a woman.
The incumbent Financial Secretary is Paul Chan Mo-po.
Role
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. The financial secretary's office also exercises control over the Hong Kong Monetary Authority, which is Hong Kong's de facto central bank. The Office of the Government Economist and Budget and Tax Policy Unit are also attached to the Financial Secretary's Office.
The office is incorporated as a corporation sole, known as The Financial Secretary Incorporated.
List of secretaries
Secretaries and treasurers to the Superintendent, 1842–1844
- Edward Elmslie, 1842–1843
- Charles Edward Stewart, 1843–1844
Colonial treasurers, 1844–1937
| No. | Portrait | Name | Term of office | Governor | Ref | |
|---|---|---|---|---|---|---|
| 1 | [[File:No image.svg | 80px]] | Montgomery Martin | 31 May 1844 | 8 July 1845 | Sir John Francis Davis |
| (1843–1844) | ||||||
| 2 | [[File:William Thomas MERCER.jpg | 80px]] | William Thomas Mercer | |||
| 孖沙 | 1 January 1848 | 31 March 1854 | ||||
| Sir George Bonham | ||||||
| (1844–1854) | ||||||
| 3 | [[File:No image.svg | 80px]] | Robert Rienaecker | 1854 | 1856 | Sir John Bowring |
| (1844–1859) | ||||||
| 4 | [[File:No image.svg | 80px]] | Frederick Forth | 15 May 1857 | 23 February 1871 | |
| Sir Hercules Robinson | ||||||
| (1859–1865) | ||||||
| Sir Richard MacDonnell | ||||||
| (1865–1872) | ||||||
| 5 | [[File:Cecil Clementi Smith.jpg | 80px]] | Sir Cecil Clementi Smith | 13 November 1874 | 29 April 1878 | |
| Sir Arthur Kennedy | ||||||
| (1872–1877) | ||||||
| 6 | [[File:James Russell in 1871.png | 80px]] | Sir James Russell | |||
| 羅素 | 26 February 1880 | 24 March 1883 | ||||
| Sir John Pope Hennessy | ||||||
| (1877–1882) | ||||||
| 7 | [[File:No image.svg | 80px]] | Alfred Lister | |||
| 理斯特 | 26 May 1883 | 16 June 1890 | Sir George Bowen | |||
| (1883–1885) | ||||||
| Sir William Des Voeux | ||||||
| (1887–1891) | ||||||
| 8 | [[File:No image.svg | 80px]] | N. G. Mitchell-Innes | |||
| 密徹爾-因斯 | 15 October 1891 | 26 February 1895 | Sir William Robinson | |||
| (1891–1898) | ||||||
| 9 | [[File:No image.svg | 80px]] | Thomas Sercombe Smith | |||
| 史密夫 | 3 May 1897 | 28 February 1898 | ||||
| 10 | [[File:Alexander MacDonald Thomson.jpg | 80px]] | A. MacDonald Thomson | |||
| 譚臣 | 8 February 1899 | 10 December 1918 | Sir Henry Arthur Blake | |||
| (1898–1903) | ||||||
| Sir Matthew Nathan | ||||||
| (1903–1907) | ||||||
| Sir Frederick Lugard | ||||||
| (1907–1912) | ||||||
| Sir Francis Henry May | ||||||
| (1912–1918) | ||||||
| 11 | [[File:Charles_Messer.jpg | 80px]] | Charles Messer | |||
| 馬斯德 | 31 December 1918 | 2 April 1931 | Sir Reginald Stubbs | |||
| (1919–1925) | ||||||
| Sir Cecil Clementi | ||||||
| (1925–1930) | ||||||
| Sir William Peel | ||||||
| (1930–1935) | ||||||
| 12 | [[File:No image.svg | 80px]] | Edwin Taylor | |||
| 戴萊 | 2 July 1931 | 10 March 1937 | ||||
| Sir Andrew Caldecott | ||||||
| (1935–1937) |
Financial secretaries, 1937–1941
| No. | Portrait | Name | Term of office | Duration | Governor | Ref |
|---|---|---|---|---|---|---|
| 1 | [[File:Sir Sydney Caine, 1964 (cropped).jpg | 80px]] | Sir Sydney Caine | |||
| 金錫儀 | 9 March 1938 | 16 November 1939 | Sir Geoffry Northcote | |||
| (1937–1941) | ||||||
| 2 | [[File:Henry Robert Butters (cropped).jpg | 80px]] | Henry Butters | |||
| 畢打士 | 20 June 1940 | 25 December 1941 | ||||
| Mark Aitchison Young | ||||||
| (1941) |
Financial secretaries, 1946–1997
| № | Portrait | Name | Term of office | Duration | Governor | Ref |
|---|---|---|---|---|---|---|
| 3 | [[File:no image.svg | 80px]] | Sir Geoffrey Follows | |||
| 霍勞士 | 1 May 1946 | 2 May 1951 | Sir Mark Aitchison Young | |||
| (1946–1947) | ||||||
| Sir Alexander Grantham | ||||||
| (1947–1957) | ||||||
| 4 | [[File:Arthur Grenfell Clarke.png | 80px]] | Arthur Grenfell Clarke | |||
| 岐樂嘉 | 20 February 1952 | 9 April 1961 | ||||
| Sir Robert Brown Black | ||||||
| (1958–1964) | ||||||
| 5 | Sir John Cowperthwaite | |||||
| 郭伯偉 | 17 April 1961 | 30 June 1971 | ||||
| Sir David Trench | ||||||
| (1964–1971) | ||||||
| 6 | Sir Philip Haddon-Cave | |||||
| 夏鼎基 | 1 July 1971 | 31 May 1981 | ||||
| Sir Murray MacLehose | ||||||
| (1971–1982) | ||||||
| 7 | [[File:no image.svg | 80px]] | Sir John Henry Bremridge | |||
| 彭勵治 | 1 June 1981 | 31 May 1986 | ||||
| Sir Edward Youde | ||||||
| (1982–1986) | ||||||
| 8 | [[File:no image.svg | 80px]] | Sir Piers Jacobs | |||
| 翟克誠 | 1 June 1986 | 11 August 1991 | ||||
| Sir David Wilson | ||||||
| (1987–1992) | ||||||
| 9 | [[File:no image.svg | 80px]] | Sir Hamish Macleod | |||
| 麥高樂 | 12 August 1991 | 31 August 1995 | ||||
| Chris Patten | ||||||
| (1992–1997) | ||||||
| 10 | [[File:Donald Tsang WEF.jpg | 80px]] | Sir Donald Tsang | |||
| 曾蔭權 | 1 September 1995 | 30 June 1997 |
Financial secretaries, 1997–present
Political party:
| No. | Portrait | Name | Term of office | Duration | Chief Executive | Term | Ref |
|---|---|---|---|---|---|---|---|
| Nonpartisan}}" align=center | 1 | [[File:Donald Tsang WEF.jpg | 80px]] | Donald Tsang Yam-kuen | |||
| 曾蔭權 | 1 July 1997 | 30 April 2001 | Tung Chee-hwa | ||||
| (1997–2005) | 1 | ||||||
| Nonpartisan}}" align=center | 2 | [[File:Antony Leung - Annual Meeting of the New Champions Dalian 2009 (cropped).jpg | 80px]] | Antony Leung Kam-chung | |||
| 梁錦松 | 1 May 2001 | 16 July 2003 | |||||
| 2 | |||||||
| Nonpartisan}}" align=center | 3 | [[File:Iqtangtang.jpg | 80px]] | Henry Tang Ying-yen | |||
| 唐英年 | 4 August 2003 | 30 June 2007 | |||||
| Donald Tsang | |||||||
| (2005–2012) | 2 | ||||||
| Nonpartisan}}" align=center | 4 | [[File:John Tsang 2016 5.jpg | 80px]] | John Tsang Chun-wah | |||
| 曾俊華 | 1 July 2007 | 16 January 2017 | 3 | ||||
| Leung Chun-ying | |||||||
| (2012–2017) | 4 | ||||||
| Nonpartisan}}" align=center | 5 | [[File:財政司司長陳茂波17.jpg | 80px]] | Paul Chan Mo-po | |||
| 陳茂波 | 16 January 2017 | Incumbent | |||||
| Carrie Lam | |||||||
| (2017–2022) | 5 | ||||||
| John Lee | |||||||
| (2022–present) | 6 |
Residence
The Financial Secretary's residence is on 45 Shouson Hill Road in Deep Water Bay. It is listed as a grade 2 building. Described as a two-story neo-Georgian style residence built in 1935 and originally owned by Sir Shouson Chow as his own residence. The first Financial Secretary who moved into the building was Sir Charles Geoffrey Shield Follows.
References
References
- "Remuneration package for Politically Appointed Officials serving in fifth-term HKSAR Government".
- "Organisation Chart of the Government of the HKSAR".
- "Financial Secretary - Role".
- "Hong Kong e-Legislation".
- Endacott, G. B.. (2005). "A biographical sketch-book of early Hong Kong". [[Hong Kong University Press]].
- [http://sunzi.lib.hku.hk/hkjo/view/44/4401180.pdf sunzi.lib.hku.hk PDF]
- (14 April 1961). "No. 596 of 1961". Hong Kong Government Gazette.
- (20 April 1961). "No. 647 of 1961". Hong Kong Government Gazette.
- (2 July 1971). "G.N. 1425 of 1971". Hong Kong Government Gazette.
- (5 June 1981). "G.N. 1599 of 1981". Hong Kong Government Gazette.
- (6 June 1986). "G.N. 1892 of 1986". Hong Kong Government Gazette.
- (16 August 1991). "G.N. 2824 of 1991". Hong Kong Government Gazette.
- (1 September 1995). "G.N. 3433 of 1995". Hong Kong Government Gazette.
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