{{short description|Hong Kong banker, treasury official, and civil servant}} {{about|the Hong Kong banker|the tech journalist|Norman Chan (journalist)}} {{family name hatnote|[[Chen (surname)|Chan]]|Norman Chan|Chan Tak-lam|lang=Hong Kong}} {{BLP sources|date=October 2009}} {{Use British English|date=February 2012}} {{Use dmy dates|date=October 2020}} {{Infobox officeholder |name = Norman Chan |honorific_suffix = [[Gold Bauhinia Star|GBS]], [[Justice of the Peace|JP]] |image = Norman Chan.jpg |caption = |order = 2nd |office = Chief Executive of the Hong Kong Monetary Authority |term_start = 1 October 2009 |term_end = 30 September 2019 |alongside = <!--For two or more people serving in the same position from the same district. (e.g. United States Senators.)--> |deputy = |lieutenant = |monarch = |president = |taoiseach = |chancellor = |governor = |1blankname = Chief Executive |1namedata = [[Donald Tsang|Sir Donald Tsang]]<br>[[Leung Chun-ying]]<br>[[Carrie Lam]] |predecessor = [[Joseph Yam]] |successor = [[Eddie Yue]] |constituency = |majority = |order2 = 3rd |office2 = Director of the Chief Executive's Office |term_start2 = 1 July 2007 |term_end2 = 31 July 2009 |predecessor2 = [[Donald Tsang]] |successor2 = [[Raymond Tam]] |birth_date = 1954 |birth_place = Hong Kong |death_date = |death_place = |birth_name = Norman Chan Tak-Lam |party = none |other_party = <!--For additional political affiliations--> |partner = <!--For those with a domestic partner and not married--> |relations = |children = 2 |alma_mater = [[Queen's College, Hong Kong|Queen's College]]<br>[[Chung Chi College|Chung Chi College, CUHK]] {{small|([[Bachelor of Social Science|BSS]])}} |occupation = Treasury official, Civil servant |profession = [[Sociologist]], bank director, civil servant |cabinet = |committees = |portfolio = |signature = Norman Chan English signature.svg |website = |footnotes = }} {{Infobox Chinese |t=陳德霖 |s=陈德霖 |p=Chén Délín |y=Chàhn Dāk làhm |j=Can<sup>4</sup> Dak<sup>1</sup> lam<sup>4</sup> }} '''Norman Chan Tak-lam''', [[Gold Bauhinia Star|GBS]], [[Justice of the Peace|JP]] (born 1954), is a [[Hong Kong]] [[banker]], treasury official, and [[Hong Kong Civil Service|civil servant]]. Chan was [[Hong Kong Monetary Authority#Chief executive|Chief Executive of the Hong Kong Monetary Authority]] from 2009 to 2019.<ref name="hkma_ce_comm">{{cite web|url=http://www.info.gov.hk/hkma/eng/hkma/ce_comm/chief.htm#norman|title=HKMA: The Chief Executive's Committee|date=30 September 2009|accessdate=1 October 2009}}</ref><ref name="hkma_org_chart">{{cite web|url=http://www.info.gov.hk/hkma/eng/hkma/org_chart/org_chart.pdf|title=The HKMA Organisation Chart|date=30 September 2009|accessdate=1 October 2009}}</ref> He previously served as Director of the [[Chief Executive of Hong Kong|Office of the Chief Executive of the HKSAR]] and Regional Vice-Chairman of [[Standard Chartered|Standard Chartered Bank]].<ref name="Chanprofile">{{cite journal |date= January 2021|title=Mr Norman Chan Tak-lam, GBS, JP 陳德霖先生, JP |url=https://commons.ln.edu.hk/honorary_doctorates/2021/honorary_doctorate/1/ |accessdate=2024-07-18 |website=commons.ln.edu.hk}}{{cbignore|bot=medic}}</ref>
==Career== Norman Chan graduated from [[Queen's College, Hong Kong]], and then earned a degree in [[sociology]] at the [[Chinese University of Hong Kong]]. In 1976 Chan entered the [[Hong Kong Civil Service]] as an Administrative Officer. By 1991 he was appointed a Deputy Director of [[Monetary policy|Monetary Management]] at the [[Exchange Fund of Hong Kong]]. At the creation of the [[Hong Kong Monetary Authority]] (HKMA) in 1993, Chan was named an Executive Director, and later took the role of vice president. In December 2005, he became the Vice-Chairman of the Asian region of [[Standard Chartered Bank]].<ref name=Chanprofile/> In July 2007, he was appointed as Director of the [[Hong Kong Chief Executive|Office of the Hong Kong Chief Executive]].
In July 2009, [[Financial Secretary (Hong Kong)|Financial Secretary]] [[John Tsang]] named Chan to the role of HKMA Chief Executive, from 1 October that year, on the retirement of [[Joseph Yam]]. Chan was compensated with an annual base salary of HK$6 million.<ref>{{cite web|url=https://www.scmp.com/business/banking-finance/article/1224196/monetary-authority-chiefs-salary-tops-hk94m|title=Monetary authority chief's salary tops HK$9.4m|publisher=scmp|date=2013-04-27|accessdate=2019-05-04}}</ref> With his reappointment in 2014,<ref>{{Cite web|url=https://www.scmp.com/business/banking-finance/article/1453525/norman-chan-reappointed-hong-kong-monetary-authority-chief|title = Norman Chan reappointed as Hong Kong Monetary Authority chief|date = 21 March 2014}}</ref> Chan served as Chief Executive for exactly ten years, stepping down from the role in a pre-announced move on 1 October 2019.<ref>{{cite web |url=http://www.thestandard.com.hk/breaking-news.php?id=122380&sid=2 |title=Norman Chan to retire after 10-year run as CEO|publisher=HK Standards|date=2019-02-21|accessdate=2019-03-07}}</ref>
Within weeks, he was reportedly in consideration for the role of [[Chief Executive of Hong Kong]], as news leaked of [[Carrie Lam]]'s imminent removal from the post.<ref>[https://www.ft.com/content/5ef0fc30-f4a3-11e9-b018-3ef8794b17c6 Beijing draws up plan to replace Carrie Lam as Hong Kong chief], Financial Times, 23 October 2019</ref><ref>[https://www.reuters.com/article/us-hongkong-protests-ceo/china-plans-to-replace-hong-kong-leader-lam-with-interim-chief-executive-financial-times-idUSKBN1X12JG China plans to replace Hong Kong leader Lam with 'interim' chief executive: FT], Reuters, 23 October 2019</ref>
==Political comment== In 2014, he and his HKMA predecessor [[Joseph Yam]] said that Occupy (the [[2014 Hong Kong protests]], aka the Umbrella Movement) could threaten city's economic growth.<ref>[https://www.scmp.com/news/hong-kong/article/1627833/occupy-threatens-citys-growth-warn-norman-chan-and-joseph-yam Occupy threatens city's growth, warn Norman Chan and Joseph Yam], SCMP, 30 October 2014</ref>
== Office == In June 2020, Chan and his wife, through their company Citirich (Hong Kong) Limited bought a 1,040 square foot office on the 10th floor of the Kam Chung Commercial Building on [[Hennessy Road]] in [[Wan Chai]].<ref name=":0">{{Cite web|title=Exclusive: Norman Chan buys Wan Chai office amid talk of Chief Executive bid|url=https://hk.appledaily.com/news/20201007/AQ567HG4PNDMDMQRULNJYW52RY/|access-date=2020-10-07|website=Apple Daily 蘋果日報|language=zh-hk}}{{Dead link|date=January 2022 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> The office was purchased for HK$10.8 million without a mortgage.<ref name=":0" />
==References== {{reflist}}
==External links== *[https://web.archive.org/web/20160320031814/http://www.hkma.gov.hk/eng/about-the-hkma/hkma/chief-executives-committee.shtml#norman HKMA profile] {{s-start}} {{s-off}} {{s-bef|before=[[John Tsang]]}} {{s-ttl|title=Director of the [[Office of the Chief Executive|Chief Executive's Office]]|years=2007–2009}} {{s-aft|after=[[Raymond Tam]]}} {{s-gov}} {{s-bef|before=[[Joseph Yam]]}} {{s-ttl|title=Chief Executive of the [[Hong Kong Monetary Authority]]|years=2009 – 2019}} {{s-aft|after=[[Eddie Yue]]}} {{end}}
{{DEFAULTSORT:Chan, Norman}} [[Category:Living people]] [[Category:1954 births]] [[Category:Government officials of Hong Kong]] [[Category:Alumni of the Chinese University of Hong Kong]] [[Category:Central bankers]] [[Category:Hong Kong chief executives]] [[Category:Hong Kong businesspeople in finance]] [[Category:Alumni of Queen's College, Hong Kong]]