This article is about the Hong Kong banker. For the tech journalist, see Norman Chan (journalist).
In this Hong Kong name, the surname is Chan. In accordance with Hong Kong custom, the Western-style name is Norman Chan and the Chinese-style name is Chan Tak-lam.
In July 2009, Financial SecretaryJohn 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.[5] With his reappointment in 2014,[6] Chan served as Chief Executive for exactly ten years, stepping down from the role in a pre-announced move on 1 October 2019.[7]
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.[10]
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.[11] The office was purchased for HK$10.8 million without a mortgage.[11]