Doctorate in Economics, University of Cambridge. 1993-98, with the World Bank; wide-ranging experience working with member countries in policy consultation, loan negotiation, and technical assistance. 1998-2004, with the International Monetary Fund. Since 2004, with Hong Kong Monetary Authority; currently Executive Director, responsible for managing the Research Department and for directing research and policy advice on issues relating to the maintenance of macroeconomic and financial stability and the development of financial markets. Director, Hong Kong Institute for Monetary Research (HKIMR), responsible for leading the Institute's research activities. Research interests include global monetary and financial stability, interaction between monetary policy and financial regulation, monetary and financial cooperation in the Asia-Pacific region, the framework and conduct of monetary policy in China, and the Chinese approach to capital account liberalization and renminbi internationaliza