Frederick Ma Si-hang | |
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馬時亨 | |
Secretary for Commerce and Economic Development | |
In office 1 July 2007 – 11 July 2008 |
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Chief Executive | Donald Tsang |
Preceded by | Stephen Ip, Joseph Wong |
Succeeded by | Rita Lau |
Secretary for Financial Services and the Treasury | |
In office 1 July 2002 – 30 June 2007 |
|
Preceded by | Stephen Ip |
Succeeded by | KC Chan |
Personal details | |
Born |
Hong Kong |
22 February 1952
Alma mater | University of Hong Kong (BA in Economics and History) |
Religion | Christianity |
Frederick Ma | |||||||
Traditional Chinese | 馬時亨 | ||||||
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Simplified Chinese | 马时亨 | ||||||
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Transcriptions | |
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Standard Mandarin | |
Hanyu Pinyin | Mǎ Shíhēng |
Frederick Ma Si-hang, GBS, JP (born 22 February 1952 in Hong Kong with family roots in Chaozhou, Guangdong), is the chairman of a China Strategic Group (: 235). As a former Secretary for Commerce and Economic Development of the Hong Kong Special Administrative Region, he was a popular figure with the public and with legislators of all parties. He is the cousin of entertainer Eric Tsang and uncle of evangelist Jaeson Ma.
Ma was born the eldest of four children, and his father died when Ma was in his teens. He attended New Method College in Tai Hang, where his academic results were "less than fantastic". However, whilst there, he won an inter-school project for Hong Kong tourism.
He graduated in 1973, dreaming of working for Cathay Pacific. As he was due to attend a second interview with the airline, Chase Manhattan made an offer with a promised starting salary of HK$1,600. He accepted the job with the bank, and was relocated to New York three years later. At 27, he became Group Head of Chase Manhattan, in charge of institutional banking. After Chase, he became Chief Financial Officer of PCCW.
Giving up an annual salary of in excess of HK$ 10 million, Ma joined the government as a 'cabinet-level' political appointee under the Principal Officials Accountability System since 1 July 2002 He served as Secretary for Financial Services and the Treasury for a term of five years. In 2007, after Donald Tsang re-elected as Chief Executive of Hong Kong, Ma continued in SAR government, served as Secretary for Commerce and Economic Development.