The Hong Kong Institute of Certified Public Accountants has elected Wilson Fung as president, and Chew Fook Aun and Tsai Wing Chung, Philip, as vice presidents for 2010 at its 37th annual general meeting on December 11.
Fung has served on the Institute’s council for eight years and was elected vice president in 2008 and 2009. Chew and Tsai joined the council in January 2004 and December 2004 respectively. \
Fung is a financial controller for Jardine Matheson Limited. Since joining the council, he has served on many committees, including chairing the practice review and professional accountants in business committees, and the advisory panel which champions Hong Kong’s most prestigious accolade for corporate governance, the Best Corporate Governance Disclosure Awards. He has also been involved in various other committees, accountability boards and advisory panels during his years with the Institute since 1994.
Chew is an executive director and group CFO of Esprit Holdings Ltd. Tsai is a partner of Deloitte Touche Tohmatsu.
Keith Pogson and Mabel M.B. Chan are automatically elected to the council for the category of full-time practising CPAs (practising). Other newly elected but returning members to the Hong Kong Institute of CPAs’ council are Susanna Chiu, Ding Wai Chuen, Raphael and Ronald Kung. Ma Chun Fung, Horace is a newly elected member.
For lay members, Edith Shih, company secretary of Hutchison Whampoa, and John C. Poon will retire from the council after serving a two-year term and new appointments by the government will be announced on 14 December 2009. Two continuing government-appointed lay members are Catherine K.C. Leung, head of Hong Kong investment banking and managing director of J.P. Morgan Securities (Asia Pacific) Limited and Ambrose Cheung Wing Sum, executive director of Lai Sun Development. They will carry on with the second year of their terms.
The council has the power to co-opt two members and these members will be announced by mid-January.
The council is the governing body of the Hong Kong Institute of CPAs and sets policy carried out by the institute.