About the IFEC

The Investor and Financial Education Council (IFEC) is an independent public organisation and a subsidiary of the Securities and Futures Commission (SFC), dedicated to improving financial literacy in the Hong Kong Special Administrative Region (HKSAR). The IFEC is supported by the four financial regulators and the Education Bureau.

Our organisation is tasked with the role to provide investor and financial education to the Hong Kong public. Following the HKSAR Government's public consultation in February 2010 and the subsequent amendment of the Securities and Futures Ordinance in May 2012, the Investor Education Centre, now known as the IFEC, was established in November 2012.

The Articles of Association can be downloaded here

Our Mission

Our mission is to equip the public with the knowledge, attitudes and skills to make informed financial decisions to manage money wisely.


Our Work

In April 2016, we launched The Chin Family platform to provide comprehensive, credible and impartial investor and financial education information, tools and education resources to the Hong Kong public.

Our work includes the following:

The IFEC drives the Financial Literacy Strategy, which aims to create a conducive environment for stakeholders to deliver more quality investor and financial education to the Hong Kong public.


Our Partners

We consult and work in partnership with government agencies and the financial services, education and community sectors to identify the pressing needs of society and segment groups, and design educational materials and programmes to raise financial literacy levels and strengthen financial resilience.


Governance

An independent Board of Directors oversees the work of the IFEC. It comprises the Chairman, who is a non-executive director of the SFC, and representatives from the four financial regulators – the Hong Kong Monetary Authority, the Insurance Authority, the Mandatory Provident Fund Schemes Authority and the SFC. It also includes representatives from the education and finance sectors, as well as the General Manager of the IFEC. The Board meets every three months to provide strategic oversight and advice to the IFEC and approves its policies and decisions.


Board of Directors


Chairman DAWES, Victor, SC Non-Executive Director of the SFC
Members AUYEUNG Pak Kuen, Rex Industry Representative
CHEUNG Wah Fung, Christopher, SBS, JP Industry Representative
CHEUNG Wan Ching, Clement, GBS, JP Insurance Authority
HO Fu Ho, Jonathan Mandatory Provident Fund Schemes Authority
SHEK Ka Lai, Clara Industry Representative
LEUNG Sze Ho, Louis University Grants Committee (UGC) Secretariat
LI Yuen Chow, Dora Investor and Financial Education Council
CHEN Yee, Donald Hong Kong Monetary Authority
WAN Chi Yiu, Andrew Securities and Futures Commission

Stakeholder collaboration

Financial Education Coordination Committee

Organisations that are actively engaged in financial education support the work of the Financial Literacy Strategy through this committee by aligning their organisations' financial education directions with the strategy, assisting in the delivery of core actions of the strategy where possible, and helping identify financial literacy issues.

 

Chairperson Investor and Financial Education Council AUYEUNG Pak Kuen, Rex Board member
Member organisations Bank of China (Hong Kong) Limited KUNG YEUNG Yun Chi, Ann Deputy Chief Executive
CHOW, Arnold Deputy General Manager
CFA Institute/ CFA Society Hong Kong POLLARD, Nick Managing Director, Asia Pacific, CFA Institute
LEUNG, Mary Head, Advocacy, Asia Pacific, CFA Institute
KHOO, Ashley Director, CFA Society Hong Kong
Citi NG, Angel Chief Executive Officer, Hong Kong & Macau
KONG, Avis Head of Corporate Citizenship
Consumer Council WONG Fung Han, Gilly Chief Executive
LAI Cho Yee, Joey Head, Consumer Education Division
Hong Kong Family Welfare Society YIP Yun Wan, Amarantha Chief Executive
CHAN Wai Mun, Venus Senior Manager, Financial Education Centre
Hong Kong Federation of Insurers LAU, Selina Chief Executive 
LEUNG, Maggie Deputy General Manager – Communications and Committee
Hong Kong Monetary Authority CHEN Yee, Donald Executive Director (Corporate Services)
LI Chun Kit, Patrick Senior Manager (Education & Publicity)
Hong Kong Police Force WONG Chi kwong Chief Superintendent, Commercial Crime Bureau
NGAN Hoi Ian, Bonnie Chief Inspector of Police, Anti-Deception Coordination Centre, Commercial Crime Bureau
KONG Sze-wan Chief Inspector, Senior Police Call, Police Public Relations Branch
Insurance Authority CHEUNG Wan Ching, Clement Chief Executive Officer
WONG Yuk Ping, Joanne Senior Manager, Market Conduct Division
Mandatory Provident Fund Schemes Authority CHENG Yan Chee Acting Managing Director
HO Fu Ho, Jonathan Director (External Affairs)
Securities and Futures Commission ALDER, Ashley Chief Executive Officer
LI Yuen Chow, Dora General Manager, Investor and Financial Education Council
The Hongkong and Shanghai Banking Corporation Limited LIM, Luanne Chief Executive, Hong Kong
CHIU Chi Fai, William Global Head of Future Skills, Group Corporate Sustainability
The Hong Kong Mortgage Corporation Limited LI Ling Cheung, Raymond Executive Director and Chief Executive Officer
LEUNG Sze Wan, Angela Vice President (Marketing and Business Development)
Visa Hong Kong Limited STEINEBACH, Maaike General Manager - Hong Kong and Macau
CHAN, Candy Manager, Corporate Communications
Tung Wah Group of Hospitals SU Yau On, Albert Chief Executive
CHAN Fuk Lung,  Henry Supervisor, Healthy Budgeting Family Debt Counselling Centre
Secretary Investor and Financial Education Council POON Yuen Shun, Vincent Manager, Marketing and Programmes

Sponsor representative / Coordinator representative

Advisory Groups

We have set up a number of Advisory Groups to seek the advice and expertise of community representatives in formulating our financial education initiatives and to identify opportunities for collaboration. We are setting up new Advisory Groups to continue the efforts.

Transparency and Accountability

Transparency, accountability and integrity are key principles our work. We continually assess and evaluate the impact of our financial education initiatives, including consumer acceptance of new education resources and pilot testing of education programmes. We conduct research studies to better understand our prioritised target segments so as to deliver education programmes in a more efficient and effective manner.



The Investor and Financial Education Council is awarded the Caring Organisation Logo by The Hong Kong Council of Social Service, in recognition of our commitment in Caring for the Community, Caring for the Employees and Caring for the Environment over the past years.

 

Caring Organisation 2019-2021

Last update: 27 May 2022