Hong Kong’s de facto central bank said Edmond Lau, one of its deputy chief executives, will retire early from his post on November 1.

In a statement on August 19, the Hong Kong Monetary Authority said it would replace Lau through an open recruitment process. Lau served as one of the HKMA’s three deputy chief executives, alongside Arthur Yuen and Howard Lee.

“I would like to thank Edmond for his dedicated service and contributions to the HKMA’s work over the years, particularly in financial