Mr Fung is the Head of Market Development Division, a policy unit in the Hong Kong Monetary Authority (HKMA) for developing Hong Kong’s financial industry. In this role, Mr Fung is in charge of HKMA’s policy initiatives and development efforts to enhance Hong Kong’s competitiveness as an international asset management center and a corporate treasury center. In addition, Mr Fung is the General Manager of HKMA’s Infrastructure Financing Facilitation Office, which aims to facilitate infrastructure investments and their financing in the region. Prior to his current position, Mr. Fung was the head of the Financial Stability Surveillance Division, responsible for the market monitoring and macro- prudential surveillance work in relation to strengthening the HKMA’s oversight of global financial issues.

Mr Fung joined the HKMA in 2011. Prior to joining the HKMA, Mr  Fung was a senior economist at Goldman Sachs based in Hong Kong and Singapore, responsible for macroeconomic research and strategies in the Asia-Pacific region.