Appointments to Quality Education Fund Investment Committee
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The Education Bureau today (March 10) announced the appointment of members to the Quality Education Fund Investment Committee (QEFIC).
Mr Kwong Che-keung, Gordon, has been reappointed to QEFIC for another one year with effect from March 11, 2009. Mr Kwong is an independent non-executive director of a number of listed companies and has served the Committee since March 2004.
Mr Tsang Chung, Jacob, has been newly appointed to QEFIC for a term of two years with effect from March 11, 2009. Mr Tsang is the Director of Group Treasury, Hong Kong Jockey Club.
The QEF was established in early 1998 with a capital of $5 billion to fund community initiatives which promote quality education in Hong Kong. QEFIC was set up to formulate policies for and to monitor the investment of the Fund.
Since its establishment, the Fund has supported 7 434 projects with a total grant amounting to $3.62 billion.
End/Tuesday, March 10, 2009