Head of legal and compliance - Hong Kong branch | Agricultural Bank of China
Derek Chan
Head of legal and compliance - Hong Kong branch | Agricultural Bank of China
General counsel | Agricultural Bank of China
A financial legal specialist, Derek Chan completed his education at the University of Hong Kong, where he received LLB, PCLL and LLM qualifications. His career since has been extensive and contains a number of highlights at large financial institutions. After being head of legal for Wing Lung Bank, Chan moved into a senior role with banking giant Standard Chartered, before then being made deputy head of legal and compliance at Dah Sing Bank. In October 2013, Chan then moved on to his current role, as head of legal and compliance for the Hong Kong branch of Agricultural Bank of China, rated by Forbes in 2015 as the third most powerful company in the world. In over three years, Chan has made his mark at what has been a period of growth for the company. Among other initiatives, the bank’s shares on the Hong Kong Stock Exchange jumped after news of the creation of a new wholly-owned subsidiary dealing with debt-for-equity-swaps.