Hong Kong Monetary Authority
The Hong Kong Monetary Authority (HKMA) was established in April 1993 by merging the Office of the Exchange Fund with the Office of the Commissioner of Banking. The HKMA is responsible for maintaining monetary and banking stability, including maintaining currency stability within the framework of the Linked Exchange Rate system under which the Hong Kong dollar is pegged to the US dollar.
Grow through skills upgrade and networking
Rita Xiao Wenhui (left) joined the Hong Kong Monetary Authority (HKMA) upon graduation, before moving to Stirling Finance to work as a consultant. Her book on investment will be published later in the year. She talks to Wong Yat-hei
What's your academic background?
I have a first class honour's BBA degree in finance from the City University of Hong Kong.
How do you start your day?
I start my daily work with a cup of tea, then I go through the finance sections of various papers to keep myself up to date. Then, I check my e-mail box and respond to queries from clients.
What does your job entail?
Writing newsletters for clients on industry news, and responding to their queries. I also work with the Organisation for Economic Co-operation and Development, World Bank and Asian Development Bank.
What are the major challenges you've encountered so far?
It was difficult to shift from back-office compliance to a front-office consultant. Networking wasn't always my strength, but I now find it interesting.
What have you learned about your career? What are your plans?
I am co-writing a book on investment funds in China with my boss, Stuart Leckie, who is an expert. We aim to publish the book by May this year. So, there is plenty of work ahead.
In the long term, I plan to develop my expertise in funds and pensions. I must improve my English, broaden my knowledge and be more active in networking to build up contacts.