Andrew Sheng

Fung Global Institute

Andrew Sheng is well known in global financial circles as a former central banker and financial regulator in Asia and a commentator on global finance.  As the Institute’s President, Andrew is responsible for its operations and, with the support and advice of the Academic Council, for driving its research agenda and thought leadership. 

He is also the Chief Adviser to the China Banking Regulatory Commission and a Board Member of Khazanah Nasional Berhad, Malaysia. In addition, he serves as a  member of the International Advisory Council of the China Investment Corporation, the China Development Bank, the Advisory Council on Shanghai as an International Financial Centre and the International Council of the Freie University, Berlin. He is also an Adjunct Professor at the Graduate School of Economics and Management, Tsinghua University, Beijing and the University of Malaya, Kuala Lumpur. 

In 2009, he became the Pro-Chancellor of Universiti Tun Abdul Razak. Andrew served as Chairman of the Securities and Futures Commission of Hong Kong from 1998 to 2005, having previously been a central banker with the Hong Kong Monetary Authority and Bank Negara Malaysia. He also worked with the World Bank from 1989 to 1993. From 2003 to 2005, he chaired the Technical Committee of the International Organisation of Securities Commissions (IOSCO).

He has published widely on monetary, economics and financial issues. His most recent book is entitled From Asian to global financial crisis: an Asian regulator's view of unfettered finance in the 1990s and 2000s. He is also a regular contributor to leading economic magazines and newspapers in China and the Asian region. A chartered accountant by training, he has a BSc. in Economics and an honorary doctorate from the University of Bristol. 

Areas of Expertise/Research Interests:

  • International Finance and Monetary Economics
  • Financial Regulation
  • Global Governance

In April 2013, Andrew was named by TIME magazine as one of the 100 most influential people in the world.

My Additional Content

Originally appeared at the Fung Global Institute

The failure of Lehman Brothers on...

We are coming up to the fifth anniversary of the Lehman crash in September 2008. How bad was it? Have we fixed the problems?

Last month, the Federal Reserve Bank of Dallas published a...

The shortage of liquidity in the interbank market in China has sparked off a fear of “monetary famine.” This seems rather odd when the national savings rate is 50 per...

My Video Content

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Financial business is creating credit without limit until a crisis occurs. That’s the fundamental flaw which caused the current crisis, says Andrew Sheng in this INET interview. He also worries that the destruction of the tropical forest and other threats to the biosphere have the same character of ungovernable excesses until a crisis occurs.

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Andrew Sheng, Chief Adviser, China Banking Regulatory Commission at the Closing Panel entitled "Overhangs, Uncertainty and Political Order: Where Do We Go From Here?" at the Institute for New Economic Thinking's (INET) Paradigm Lost Conference in Berlin. April 14, 2012. #inetberlin