HKUST President To Step Down A Year Early

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2021-11-09 HKT 12:29

Share this story

facebook

  • HKUST president Wei Shyy will step down on October 19 next year. File photo: RTHK

    HKUST president Wei Shyy will step down on October 19 next year. File photo: RTHK

The Hong Kong University of Science and Technology (HKUST) on Tuesday announced that its president Wei Shyy will step down on October 19 next year, almost a year before his five-year term is due to end.

Shyy didn't explain why he was resigning.

But in a statement he said: "The sense of duty to serve HKUST’s long-term interests and overall standing has guided our thinking and action during challenging time."

The aerospace professor became head of HKUST in September 2018.

The university said it will launch a global search for a new president.

RECENT NEWS

South Korea Unveils Digital Asset Basic Act For Stablecoin Issuance

South Korea’s newly elected President Lee Jae-myung is pushing forward with plans to allow stablecoin issuance by loc... Read more

Octopus Taps Wonder As Its Omnichannel Payment Partner Across Hong Kong

Wonder, a payment and fintech platform, has announced its partnership as the purported first omnichannel payment facili... Read more

China And UAE Ink Deal To Boost Cross-Border Payment Cooperation

China’s Cross-Border Interbank Payment System (CIPS) and the Central Bank of the United Arab Emirates (CBUAE) have si... Read more

Hong Kong Approves Banking Amendment To Boost Data Sharing In 2025

The Government welcomed the Legislative Council’s June 4 passage of the Banking (Amendment) Bill 2025, aimed at impro... Read more

Citigroup Lays Off 3,500 In China As Part Of Global Overhaul

Citigroup is cutting 3,500 tech jobs in mainland China to streamline operations and cut costs. The Citigroup China layo... Read more

Hong Kong Expands Crypto Market With Derivative Trading For Investors

Hong Kong’s Securities and Futures Commission (SFC) will soon introduce virtual asset derivatives trading for profess... Read more