Professor KC Chan is the chairman of WeLab Virtual Bank and Senior Advisor of WeLab, a leading fintech company in Asia, and one of the first virtual banks established in Hong Kong. WeLab provides financial services by creating seamless digital experiences to over 40 million individual customers, and also provides B2B enterprise solutions to traditional financial institutions which utilise WeLab’s technology to offer fintech-enabled services to their customers. WeLab operates WeLend and the WeLab virtual bank in Hong Kong, WeLab Digital, Taoxinji, and Tianmian Lab in Mainland China, and a fintech joint venture AWDA in Indonesia.
Professor Chan was appointed as Secretary for Financial Services and the Treasury of the Government of the Hong Kong Special Administrative Region from July 2007 to June 2017. Prior to that, he was dean of Business and Management at the Hong Kong University of Science and Technology (HKUST). He is currently adjunct professor at HKUST Business School.
Professor Chan received his bachelor's degree in economics from Wesleyan University and his MBA and PhD in finance from the University of Chicago. He specialised in asset pricing, evaluation of trading strategies, and market efficiency and has published numerous articles on these topics.
Professor Chan is a member of the Competition Commission and non-executive Director of The Hong Kong Mortgage Corporation Limited. In the past, he held a number of public service positions including Chairman of the Consumer Council, Director of the Hong Kong Futures Exchange, and a member of the Commission on Strategic Development, Commission on Poverty, the Exchange Fund Advisory Committee, the Hang Seng Index Advisory Committee, and the Hong Kong Council for Academic Accreditation.