Antony Wu Ting-yuk, GBS, JP, (born 1954)() is a standing committee member of the

Chinese People's Political Consultative Conference The Chinese People's Political Consultative Conference (CPPCC, zh, 中国人民政治协商会议), also known as the People's PCC (, ) or simply the PCC (), is a political advisory body in the People's Republic of China and a central part of ...

(CPPCC) National Committee of the People's Republic of China. He was appointed on 11 March 2013.

Early life

Wu received his secondary school education at Wah Yan College and went on to complete a foundation course in accountancy at the then

Teesside Polytechnic , mottoeng = Deeds Not Words , established = 1930 – Constantine Technical College1969 – as Teesside Polytechnic 1992 – gained university status , type = Public , endowment = £0.23 m (2019/20) , chancellor ...

, United Kingdom, in 1975. He then joined the Institute of Chartered Accountants (England & Wales) as a student member and obtained the Associate Chartered Accountant qualification in 1979.

Accounting career

Wu was managing partner of

Ernst & Young Ernst & Young Global Limited, trade name EY, is a multinational professional services partnership headquartered in London, England. EY is one of the largest professional services networks in the world. Along with Deloitte, KPMG and Pricewaterh ...

's China business in 1996. He became deputy chairman of the firm in 1998 and chairman in 2000. He left the firm in 2005.

New China Hong Kong Group

Wu was appointed to the first board of directors of New China Hong Kong Group Limited in 1992, resigning in February 1993 to serve on its executive committee and act as financial advisor thereafter until its collapse in early 1999 with HK$1.5 billion in unpaid creditors. At the same time as being vice-chairman of Ernst & Young, the company's auditor, Wu, in addition to being a member of the company's executive committee, was an authorised signatory to 13 of its bank accounts, had significant personal dealings with its subsidiaries and lent money to it.

Public appointments and politics

From 1997 to 2001, Wu was a member of the Hospital Governing Committee of the

Pamela Youde Nethersole Eastern Hospital Pamela Youde Nethersole Eastern Hospital, known as Eastern Hospital or Youde Hospital is a acute district general hospital in Chai Wan, Hong Kong. The hospital opened on 15 October 1993 with 1829 beds and staff of over 3000. It replaced the o ...

, Hong Kong. After three years (1999-2002) as a member of the

Hospital Authority The Hospital Authority is a statutory body managing all the government hospitals and institutes in Hong Kong. It is under the governance of its board and is under the monitor of the Secretary for Food and Health of the Hong Kong Government. ...

of Hong Kong's audit committee and four years as chairman of its Finance and Tender committees (2000-2004), Wu was appointed chairman of the authority on 7 October 2004, a post he held for the following nine years. In 2004, Wu was a member of the Disciplinary Panel of the Hong Kong Society of Accountants and a member of the Municipal Services Appeals Board of Hong Kong. In 2006, he co-founded the high-profile pro-Beijing political

thinktank A think tank, or policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most think tanks are non-governmental o ...

in Hong Kong, the

Bauhinia Foundation Research Centre The Bauhinia Foundation Research Centre was a privately funded public policy think tank in Hong Kong. The organisation stated that its aim was "to promote the understanding of the 'one country, two systems' arrangements in Hong Kong and other ...

. On 10 December 2006, Wu was appointed to the small-circle Hong Kong

Election Committee The Election Committee is a Hong Kong electoral college, the function of which is to select the Chief Executive (CE) and, since 2021, to elect 40 of the 90 members of the Legislative Council. Established by Annex I of the Basic Law of Hong ...

in the CPPCC sub-sector by dint of his membership of that organ. He had been a member of the National Committee of the CPPCC since as early as 2004. In 2010, Wu was elected chairman of the

Hong Kong General Chamber of Commerce The Hong Kong General Chamber of Commerce (HKGCC; ) was founded on 29 May 1861, and is the oldest and one of the largest business organizations in Hong Kong. It has around 4,000 corporate members, who combined employ around one-third of Hong Kon ...

, having been Vice-Chairman for at least six years, and served a two-year term of office. In February 2022, Wu had no comment when SCMP asked if he would be attending the 2022

Two Sessions The Two Sessions (NPC & CPPCC National Committee annual sessions), or in Chinese ''Lianghui'' is a common Mandarin Chinese abbreviation for a pair of organizations which have close relations. In the Chinese government, the term refers to the ...

, as a Hong Kong delegate.

Business activities

In 2016, Wu was Deputy Chairman of listed Sincere Watch (Hong Kong) Ltd and independent non-executive director of three other Hong Kong listed firms:

Li Ka-shing Sir Ka-shing Li (; born 13 June 1928) is a Hong Kong billionaire business magnate, investor, and philanthropist. As of June 2019, Li is the 31st richest person in the world, with an estimated net wealth of US$33.4 billion. He is the senior ad ...

controlled

Power Assets Holdings Power Assets Holdings Limited (), formerly Hongkong Electric Holdings Limited (), is a vertically integrated electric utility company. It is the majority shareholder in the Hongkong Electric Company, having reduced its holding in the company throu ...

Limited, PRC government investment arm

Guangdong Investment Limited Guangdong Investment Limited is a Chinese company incorporated in Hong Kong. It is engaged in the businesses of property, infrastructure, energy, water supply to Hong Kong, Shenzhen and Dongguan, hotel management and department store operations. ...

and PRC government controlled China Taiping Insurance Holdings.

Honours

The Hong Kong Government awarded Wu the Gold Bauhinia Star (GBS), its highest honour, for distinguished service to the community in 2008, one of eight recipients that year.

Professional misconduct

In 2014, Wu was found guilty of professional misconduct by the Hong Kong Institute of Certified Public Accountants for acting concurrently both as financial advisor to and auditor of New China Hong Kong Group prior to its collapse in 1999. He was struck off for two years and fined HK$250,000 plus the institute's costs. The institute, exceptionally, issued a statement in July 2014 in response to unrepentant remarks by Wu, in which it stated that his breaches had been "persistent, flagrant and inexcusable".

References

{{DEFAULTSORT:Wu, Anthony 1954 births Living people Members of the National Committee of the Chinese People's Political Consultative Conference Members of the Selection Committee of Hong Kong Members of the Election Committee of Hong Kong, 1998–2000 Members of the Election Committee of Hong Kong, 2000–2005 Members of the Election Committee of Hong Kong, 2007–2012 Members of the Election Committee of Hong Kong, 2012–2017 Members of the Election Committee of Hong Kong, 2017–2021 Members of the Election Committee of Hong Kong, 2021–2026 Agricultural Bank of China people