Datuk Seri Panglima Andrew Sheng (born 1946) is a Malaysian accountant. He served as chairman of the Hong Kong Securities and Futures Commission (SFC) before his replacement by Martin Wheatley in 2005.
Sheng is Malaysian Chinese. He grew up in British North Borneo (today Sabah, Malaysia). He left Malaysia in 1965 to attend the University of Bristol in England, where he studied economics.
Following his graduation, Sheng moved to London and joined Arthur Andersen to train as a chartered accountant. After seven years in England, he came back to Malaysia in 1972, and four years later took up a position at Bank Negara Malaysia, where he did work involving banking regulation. In 1989 he was seconded to the World Bank office in Washington, DC; he came back to Asia in 1993 to serve as the deputy chief executive of the Hong Kong Monetary Authority. After that, he was appointed to his position on Hong Kong's SFC in October 1998; Tung Chee Hwa re-appointed him in October 2003 for a further two years. In 2005, he stepped down in favour of Wheatley, who had joined the SFC the year prior after being removed from his position at the London Stock Exchange.
As of 2009Khazanah Nasional. He is a member of Malaysia's National Economic Action Council, holds an advisory role on the China Banking Regulatory Commission, and sits on the boards of the Qatar Financial Centre Regulatory Authority and Sime Darby.
, Sheng is a director at
- Sheng, Andrew (2009), From Asian to global financial crisis: an Asian regulator's view of unfettered finance in the 1990s and 2000s, Cambridge University Press, ISBN 978-0-521-13415-6
- "Why should a financial engineer be paid four to a hundred times more than a real engineer? A real engineer builds bridges. A financial engineer builds dreams and, when those dreams turn out to be nightmares, other people pay for it." —Andrew Sheng, in an interview for the 2010 financial industry documentary Inside Job.
- ^ a b c Thean, Lee Cheng (2009-12-05), "Up Close and Personal with Datuk Seri Panglima Andrew Sheng", The Star, http://biz.thestar.com.my/news/story.asp?file=/2009/12/5/business/5243227&sec=business, retrieved 2010-12-09
- ^ a b "Martin Wheatley appointed as Hong Kong SFC chairman", Forbes, 2005-09-30, http://www.forbes.com/feeds/afx/2005/09/30/afx2253332.html, retrieved 2010-12-09
- ^ "Andrew Sheng re-appointed as HK's chairman of Securities and Futures Commission", China Daily, 2003-09-26, http://www.chinadaily.com.cn/en/doc/2003-09/26/content_267892.htm, retrieved 2010-12-09
- ^ "Wheatley steps down at LSE", The Telegraph, 2004-02-07, http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2004/02/07/cnlse07.xml&menuId=242&sSheet=/money/2004/02/07/ixcity.html, retrieved 2010-12-09
- ^ Murugiah, Surin (2009-07-10), "Andrew Sheng, Zainam Aznam appointed to NEAC", The Edge Malaysia, http://www.theedgemalaysia.com/first/18362-andrew-sheng-zainal-aznam-appointed-to-neac.html, retrieved 2010-12-13
- ^ "Consequence Free Crime: Putting the spotlight back on those responsible for millions' misery from financial crisis", See Magazine, 2010-11-11, http://www.seemagazine.com/article/screen/screen-feature/consequence-free-crime-4869/, retrieved 2011-03-24