Joseph Lyu
Taiwanese banker and politician (born 1956)
From Wikipedia, the free encyclopedia
Joseph Lyu or Lyu Jye-cherng (Chinese: 呂桔誠; born 15 December 1956) is a Taiwanese business executive and politician.
Joseph Lyu | |
|---|---|
呂桔誠 | |
| Chairman of Taiwan Financial Holdings Group | |
| In office 20 May 2016 – 3 February 2023 | |
| Preceded by | Catherine Lee |
| Succeeded by | Shen Jong-chin |
| Minister without Portfolio | |
| In office 4 July 2006 – September 2006 | |
| Prime Minister | Su Tseng-chang |
| 26th Minister of Finance | |
| In office 25 January 2006 – 3 July 2006 | |
| Prime Minister | Su Tseng-chang |
| Preceded by | Lin Chuan |
| Succeeded by | Ho Chih-chin |
| Personal details | |
| Born | 15 December 1956 |
| Nationality | Taiwan |
| Education | National Chengchi University (BA) Northwestern University (MA) |
Education
Lyu attended National Chengchi University and then was educated at Northwestern University, where he earned a master's degree in management.[1]
Career
Lyu worked for BNP Paribas and the Bank of New York Mellon, among other institutions.[2] In July 2000, while serving as the vice president of KBC Bank in Taiwan, he accepted an appointment to the China Airlines board of directors.[3] By 2002, Lyu was the vice chairman of the Commission of National Corporations, a division of the Ministry of Economic Affairs.[4][5] In this position, he acted as the commission's spokesman, announcing several moves involving state-owned enterprises.[6][7] Lyu was named to the board of the China Aviation Development Foundation (CADF) in June 2002. At the time, CADF held a majority of shares in China Airlines.[8] After Mao Chi-kuo stepped down as chairman of Chunghwa Telecom in January 2003, Lyu was considered a potential successor.[9] However, Lyu remained at the Commission of National Corporations for a time.[10] Later that year, Lyu left both the Commission of National Corporations and China Airlines.[11][12] In June 2004, Lyu succeeded Chen Mu-tsai as chairman and president of the Bank of Taiwan.[13][14] Concurrently, Lyu also served on an economic advisory committee led by Lin Hsin-i.[15][16] During his tenure, the merger of the Bank of Taiwan with the Central Trust of China was approved.[17]
In January 2006, Lyu was appointed finance minister, replacing Lin Chuan.[18][19] Lyu took office on 25 January 2006.[20] Lyu left the cabinet in September to chair King's Town Bank.[21] In January 2008, Lyu became the chairman of Mega Financial Holding Company.[22][23] Wang Rong-jou replaced Lyu in July.[24] In August 2016, Lyu was named to a government taskforce convened to probe the New York branch of Mega International Commercial Bank.[25] Later, Lyu returned to Taiwan Financial Holding, and the Bank of Taiwan as chairman.[26][27]