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.

Preceded byCatherine Lee
Succeeded byShen Jong-chin
Prime MinisterSu Tseng-chang
Prime MinisterSu Tseng-chang
Quick Facts Chairman of Taiwan Financial Holdings Group, Preceded by ...
Joseph Lyu
呂桔誠
Chairman of Taiwan Financial Holdings Group
In office
20 May 2016  3 February 2023
Preceded byCatherine Lee
Succeeded byShen Jong-chin
Minister without Portfolio
In office
4 July 2006  September 2006
Prime MinisterSu Tseng-chang
26th Minister of Finance
In office
25 January 2006  3 July 2006
Prime MinisterSu Tseng-chang
Preceded byLin Chuan
Succeeded byHo Chih-chin
Personal details
Born (1956-12-15) 15 December 1956 (age 68)
NationalityTaiwan
EducationNational Chengchi University (BA)
Northwestern University (MA)
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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]

References

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