Transcription of Managing Director’s Report - MPFA
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Managing Director’s Report - MPFA
8 ManagingDirector sReportThis is the last time that I present the MPFA s annual Report as its Managing Director. When Iwrote the Report for last year, I thought it was my last but somehow I managed to continue for onemore start, I am deeply thankful to all those who have contributed to the MPF System and the MPFA during my past three years as its Managing Director. Without the trust and support of theManagement Board and its Committees during these crucial years, we would not have made suchremarkable progress, both in operating the MPF System and the development of the achievements also have been built on the invaluable counsel and assistance provided by theMPF Schemes Advisory Committee and the Industry Schemes Committee. I must expressparticularly my deep gratitude to the MPFA Chairman, Mr Charles Lee, and the Government, bothfor their steer, support and understanding during my years as Managing this last Report , it may be tempting to present a summary of the past and then make a fewforward-looking remarks.
Mandatory Provident Fund Schemes Authority Annual Report 2002/03 9 reality that must be faced. By now, I think most people should have come to realize that
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