Kevin C. CHENG

Professor Cheng is a veteran financial and international macroeconomic economics with 20 years of experience working on a wide range of areas related to financial stability.

His expertise includes global and EM economic outlook and analysis; macroeconomic and macrofinancial crisis prevention/management and surveillance, supervision/regulation, as well as financial technology and digitalization.

He had extensive experience on stakeholder engagement with the academia, international institutions, national authorities, media, and NGOs.

Teaching

• He is currently Adjunct Professor teaching International Macroeconomics (Econ 6008) for the Master of Economics.
• At the University of Chicago, he was Teaching Assistant for Nobel Laureate Jim Heckman’s PhD-level Econometric class. He had also taught undergraduate microeconomic classes.

Research Interest

• Macroeconomic Outlook; Financial Stability; Big Data and Financial Technology; Bank Regulation and Supervision.

Service to the University/Community

• Professor Cheng serves as the Founding President for the Chicago Economics Society (CES), a global alumni association of the University of Chicago devoted to Economics.

Academic & Professional Qualification

• Professor Cheng is currently Adjunct Professor of the Faculty of Business and Economics at the University of Hong Kong.
• In addition to his academic duties with HKU, he is currently also Head of Financial Stability Surveillance at the Hong Kong Monetary Authority (HKMA), a position that he has been holding since Spring 2017. Under his leadership, he is overseeing 6 teams of financial economists and specialists to identify emerging risks and vulnerabilities and their transmission paths in the financial system, monitor global financial markets, as well as lead a data-driven approach to facilitate risk monitoring and surveillance.
• Prior to joining the HKMA, he had worked for the International Monetary Fund (IMF) for 15 years in Washington DC. He had worked on numerous assignments, including: formulating the overall strategic directions and priorities of IMF and key work program of the IMF Executive Board; authoring chapters for the World Economic Outlook, Asia Regional Outlook, and the G-20 Surveillance Notes as well as leading Article IV missions, as well as participating in Article IV Missions in Asia, Europe, and Africa.
• Professor Cheng obtained his PhD in Economics from the University of Chicago in 2002.
• He also received accreditation of the Chartered Financial Analyst (CFA) and Financial Risk Manager (FRM) in 2009 and 2010, respectively.