Andrew Sheng


Andrew Sheng is a distinguished fellow at Fung Global Institute, chief adviser to the China Banking Regulatory Commission, and a board member of Khazanah Nasional Berhad, the sovereign wealth fund of Malaysia. He also serves as an adviser to the UN Environment Program Inquiry into the Design of a Sustainable Financial System. Mr. Sheng also serves as a member of the Future of Finance Advisory Council, the International Advisory Council of the China Investment Corporation, the China Development Bank, the Advisory Council on Shanghai as an International Financial Centre, the China Securities Regulatory Commission, and the Securities and Exchange Board of India. Previously, he served as chairman of the Securities & Futures Commission of Hong Kong and as a central banker at the Hong Kong Monetary Authority and at Bank Negara Malaysia. Mr. Sheng has also worked at the World Bank. He is an adjunct professor at the University of Malaya and at the Tsinghua University School of Economics and Management. Mr. Sheng is the author of From Asian to Global Financial Crisis: An Asian Regulator’s View of Unfettered Finance in the 1990s and 2000s. He holds a BSc in economics and an honorary doctorate from the University of Bristol.

Areas of Expertise:

  • International Finance and Monetary Economics
  • Financial Regulation
  • Global Governance

By this expert

Rethinking Social Progress in the 21st Century

Article | Aug 14, 2018

A new report examines the path to global social progress. Unfortunately, there are no easy answers

The End of 'Financialization'

Article | Sep 18, 2013

The failure of Lehman Brothers on 15 September 2008 marked the beginning of the end of the world’s love affair with financialization.

What Was the Real Cost of the Great Recession?

Article | Aug 18, 2013

We are coming up to the fifth anniversary of the Lehman crash in September 2008. How bad was it? Have we fixed the problems?

Understanding Bank Liquidity

Article | Jul 28, 2013

The shortage of liquidity in the interbank market in China has sparked off a fear of “monetary famine.” This seems rather odd when the national savings rate is 50 per cent of GDP

Featuring this expert

YSI Asia Convening 2019

YSI Event Regional Convening YSI | Aug 12–14, 2019

Hundreds of young scholars from all over Asia are coming together in Hanoi to discuss new economic thinking, present their research, and work with over 30 senior scholars. Join us there and become a part of YSI’s global community!

Making Sense of Globalization in the 21st Century

Video | Jun 13, 2018

In a complex world, we’ll experience more “black swans”, and the things that standard economic models assumed away will matter much more.


From the Origins of Economic Ideas to the Challenges of Our Time

Event Plenary | Oct 21–23, 2017

INET gathered hundreds of new economic thinkers in Edinburgh to discuss the past, present, and future of the economics profession.

China and the Challenge of Economic Reform

Video | Aug 27, 2015

Bursting Bubbles leave a mess – in the markets, throughout the real economy, in societies, in politics and with policymaking.