Mr Tam is responsible for policy and development, covering the development of the Risk-based Capital Regime, Policy Holders’ Protection Scheme, insurance-linked securities, InsurTech and the Belt and Road Insurance Exchange Facilitation (BRIEF) platform. He has extensive experience in insurance and pension business in Hong Kong, Mainland China, Asia and North America. He designed the solvency regime for life insurance business when he was Assistant Commissioner of Insurance of the Office of the Commissioner of Insurance (OCI), and formulated Mandatory Provident Fund (MPF) regulations when he was Assistant Director of the MPF Office. He helped establish the Mandatory Provident Fund Schemes Authority as an Executive Director. Prior to joining the Insurance Authority, he was Chief Risk Officer for Asia of a multinational insurance group and helped set up and built greenfield insurance and pension operations in Mainland China, Vietnam and the Philippines. He was the recipient of China’s first Actuary of the Year Award.