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
NationalityTaiwan
Alma materNational Chengchi University
Northwestern University

Joseph Lyu or Lyu Jye-cherng (Chinese: 呂桔誠; born 15 December 1956) is a Taiwanese business executive and politician.

Education

Lyu attended National Chengchi University and Northwestern University.[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

  1. ↑ "Jye-Cherng Lyu". Bloomberg. Retrieved 28 January 2018.
  2. ↑ Huang, Joyce (2 January 2008). "Joseph Lyu tapped to head Mega". Taipei Times. Retrieved 28 January 2018.
  3. ↑ Chou, Cybil (5 July 2000). "CAL board gets itself a makeover". Taipei Times. Retrieved 28 January 2018.
  4. ↑ "State-run firms plan layoffs". Taipei Times. 17 April 2002. Retrieved 28 January 2018.
  5. ↑ "CPC says CNOOP deal far from signed". Taipei Times. 14 May 2002. Retrieved 28 January 2018.
  6. ↑ "State-run firms: Stand-in chief sought". Taipei Times. 22 June 2002. Retrieved 28 January 2018.
  7. ↑ "Government to speed up large sell-off". Taipei Times. 3 November 2002. Retrieved 28 January 2018.
  8. ↑ Ko, Shu-ling (2 June 2002). "Some question airline's privatization". Taipei Times. Retrieved 28 January 2018.
  9. ↑ "Chunghwa defends chairman after ouster report". Taipei Times. 4 January 2003. Retrieved 28 January 2018.
  10. ↑ "Chunk of oil giant to be sold". Taipei Times. 17 January 2003. Retrieved 28 January 2018.
  11. ↑ Huang, Joyce (29 May 2003). "Tsung sprouts new wings". Retrieved 28 January 2018.
  12. ↑ Ho, Jessie (2 September 2003). "Water prices will be doubled soon, officials promise". Taipei Times. Retrieved 28 January 2018.
  13. ↑ Huang, Joyce (9 June 2004). "Cabinet approves reshuffle of state banks' top brass". Taipei Times. Retrieved 28 January 2018.
  14. ↑ Huang, Joyce (29 June 2004). "Joseph Lu takes over as new Bank of Taiwan chief". Taipei Times. Retrieved 28 January 2018.
  15. ↑ Huang, Tai-lin (24 August 2004). "Chen meets with economic advisors as growth jumps". Taipei Times. Retrieved 28 January 2018.
  16. ↑ Huang, Joyce (21 October 2004). "Bankers laud Chen's consolidation plans". Taipei Times. Retrieved 28 January 2018.
  17. ↑ Lin, Jackie (19 November 2005). "Latest bank merger does not make sense: analysts". Taipei Times. Retrieved 28 January 2018.
  18. ↑ Lin, Jackie; Ho, Jessie (21 January 2006). "New ministers of economics and finance appointed". Taipei Times. Retrieved 28 January 2018.
  19. ↑ Lin, Jackie; Chung, Amber (24 January 2006). "New ministers have tough rows to hoe". Taipei Times. Retrieved 28 January 2018.
  20. ↑ Lin, Jackie (25 January 2006). "New finance minister keeps low profile". Taipei Times. Retrieved 28 January 2018.
  21. ↑ "King's Town woos Lyu". Taipei Times. 26 September 2006. Retrieved 28 January 2018.
  22. ↑ "Lyu appointed to Mega job". Taipei Times. 15 January 2008. Retrieved 28 January 2018.
  23. ↑ Huang, Joyce (16 January 2008). "Lyu confirmed as chairman of Mega Financial Holding". Taipei Times. Retrieved 28 January 2018.
  24. ↑ Hsu, Crystal (16 July 2008). "Wang Rong-jou takes over the reins at Mega Financial". Taipei Times. Retrieved 28 January 2018.
  25. ↑ Chen, Wei-han (31 August 2016). "Cabinet task force to probe Mega Bank". Taipei Times. Retrieved 28 January 2018.
  26. ↑ Chen, Ted (17 February 2017). "Taiwan Financial to back policies on urban renewal". Taipei Times. Retrieved 28 January 2018.
  27. ↑ Hsu, Crystal (10 June 2017). "Bank of Taiwan to back renewal". Taipei Times. Retrieved 28 January 2018.
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