Standard Chartered has lost one of its regional big guns to the governmental sphere, with the departure of its regional chief economist for Northeast Asia. KC Kwok is to return to the Hong Kong SAR government as an economist after working at Standard Chartered since 1991.

Kwok will provide economic advice and insight to the Territory's government as well as overseeing the business facilitation division, a department dedicated to streamlining government regulations and facilitating business.

Kwok returns to the governmental world where he held a serious of posts before his commencement at Standard Chartered. His has held positions in the economic services branch, the monetary affairs branch and the office of the commissioner of banking of the Hong Kong government.

Prior to working with the government, Kwok was also employed by HSBC. His stellar career and economic experience has also led to appointments on numerous committees and boards that work closely with the Hong Kong government. These positions have included seats on the Town Planning Board, the Trade and Industry Advisory Board and the Pacific Economic Co-operation Council.

He is also a director of the Hong Kong Science and Technology Parks Corporation and a member of the council of Lingnan University. Outside of the government world, Kwok's reputation has also landed him the positions of chairmen of the Hong Kong coalition of services and the honorary economist of the Hong Kong British Chamber of Commerce.