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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