Chan Kwan Pak

Biography

Mr. Chan is a fellow member of the Association of Chartered Certified Accountants and a member of the Hong Kong Institute of Certified Public Accountants, the Institute of Chartered Secretaries and Administrators as well as the Hong Kong Institute of Chartered Secretaries. He holds a Master’s degree in Business Administration and a Bachelor of Laws degree. Mr. Chan is currently a consultant to a number of companies listed on The Stock Exchange of Hong Kong Limited (the “Stock Exchange”), advising them on corporate governance issues. Mr. Chan was appointed by the Hong Kong SAR Government as an Adjudicator of the Registration of Persons Tribunal during the period from 2005 to 2011. He is the Honorary Secretary and a Council Member of the Energy Saving & Environment Concern Alliance. Mr. Chan is currently an independent non-executive director of Skyway Securities Group Limited, a Company listed on the main board of the Stock Exchange (Stock code: 1141). Mr. Chan was a non-executive director of Ruifeng Petroleum Chemical Holdings Limited (“Ruifeng”), a company listed on GEM Board of the Stock Exchange (Stock Code: 8096), during the period from 11 August 2008 to 9 October 2015. Ruifeng is in winding-up proceedings, which was commenced after Mr. Chan ceased to be its non-executive director. 

Research Interest

Pearl Petroleum is one of the largest private investors in the Kurdistan region in the oil and gas sector. It indirectly provides electricity supply to over four million people in Iraq.[6] In addition to increasing gas supply for domestic market and industry use, Pearl Petroleum also exports to foreign markets.The first stage of the commissioning of the Khor Mor field begun by recommissioning existing gas wells, building gas separation and treatment facilities, and the construction of 180 kilometres (112 mi)s of pipeline.[6] The first gas supply to the Erbil plant commenced in October 2008. The second stage, completed in 2011, involved the installation of a two-train liquid petroleum gas (LPG) plant with current gas production capacity of 330 MMscf/day.In a report titled Dana Gas and Crescent Petroleum Gas Project in Kurdistan Region of Iraq : Socio Economic Benefits Report authored by global accounting firm PwC, the savings to Kurdistan Regional government by migrating from diesel to cheaper gas is quantified at USD 15.9 billion since inception.[7] The report further mentions that the project has achieved an average savings of USD 300 million per annum in Greenhouse gas reduction.