Chan, Wai-sum（陳偉森）

Biography

Prof. Wai-sum Chan is an Emeritus Professor in the Department of Finance at The Chinese University of Hong Kong (CUHK) Business School. Prof. Chan was born in Hong Kong. His undergraduate work was taken at CUHK where he graduated in 1984 with a major in accounting and a minor in statistics. After graduation, he completed a research-based MPhil Degree in Statistics at CUHK. He then further pursued a doctorate in applied statistics at the Fox School of Business, Temple University (Philadelphia, US), receiving the PhD in 1989. He is a Chartered Enterprise Risk Analyst (CERA), Fellow of the Society of Actuaries (FSA), Honorary Fellow of the Institute and Faculty of Actuaries (HonFIA) and Chartered Statistician (CStat).

Prof. Chan has held teaching and research posts at the National University of Singapore, the University of Waterloo, The University of Hong Kong, and CUHK before his present appointment as Dean and Professor of Decision Sciences at the Hong Kong Hang Seng University. He received the Edward Lew Research Award (second prize) in 2006 and was awarded the Inaugural Teaching Excellence Award by the National University of Singapore in 1992.

Prof. Chan has published over 110 journal papers and authored five books. His recent book “Financial Mathematics for Actuaries” has been selected as one of the suggested textbooks for the professional Financial Mathematics Exam by the Society of Actuaries.

Prof. Chan has served on the editorial boards of many journals, including North American Actuarial Journal (co-Editor since 2014), Journal of International Financial Markets, Institutions and Money (Subject Editor since 2015), Emerging Markets Review (Subject Editor since 2014), and Finance Research Letters (from 2014 to 2020). He presented over 100 invited conference talks in more than 15 countries.

Prof. Chan served as a Non-Executive Director of the Governing Board of the Insurance Authority of Hong Kong (2015-2021), and he is a current member of the Hong Kong Committee for Pacific Economic Cooperation (HKCPEC) comprising representatives from the academic, business, and government sectors. The committee discusses trade and economic issues, and aims to foster closer economic cooperation in the Pacific region.

Research Interests

Modelling of Actuarial Assumptions
Law and Actuarial Science
Financial Econometrics
Clinical Statistics