Joseph Lyu
Lyu Jye-cherng | |
|---|---|
| Born | December 15, 1956 Taiwan |
| Other names | Joseph Lyu |
| Occupation(s) | Business executive, politician |
| Years active | 2000s–present |
| Known for | Minister of Finance of Taiwan, chairman of Bank of Taiwan, chairman of Mega Financial Holding Company |
Lyu Jye-cherng (; born 15 December 1956), also referred to as Joseph Lyu, is a prominent Taiwanese figure in both business management and politics.
Education
Lyu obtained his undergraduate degree from National Chengchi University and pursued a master's in management at Northwestern University.
Career
In the initial stages of his professional journey, Lyu held positions at BNP Paribas and Bank of New York Mellon. By July 2000, while serving as vice president at KBC Bank Taiwan, he secured a seat on the board of China Airlines. Two years later, he advanced to vice chairman of the Commission of National Corporations within Taiwan’s Ministry of Economic Affairs, where he acted as the spokesperson for initiatives related to state-owned enterprises. Additionally, he became a board member of the China Aviation Development Foundation, a key stakeholder in China Airlines.
Although considered for the chairmanship of Chunghwa Telecom in 2003, Lyu chose to remain with the Commission before stepping down from both it and China Airlines later that year. In June 2004, he assumed the roles of chairman and president at the Bank of Taiwan, simultaneously participating on an economic advisory committee. During his leadership, the Bank of Taiwan underwent a merger with Central Trust of China.
In January 2006, Lyu was appointed as Minister of Finance, succeeding Lin Chuan. He held this ministerial role until September when he transitioned to chair King's Town Bank. In January 2008, he took on the chairmanship of Mega Financial Holding Company but was succeeded by July of the same year. Later, in August 2016, Lyu joined a governmental taskforce tasked with investigating Mega International Commercial Bank’s branch in New York.
Following these roles, Lyu resumed his position as chairman of Taiwan Financial Holding and the Bank of Taiwan, where he advocated for policies promoting urban renewal and advancement within the financial industry.