Lucy Wong is an Advisor at the Bank for International Settlements Innovation Hub (BISIH) and leading on innovation projects on digital assets, stablecoins, central bank digital currencies (CBDCs) and tokenised deposits. She recently completed Project Dynamo which delivered a prototype platform for using stablecoins/digital tokens for SME finance in a supply chain. The project also delivered a survey study on the potential wholesale use cases of stablecoins, CBDCs and tokenised deposits as well as related regulatory outlook and adoption challenges.
Prior to the BISIH, Lucy worked at the Hong Kong Monetary Authority (HKMA) and was responsible for banking crisis prevention and management. During her time at the HKMA, she led the development of the HKMA’s policy on Operational Continuity in Resolution, including addressing the implications of adoption of FinTech by the banking industry on operational continuity. She also represented the HKMA in participating in the Financial Stability Board’s development of guidance related to bank resolution.
Prior to the HKMA, she was a Director at Standard Chartered Bank working across a number of functions including Asset & Liability Management, Corporate Banking, Debt Capital Markets and Group Treasury. During her time at Corporate Banking, she led a team of product specialists in the development of various products for the clients including payments, cash management, supply chain solutions, bonds, structured export finance and structured trade finance.
Lucy obtained her Bachelor’s Degree in Finance from the Chinese University of Hong Kong and her MBA from INSEAD.
