Sir Piers Jacobs KBE JP (Chinese: 翟克誠; 27 May 1933 – 23 September 1999) was Financial Secretary of Hong Kong from 1986 to 1991, a period that included the 1987 market crash, when he oversaw the closure of the stock exchange and notably refused to bail out the Bank of Credit and Commerce International. He also was Secretary for Economic Services from 1982 to 1986.[1]

Sir Piers Jacobs
Financial Secretary of Hong Kong
In office
1986–1991
Secretary for Economic Services
In office
1982–1986
Personal details
Born(1933-05-27)27 May 1933
United Kingdom
Died23 September 1999(1999-09-23) (aged 66)
Hong Kong
Piers Jacobs
Traditional Chinese翟克誠

A solicitor by profession,[2] Jacobs held a number of senior corporate positions, including in later life: senior vice-chairman and director of CLP Holdings, chairman and director of Sir Elly Kadoorie and Sons, and chairman of the Kadoorie Farm and Botanic Garden Corporation.[1]

Personal life, and death edit

Born in the United Kingdom,[2] Jacobs was married with one daughter. He died in Hong Kong on 23 September 1999, survived by his wife and daughter.[1]

References edit


Preceded by Secretary for Economic Services
1982–1986
Succeeded by
Preceded by Financial Secretary of Hong Kong
1986–1991
Succeeded by