Bernard Charnwut Chan was born into a Thai-Chinese family in Hong Kong in 1965. He was educated locally before finishing high school (The Hill School) in the United States. Unlike many Hong Kong students who often favour business-related or technical subjects, Bernard studied studio art at Pomona College, a renowned liberal arts college in the US. His favourite art technical was pointillism, and his artwork has been published.

Upon college graduation, Bernard worked in New York for an investment bank before returning to Hong Kong. After working for his family’s privately held investment company, he moved to the publicly listed Asia Financial Holdings, which owns Asia Insurance and invests in the insurance, health care and other sectors. Today, he is the Chairman and President of Asia Financial Holdings and Chairman of Asia Insurance, which has gained a reputation as one of the most financially robust insurers in Hong Kong.

Among his business successes is the formation in 1999 of Bank Consortium Trust as Founding Chairman, a joint venture of nine Hong Kong institutions that provides Mandatory Provident Fund services. Bank Consortium Trust today has over US$26 billion of funds under its management. Another one is the sale in 2006 of Asia Financial Holdings' subsidiary Asia Commercial Bank at a price-to-book value of 2.5 times. It was the highest ever multiple for a bank of that size in Hong Kong.

Bernard sits on the boards of several local and overseas companies in financial services and is a director of Bumrungrad Hospital Public Company Limited in Thailand. Bernard serves as a Chairman of the Hong Kong-Thailand Business Council, which encourages the development of trade and investment between the two places. He is also an advisor to Bangkok Bank (China) Co. Ltd and a director of the Alibaba Entrepreneurs Fund in Hong Kong.

From 1998 to 2008, he was a member of Hong Kong's Legislative Council, where he represented the Insurance Industry. In January 2008, Bernard was elected to the National People's Congress, the highest organ of state power in China, in which he is one of 36 Hong Kong deputies. He served as a non-official member of the Executive Council, Hong Kong's highest policy making body, from 2004 to 2009, and again from 2012, and was appointed Convenor of the Non-Official Members of the Executive Council from mid-2017 to mid-2022.

His interests in three particular social policy areas – welfare, quality of life and education – are reflected in a number of his public service activities.

The plight of the disadvantaged and the lack of social cohesion in modern Hong Kong have led Bernard to think about the need to build meaningful bridges between the business world and the welfare sector and its clients. As the chairperson of the Hong Kong Council of Social Service – an umbrella group of welfare agencies – he is proud to have played a part in the creation of Caring Company, a framework that creates partnerships between the business and welfare sectors. He was also Vice Chairman of the council of Oxfam Hong Kong from 2001-14, and is chairman of its annual Trailwalker event – a fund-raising 100-kilometre race that attracts teams from around the world and which Bernard himself has completed several times.

Bernard is also concerned about the quality of life in Hong Kong, such as the physical environment, health, pollution, cultural life, quality of services and other issues that keep the city competitive and attractive not just as a business centre but as a home for its ambitious and international population. He was the Chairman of the Antiquities Advisory Board from 2009 to 2012, which advises the government on historic buildings and monuments. He was also the Chairman of the Advisory Committee on Revitalisation of Historic Buildings from 2008-2016, which reviews and advises the government on proposals for innovative uses for heritage sites.

In October 2016, he was appointed a Board Member of the West Kowloon Cultural District Authority, and became Founding Chairman of the Hong Kong Palace Museum Ltd (March 2018 – August 2022). In November 2019, he became Chairman of the Executive Committee of the Hong Kong Chronicles Institute. In 2020, he was appointed Chairman to the Tai Kwun Culture & Arts Co. Ltd., which is responsible for the funding, planning, curation and execution of culture and arts programmes. Bernard is also a patron of the Photographic Heritage Foundation.  Bernard was appointed Chairman of M+ Museum and the Vice Chairman of the Board of the West Kowloon Cultural District Authority in April and October 2022 respectively.

He was appointed Chairman of the Council for Sustainable Development (Mar 2009 – Feb 2015), which advises the government on urban environment issues, and has focused particularly on sustainable building design, proposals for municipal solid waste charging and new approaches to energy saving. In 2014 he was appointed Chairman of the Steering Committee on Restored Landfill Revitalisation Funding Scheme, which considers ways to reuse restored landfills for public leisure or conservation purposes. And in 2015 he was named Chairman of the Committee on Reduction of Salt and Sugar in Food. In July 2017, he became Vice Chairman of the Board of Governors of Our Hong Kong Foundation Ltd., the Executive Vice Chairman in September 2022, then became the Chairman in September 2023.

Among his previous public service activities, Bernard was from 2001-06 Chairman of the Standing Committee on Disciplined Services Salaries and Conditions of Service, an independent body that advises the Hong Kong government on pay and conditions for police, prison, immigration, emergency and similar services. He was appointed Chairman of the Standing Committee on Judicial Salaries and Conditions of Service in 2011-2016.

In the education area, Bernard is Trustee Emeritus of Pomona College in California, USA and was a trustee from 1995-98 and 2008-2020. He was also the Council Chairman of Lingnan University, Hong Kong in 2008-2014. Like Pomona, Lingnan is dedicated to the principles of liberal education. He is a Chairman of the Board of Governors of Shrewsbury International School Hong Kong. He has also served since 2013 as Chairman of the Innovation and Technology Scholarship Award Scheme, which enables Hong Kong scholars to pursue top-class technology courses at international universities.

In 2015, he was conferred with an Honorary Doctorate of Humanities by Lingnan University and an Honorary Doctorate of Social Science by City University of Hong Kong , and in 2017 he received an Honorary Doctorate of Business Administration from the Open University of Hong Kong (now called The Hong Kong Metropolitan University). In 2016, he was made an Honorary Fellow of the Hong Kong Institute of Architectural Conservationists and Honorary Professor in the Division of Architectural Conservation Programmes under the Faculty of Architecture of The University of Hong Kong. In 2019 he was awarded an Honorary Doctorate of Humane Letters by Savannah College of Art and Design (Hong Kong).

Bernard was appointed a Justice of the Peace in 2002, and a Commander (3rd Class) of the Most Noble Order of the Crown of Thailand in 2004. In 2006, still barely in his 40s, he was awarded the Gold Bauhinia Star by the Hong Kong SAR Government. In 2020, he received the government’s highest honour, the Grand Bauhinia Medal.

He is married and has two children.

Oct 2025

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