Dr Tung is the Director and Head of Policy Research for the Financial Services Development Council (FSDC). He leads the team responsible for conducting policy research and industry surveys to formulate proposals for the Hong Kong Special Administrative Region Government and financial regulators.

Before joining the FSDC, Dr Tung was the Director of Capital Markets Policy for the CFA Institute, covering research areas related to capital market structures (e.g. corporate governance, regulatory environment) in the Asia Pacific region. Before that, he was the Senior Economist for the Hong Kong General Chamber of Commerce, where he oversaw its macroeconomic research, as well as labour- and international trade-related policy research functions. He also served as an economist and a research analyst for banks, a trade credit insurer and a Hong Kong-based think-tank.

Dr Tung holds a doctoral degree in organisational leadership from Northeastern University in Boston and is a Fellow of CPA Australia. He received a Master’s degree and a Bachelor’s degree, both in Economics, from the University of Hong Kong and the University of Wisconsin–Madison, respectively.