David K. P. Li is Chairman and Chief Executive of The Bank of East Asia Ltd., which was established in Hong Kong in 1918. He is member of the Legislative Council of Hong Kong, member of the Exchange Fund Advisory Committee, and Chairman of the Chinese Banks' Association. Dr Li was Member of The Preparatory Committee for the Hong Kong Special Administrative Region, a Hong Kong Affairs Adviser to the People's Republic of China , and Vice-Chairman of the Basic Law Drafting Committee which laid the groundwork for the laws of Hong Kong after June 30, 1997 when sovereignty over Hong Kong reverted from Britain to China .