Mr Fan has a long record of public service in Hong Kong. Currently he is a member of the Chief Executive's Council of Advisers on Innovation and Strategic Development, the Hospital Authority and the Financial Services Development Council. Among his past services, he was a nonofficial member of the Executive Council, Chairman of the Mandatory Provident Fund Schemes Authority, Chairman of the Standing Committee on Disciplined Services Salaries and Conditions of Service, non-executive director of the Securities and Futures Commission and the Hong Kong Exchanges and Clearing Limited as well as a member of the Exchange Fund Advisory Committee.
Mr Fan is an independent non-executive director of Sun Hung Kai Properties Limited and HKR International Limited. He is also the Managing Director of Hong Kong Glory Limited and Chairman of the Fan Family Charitable Trust, a family investment company and charitable foundation respectively.