Hong Kong Exchanges and Clearing Limited (HKEX) today announced the appointment of John Hsu as Managing Director and Group Chief Technology Officer. He succeeds Richard Leung, who will become Group Chief Information Officer.

Reporting to Mr Leung, Mr Hsu will join the Group on 29 September 2023 and become a member of the Group’s Management Committee. He will head the Group’s IT infrastructure, operations, development and support functions in Hong Kong, as well as HKEX’s Innovation and Data Lab and its Mainland Technology Centre.

In his new role, Mr Leung will continue to have oversight of the Group’s technology strategy and functions, and will also focus on a number of key strategic group-wide projects. He will continue to report to HKEX Chief Executive Officer, Nicolas Aguzin.

Mr Hsu joins HKEX from HSBC, where he was Chief Information Officer Asia Pacific since May 2019. Prior to this he held senior roles at Huawei Technologies, SF Express and Deloitte. He also founded ALA Financial – a company focused on leveraging the power of micro-financing to support young investors and borrowers.

Mr Hsu has a BS in Electrical Engineering and Computer Science at the University of California, Berkeley, and an MSc in Information Systems and Management at Carnegie Mellon University in the US.