Hong Kong Exchanges and Clearing Limited (HKEX) today welcomed the Hong Kong Government’s appointment of Carlson Tong and Joseph Yam and the reappointment of Nisa Leung to its Board of Directors.

The two-year terms of the three directors will begin at the conclusion of HKEX’s Annual General Meeting (AGM) in 2023, and will end at the conclusion of the company’s AGM in 2025.

Rafael Gil-Tienda and Stephen Yiu will retire from the Board after the conclusion of the AGM on 26 April 2023.

HKEX Chairman, Laura M Cha, said:

“We warmly welcome the appointment of Mr Carlson Tong and Mr Joseph Yam to our Board of Directors. They are both distinguished leaders in international financial and monetary affairs, with extensive knowledge and experience in both market regulation and Hong Kong’s capital markets. Their experience will be immensely valuable to the Board and to HKEX’s continued development, supporting Hong Kong’s position as a premier global financial centre.”

On behalf of HKEX, I would like to express my sincere thanks to Mr Rafael Gil-Tienda and Mr Stephen Yiu for their significant contributions to HKEX over the past several years. Their expertise, experience and candour has been much valued.”

The Board of Directors of the HKEX comprises a maximum of six directors appointed by the Financial Secretary, a maximum of six directors elected by shareholders, and the Chief Executive of the HKEX. The other incumbent directors appointed by the Financial Secretary are Mrs Laura Cha May-lung, Mr Benjamin Hung Pi-cheng and Mrs Susan Chow Woo Mo-fong.