HKEX ANNOUNCED THAT MR. TANG KIA-SHENG WILL REPLACE MS. SMYLAN AS THE NEW CHAIRMAN OF THE BOARD. Mr Tang's appointment will take effect after the end of the 2024 Annual General Meeting and is subject to the written approval of the Chief Executive of the Hong Kong SAR. Mr. Tang has a wealth of financial and management experience and has held positions in a number of well-known institutions, including Hong Kong Investment Management Limited, Hong Kong Railways Limited, Cathay Pacific Limited and Standard Chartered Group Limited. In addition, Ms. Smith will retire as a Director at the end of her term, but will be appointed as a Senior Advisor to the Board and will continue to serve as...Show More

HKEX ANNOUNCED THAT MR. TANG KIA-SHENG WILL REPLACE MS. SMYLAN AS THE NEW CHAIRMAN OF THE BOARD. Mr Tang's appointment will take effect after the end of the 2024 Annual General Meeting and is subject to the written approval of the Chief Executive of the Hong Kong SAR. Mr. Tang has a wealth of financial and management experience and has held positions in a number of well-known institutions, including Hong Kong Investment Management Limited, Hong Kong Railways Limited, Cathay Pacific Limited and Standard Chartered Group Limited. In addition, Ms. Smith will retire as a Director at the end of her term, but will be appointed as a Senior Advisor to the Board and will continue to serve as Chair of the HKEX International Advisory Committee and the China Business Advisory Board. Mr. Tang will receive the appropriate remuneration during his term of office and will serve as a Director of HKEX Investment (UK) Limited, a wholly owned subsidiary of the HKEX Exchange from 6 March 2024. The Board of the HKEX said that Mr. Tang's accession would bring valuable leadership and experience to the company.