The Hong Kong Stock Exchange (00388.HK) announced multiple management appointments today (29th), effective January 1 next year.
The Deputy Chief Executive, Co-Head of Operations, and Co-Head of Markets at the Hong Kong Stock Exchange, Yiu Ka Yan, will retire at the end of the year. He will also simultaneously step down as the CEO of the Stock Exchange and the Futures Exchange. After his retirement, Liu Bi Yan will take over as the Chief Operating Officer of the Hong Kong Stock Exchange, while continuing to serve as the Group's Chief Financial Officer. Additionally, she will assume the role of CEO of the Stock Exchange and the Futures Exchange. The aforementioned appointments have been approved by the Securities and Futures Commission.
With Liu Bi Yan taking on the position of Chief Operating Officer, the Hong Kong Stock Exchange announced the appointment of Xu Liang as Managing Director and Head of Operations. Xu Liang will assume the role on February 10, 2025, reporting to Liu Bi Yan. In this newly established position, Xu Liang will be responsible for managing the group's operations in the Hong Kong market, including trading, post-trade business, and market surveillance functions, to ensure the continuous stability and efficiency of the Hong Kong market.
The Hong Kong Stock Exchange also announced that the current Co-Head of Markets, Su Ying Ying, will become the Head of Platform and Market Structure Development, responsible for leading this newly established department, focusing on the development of the group's innovative platforms and related businesses, further enhancing market diversification and efficiency. Su Ying Ying will report to the Group's Chief Information Officer, Liang Song Guang.