Friday, February 22, 2019
Martin Hennecke

Cha and Hung get on board HKEx
Laura Cha Shih May-lung and Benjamin Hung Pi-cheng have been appointed to the board of the Hong Kong Exchanges and Clearing (0388) for a term of about two years, effective after HKEx's annual general meeting in April.

Cha is a member of the Executive Council, the chairman of the Financial Services Development Council and a member of the Financial Leaders Forum. She is also the non-executive deputy chairman of Hongkong and Shanghai Banking Corporation.

Hung is chief executive for Greater China and north Asia region of Standard Chartered Bank, and a member of the Financial Services Development Council and the Exchange Fund Advisory Committee.

Cha declared that she holds 1,000 shares of HKEx while Hung declared that he does not have any HKEx shares.

Both declared that they do not have any relationship with any directors, senior management, substantial shareholders or controlling shareholders of HKEx.

The board of the HKEx comprises a maximum of six directors elected by shareholders, a chief executive, and six directors appointed by the financial secretary.

The other appointed directors are Margaret Leung Ko May-yee, Anita Fung Yuen-mei, Rafael Gil-Tienda and Stephen Yiu Kin-wah.

HKEx also announced its chairman Chow Chung-kong and independent non-executive director Tim Freshwater will retire this year.

Previous news : Guangzhou R&F issues profit warning


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