People Moves - HKEX names Laura Cha May-Lung Chairwoman
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Hong Kong Exchanges and Clearing has named Laura Cha May-Lung the next chair of the board, marking the first time a woman has held the position at the stock exchange operator.
Her appointment is subject to written approval by the chief executive of the Hong Kong Special Administrative Region. The HKEX said a further announcement will be made once the approval is obtained.
Cha will serve as chair for the next two years, a period coinciding with the remainder of her term as a director on the HKEX board. She replaces CK Chow, who has opted to retire as chairman at the end of his term. At the same time, Cha will succeed Chow as a director of the London Metal Exchange. This appointment is subject to receiving a no-objection confirmation from the London exchange’s regulator.
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