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Industry news

HKEX establishes new council


21 February 2019 Hong Kong
Reporter: Maddie Saghir

Generic business image for news article
Image: Shutterstock
Hong Kong Exchanges and Clearing Limited (HKEX) has established an International Advisory Council.

The council consists of experts in economics, business and finance from around the world who will act as advisers to the board of directors of HKEX.

According to HKEX, they will continue to develop and grow and the establishment of the council will provide the Board with expert insight and perspective.

The council will meet at least twice a year and contribute to HKEX’s understanding of their global environment.

This included developments in major international financial centres, the evolving global geopolitical landscape, advancements in technology and global policy and regulatory initiatives.

The council will be chaired by HKEX’s Chairman for a term coterminous with his/her chairmanship at HKEX.

Other members of the Council will be appointed for an initial term of three years, subject to renewal.

Laura M Cha, HKEX chairperson, commented: “I am honoured to welcome Stuart Gulliver, Mary Schapiro, and Joseph Tsai to HKEX’s new International Advisory Council.”

“Each are true global leaders, whose knowledge, experience and insight span geographies, markets and sectors.”

“The establishment of the Council will provide invaluable support to the Board in the development of HKEX’s strategy and delivery of our vision to be Asia’s leader in global markets.”

To read the full list of people on the council click here.
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