Hong Kong Exchanges and Clearing Limited has appointed Kay Lo Hei Rose to its statutory Risk Management Committee, replacing former Hong Kong Interbank Clearing Limited chairman Xing Guiwei.
HKEX said the appointment, effective 1 January, was made in accordance with the Securities and Futures Ordinance. Lo Hei Rose recently became chairman of Hong Kong Interbank Clearing Limited and joins the committee as its newest member.
The Risk Management Committee, which advises the HKEX board on the adequacy of risk safeguards across the group’s clearing houses, will continue to be chaired by Carlson Tong.
HKEX confirmed the full list of members as: Carlson Tong, Chow Woo Mo Fong Susan, Ho Hon Kit Daryl, Kay Lo Hei Rose, Kwok Pui Fong Miranda, Leung Chung Yin Rico, Leung Pak Hon Hugo and Sun Yu.
Lo Hei Rose’s inclusion follows other recent governance adjustments across Hong Kong’s financial infrastructure operators.
HKEX reiterated that the appointment followed the prescribed regulatory process and takes effect immediately.
