Hong Kong Exchanges and Clearing Limited (HKEX) has announced two senior appointments to strengthen its market operations and connectivity strategy.
HKEX Names New Heads of Trading Operations and Connect
Phillip Wu will join HKEX as Managing Director, Head of Trading Operations, on 20 October 2025. He will oversee trading operations across the cash and derivatives markets and report to Xu Liang, Head of Operations.
Vanessa Lau, HKEX’s Chief Operating Officer, said: “We are delighted to welcome Phillip Wu to the HKEX family. Phillip is a seasoned senior operations executive who has successfully showcased his adaptability and strategic vision in the ever-evolving financial landscape.”
Wu previously served as Managing Director, Group Chief Control Officer for HSBC’s Global Operations, and spent 16 years at J.P. Morgan, rising to Managing Director. He holds a Master of Economics from the University of Hong Kong and a Bachelor of Arts in Economics and Commerce from the University of British Columbia.
HKEX also named Sally Kwok as Managing Director, Head of Connect, effective 1 January 2026.
In her new role, Kwok will lead a consolidated Connect team within the Markets Division, bringing together HKEX’s cross-border initiatives across asset classes.
Gregory Yu, Head of Markets, said: “Connect is one of the Group’s most important and successful franchises, and Sally’s vision and expertise will be vital to its next chapter of growth.”
Kwok, currently Co-Head of Trading, has spent over 17 years at HKEX and holds a Master of Engineering and Computer Science from the University of Oxford.
