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Screenshot of a breaking news alert e-mail from Q2 2017
Hong Kong Exchanges and Clearing Limited (HKEX) has made a change in the management of some of its key operating subsidiaries.
HKEX has announced that its Head of Markets, Kwok Keung (Roger) Lee, has been appointed to replace Romnesh Lamba as Chief Executive of The Stock Exchange of Hong Kong Limited (“SEHK”) and Hong Kong Futures Exchange Limited (“HKFE”), both of HKEX’s direct wholly-owned subsidiaries.
Mr. Lamba, HKEX’s Co-head of Market Development, remains as a director of both SEHK and HKFE.
The reason given by the HKEX for the change was ‘rationalising the operating process’.
Mr. Lee’s appointment is subject to the approval of the Hong Kong Securities and Futures Commission (SFC). A further announcement will be issued upon obtaining such SFC approval.
Mr. Lee, age 57, joined SEHK in 1997 and has been HKEX’s Head of Markets since January 2016. As the Head of Markets, Mr. Lee is responsible for the cash and derivatives trading, market data, and market surveillance and monitoring functions. Mr. Lee holds a Bachelor of Business Administration degree from The Chinese University of Hong Kong and a Master of Business Administration degree from The University of Hong Kong. He is also a fellow of CPA Australia.