Hong Kong’s Securities and Futures Commission (SFC) today announces that Ms Julia Leung will become Executive Director, Intermediaries Division, effective June 19, 2016.
Ms Leung, who is currently Executive Director, Investment Products, will succeed Mr James Shipton in the key role at the Intermediaries Division.
Before joining the SFC, Ms Leung was the Under Secretary for Financial Services and the Treasury. Prior to that, she worked with the Hong Kong Monetary Authority (HKMA) for 14 years, spending the last eight years as Executive Director responsible for financial cooperation with Mainland and other international regulators. She represented the HKMA at the Bank for International Settlement’s Committee on Global Financial Systems.
Ms Leung has extensive experience in financial market development, surveillance and international cooperation. She coordinated an initiative among Asian central banks that resulted in the launch of the Asian Bond Fund, helped introduce the renminbi business in Hong Kong, and facilitated the issuance of yuan-denominated sovereign bonds by the Chinese Ministry of Finance.
The SFC’s Chief Executive Officer Ashley Alder, commented:
“I am confident that Julia, who has already made a significant contribution to the work of the Commission since joining us last year, will lead the Intermediaries Division with the energy, commitment and the strategic awareness which has been a hallmark of her time overseeing the Investment Products Division”.
You can view the official announcement on the appointment by clicking here.