Summary by Moomoo AI
The HKEX has announced a series of senior management changes, including the early departure of the current Group Chief Executive Officer, Mr. Yuanshing, on 29 February 2024. Mr. Champ Sing said that leaving the job early is beneficial for HKEX due to the smooth progress of the handover. The Board of Directors expressed gratitude to his leadership in the face of the pandemic and market challenges in his tenure. Ms. Yi-Ting Chen will take over as Group Chief Executive Officer for a term of three years from 1 March 2024. In addition, Mr. Yao Ka Yan was appointed Group Vice President and continued as Co-Chief Operating Officer, while Ms. Liu Bian was also appointed as Co-Chief Operating Officer. All appointments have been approved by the Board of Supervisors and will take effect on 1 March 2024. The HKEX will make an official announcement as required when the change takes effect.