Reappointment of Paul Chow as HKEx Chief Executive Approved
Corporate
14 Dec 2006
Hong Kong Exchanges and Clearing Limited (HKEx) today (Thursday) received the written approval of the Securities and Futures Commission (SFC) on the reappointment of Paul Chow as the Chief Executive of HKEx. As provided under the Securities and Futures Ordinance (SFO), Mr Chow is also an ex-officio member of the Board.
The Board resolved yesterday to renew Mr Chow’s employment contract as the Chief Executive of HKEx for a further two-year term from 1 May 2007 to 30 April 2009. Pursuant to Section 70 of the SFO, the reappointment of Mr Chow as the Chief Executive was subject to the written approval of the SFC.
Mr Chow was first appointed as the Chief Executive and a director of HKEx on 1 May 2003. His biographical details are available on the HKEx website (http://hkexcms2/eng/exchange/org/boardirect/pages/chow_man_yiu.aspx).