Hong Kong Exchanges and Clearing Limited (HKEx) has appointed Yang Qiumei as Senior Vice President, Deputy Head of Market Development and Head of the Market Development Division’s Mainland Development Department.  

Ms Yang will join HKEx on 18 October 2010.  She will be a member of the Senior Management Committee and will report to Romnesh Lamba, HKEx's Head of Market Development.

Ms Yang has strong credentials and extensive experience in securities market regulation on the Mainland.  Her most recent position was Deputy Director-General in the Department of Investment Fund Supervision at the China Securities Regulatory Commission (CSRC), where she was in charge of supervising fund management companies and matters related to Qualified Foreign Institutional Investors and Qualified Domestic Institutional Investors.  Ms Yang joined the CSRC in August 2000 and has served on its Planning Commission and as Deputy Director-General in the Department of International Affairs, where she was actively involved in the CSRC's signing of the International Organisation of Securities Commissions' Multilateral Memorandum of Understanding.  

Before joining the CSRC, Ms Yang was a consultant at the Organisation for Economic Cooperation and Development in Paris and an Adjunct Professor in the Department of Economics at George Washington University in the US.  Ms Yang had different research and teaching posts early in her career, including positions at Peking University, the University of Illinois in the US and Latvian University of Agriculture in Eastern Europe.  

Ms Yang holds Bachelor of Arts and Master of Science degrees in International Economics from Peking University, and Master of Science and Doctor of Philosophy degrees in Economics from the University of Illinois in the US. 

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