Hong Kong Exchanges and Clearing Limited (HKEx) announced today (Monday) that Eric Yip, Deputy Chief Operating Officer, has decided to tender his resignation to pursue an opportunity in investment management. To facilitate a smooth transition, Mr Yip will leave HKEx at the end of March 2011.
Mr Yip has been with HKEx for more than seven years and has made a valuable contribution by spearheading a number of initiatives including the implementation of five-digit stock codes, the automation of stamp duty collection, preparation for renminbi trading and clearing and development of the structured product and Exchange Traded Fund markets.
HKEx thanks Mr Yip for his valuable contributions during his seven years of service and wishes him continued success and all the best in his future endeavours.
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