China News Service, Hong Kong, September 29. The Hong Kong Stock Exchange announced on the 29th that Chief Executive Li Xiaojia will step down early on December 31 this year and will be transferred to the board of directors of the Hong Kong Stock Exchange for six months to continue to provide guidance and ensure the transition. The arrangement went smoothly.
Li Xiaojia informed the board of directors of the Hong Kong Stock Exchange that he hoped to retire from the post of chief executive officer of the Hong Kong Stock Exchange early.
With the full support and consent of the board of directors, Li Xiaojia will continue to serve as chief executive officer and ex officio member of the board of directors of the Hong Kong Stock Exchange until December 31 this year.
Starting from January 1 next year, Li Xiaojia will be transferred to the board of directors' senior adviser for a period of 6 months to continue to provide guidance and ensure the smooth progress of transition arrangements.
The Hong Kong Stock Exchange stated that the board of directors thanked Li Xiaojia for his outstanding contributions and outstanding leadership over the past 11 years.
During his tenure as Group Chief Executive Officer, the Hong Kong Stock Exchange successfully transformed from a regional exchange into one of the world's leading financial infrastructure groups.
"With the current steady business development and strength of the group, I think it's time to make a success." Li Xiaojia said that serving as the Group Chief Executive of the Hong Kong Stock Exchange is the most proud and most memorable page of his career.
The Hong Kong Stock Exchange appointed Dai Zhijian, co-president and chief operating officer, as the acting group chief executive and ex officio member of the board of directors from January 1 next year.
The appointment has been approved in writing by the Securities and Futures Commission of Hong Kong.
The Hong Kong Stock Exchange said that after Dai Zhijian became the acting group chief executive officer, he would continue to hold his current position at the same time.
The board of directors is confident that under the leadership of Dai Zhijian, the Hong Kong Stock Exchange will continue to successfully implement its business objectives, and the group's business operations will continue to benefit from stable supervision and execution.
The Hong Kong Stock Exchange reiterated that the selection committee headed by Chairman Shi Meilun has officially launched the process of identifying a new group chief executive. The relevant work is progressing well and will be announced in due course.
(Finish)