Jun 01, 2019 (Euclid Infotech Ltd via COMTEX) -- Hong Kong Exchanges and Clearing Limited (HKEX) (Thursday) is pleased to announce the appointment of Marcus Wallenberg to the HKEX International Advisory Council. The Council was established in early 2019 to provide the HKEX Board with insight and expertise from around the world, on business, economics and finance, drawing on the extensive skills and experience of its members. The Council now comprises five members, and is chaired by HKEX Chairman, Laura M Cha.
HKEX Chairman Laura M Cha said, I am delighted Marcus is joining the HKEX International Advisory Council. His broad financial and commercial experience will complement the deep expertise we already have on the Council, and will be invaluable to us as we continue to focus on our vision to be the global markets leader in the Asian time zone.
The other Council members are: Stuart Gulliver, former Group Chief Executive and Chairman of the Group Management Board of HSBC Holdings plc; Mary Schapiro, Vice Chair for Global Public Policy and Special Advisor to the Founder and Chairman of Bloomberg LP, and former Chair of the US Securities and Exchange Commission; and Joseph Tsai, Executive Vice Chairman of Alibaba Group, who have been appointed as founding members of the Council. Mr Wallenberg, like other members of the Council, will be appointed for an initial term of three years, subject to renewal.