Hong Kong Exchanges and Clearing Limited (HKEX, 00388) announced a board appointment in connection with its earlier release on 27 February 2026. The company confirmed that Mr Chan Kam Wing, Clement has been appointed to succeed Mrs Chow Woo Mo Fong, Susan as a member of the Board of Directors. According to the announcement, Mr Chan’s term will extend from the conclusion of the 2026 annual general meeting (to be held on 29 April 2026) until the conclusion of the annual general meeting in 2028.
Mr Chan, aged 67, holds various current roles, including membership on the board of governors of Nina Wang Charity Management Limited, non-executive directorship and advisory position at H Capital, and a senior advisory role at BDO Limited. His past positions include non-executive directorship at The Hong Kong Mortgage Corporation Limited (2019–2025), managing directorship of assurance at BDO Limited (2009–2024), and independent non-executive directorship at Zhuzhou CRRC Times Electric Co., Ltd. (2006–2023). He has also served in various public service capacities, including as chairman of the Consumer Council since 2022.
In terms of qualifications, Mr Chan holds a Master of Commerce from the University of New South Wales and a Bachelor of Arts from City University, London. He is a practicing fellow of the Hong Kong Institute of Certified Public Accountants and a fellow of The Institute of Chartered Accountants in England and Wales. He has confirmed that he meets the independence criteria under Rule 3.13 of the Listing Rules and has no financial or related interest in HKEX beyond his personal shareholding of 2,900 shares.
Under HKEX’s current framework, a non-executive director is entitled to an annual remuneration of HK$920,000. Members serving as committee chairs or members receive additional fees ranging from HK$170,000 to HK$300,000. The announcement also states that no other matters require disclosure under Rule 13.51(2) of the Listing Rules.
The appointment and Mr Chan’s confirmation of independence have been duly noted by HKEX, with no other issues identified for shareholders’ attention as of 8 March 2026. As announced, HKEX’s Board comprises 12 Independent Non-executive Directors and 1 Executive Director, who also serves as the Chief Executive of HKEX.
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