Li Xiaojia officially stepped down as the Chief Executive Officer of the Hong Kong Stock Exchange Group (hereinafter referred to as the “Hong Kong Stock Exchange”).

On the evening of January 3, the Hong Kong Stock Exchange (0388.HK) announced The announcement stated that Dai Zhijian succeeded Li Xiaojia and will serve as the Chief Executive Officer of the Hong Kong Stock Exchange Acting Group from January 1, 2021. Hong Kong Stock Exchange official website map

The official website of the Hong Kong Stock Exchange

announced that Li Xiaojia has already On the 31st, he retired from the post of Chief Executive Officer of the Hong Kong Stock Exchange Group and terminated his position as a member of the board of directors of the Hong Kong Stock Exchange. Li Xiaojia has confirmed that he has no disagreement with the board of directors.

HKEX The board of directors thanked Li Xiaojia for his outstanding contributions and outstanding leadership in the past 11 years. During his tenure as the 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. January 1, 2021 Starting today, Li Xiaojia has been appointed as a senior advisor to the board of directors for a period of 6 months.

In addition, the Hong Kong Stock Exchange appointed Dai Zhijian as the acting group chief executive officer, January 2021 Since 1st, Dai Zhijian has been appointed as the Chief Executive Officer and a member of the Board of Directors of the Hong Kong Stock Exchange Acting Group, and will continue to serve as the Co-President and Chief Operating Officer of the Hong Kong Stock Exchange.

At the same time, as the acting group chief executive officer, Dai Zhijian holds the following positions: member of the Standing Committee and Corporate Social Responsibility Committee of the Board of Directors of the Hong Kong Stock Exchange, member of the Listing Policy Group of the Main Board and GEM Listing Committee of The Stock Exchange of Hong Kong Limited (Stock Exchange), The term of office of the board of directors and its committees will be the same as the term of office of the acting group chief executive of the Hong Kong Stock Exchange.

The announcement introduced that Dai Zhijian joined the Hong Kong Stock Exchange Group in July 1998. He is 58 years old. He used to be the head of settlement of the Hong Kong Stock Exchange, the chief operating officer of the joint group, the head of global settlement (Asia) business, and the co-head of equity securities and fixed income products and currency business.

< /div>The announcement further shows that according to the appointment letter signed with the Hong Kong Stock Exchange, Dai Zhijian has been appointed as the acting group chief executive of the Hong Kong Stock Exchange from January 1, 2021 until the appointment of the new group chief executive of the Hong Kong Stock Exchange. According to The terms of its appointment letter, Dai Zhijian’sThe remuneration package includes a basic annual salary of HK$7 million. He is also eligible to receive discretionary performance bonuses and share awards recommended by the remuneration committee and approved by the board of directors. In addition, as a full-time employee, Dai Zhijian can also receive other benefits in kind and participate in the provident fund of the Hong Kong Stock Exchange.

The announcement stated that on the date of this announcement, Dai Zhijian stated that he holds 110,502 shares of the Hong Kong Stock Exchange and a total of 38002 shares not yet granted under the employee share award plan Interests in shares of the Hong Kong Stock Exchange (as defined in Part XV of the Securities and Futures Ordinance). Dai Zhijian declares that he has no relationship with any director, senior management, major shareholder or controlling shareholder of the Hong Kong Stock Exchange.

On January 1, 2021, as of the date of this announcement, the board of directors of the Hong Kong Stock Exchange includes 12 independent non-executive directors, namely Shi Meilun, Abbott and Chen Zizheng , Xie Qinghai, Zhou Hu Mufang, Feng Wanmei, Si Bolun, Hu Zuliu, Hong Pizheng, Liang Bohan, Zhuang Weilin and Yao Jianhua, and an executive director Dai Zhijian who is also the chief executive of the Hong Kong Stock Exchange’s agency group.