HKEX announced that it has rehired Yang Qiumei as Managing Director and Advisor to the CEO.
According to a press release shared with Finance Magnates, Yang Qiumei, who was previously the CEO of Asia Pacific for ICI Global, has been chosen by HKEX, an international exchange group that operates a range of equity, commodity, fixed income and currency markets, to rejoin the company as its new Managing Director and Advisor to the CEO.
Qiumei will report directly to Nicolas Aguzin, the CEO of HKEX. She plans to work next to HKEX’s Mainland Development and Client Development Teams in order to give assistance to executives on different initiatives in Mainland China. Additionally, she will manage its Mainland China subsidiaries as well as provide support to activities from the CEO’s office.
Qiumei’s Career History
Currently, Qiumei is a member of the Hang Seng Index Advisory Committee.
Before the announcement, Qiumei served as the CEO for the Asia Pacific region at ICI Global from 2013 to 2018.
Earlier on, HKEX previously recruited her as Head of Mainland Development and Deputy Head of Market Development. She completed the requirements of the role over two years.
In 2010, she became the Deputy Director-General for the China Securities Regulatory Commission’s (CSRC) Department of Investment Fund Supervision. Her work with the CSRC began in 2000 when she was responsible for its Planning Commission as the Deputy Director-General in the Department of International Affairs.
Qiumei also spent time as a consultant at the Organisation for Economic Cooperation and Development in Paris. Moreover, she was an adjunct professor in the Department of Economics at George Washington University in the US.
Reflecting on the announcement, Aguzin mentioned: “I am delighted to welcome Qiumei back to the HKEX family. She has deep and extensive experience as an economist, securities regulator, funds industry leader and previously, as head of Mainland Development here at HKEX. I am confident that she will play a crucial role in supporting the Group’s efforts to capture future growth opportunities, helping us as we further build on our strategy to connect China and the world.”