2 years ago
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Hong Kong Exchanges and Clearing Limited (HKEX) has appointed Kerry Rooks as Chief People Officer, responsible for the Human Resources function across the group and leading a team of HR professionals in Hong Kong, Mainland China, and internationally.
Her HR leadership will ensure that the exchange operator continues to have the best talent and talent management programs, supporting the long-term development of HKEX.
Kerry Rooks joins as Chief People Officer at HKEX
Kerry Rooks joins HKEX from Prudential, Hong Kong, where she was Chief Human Resources Officer. Past HR roles include New York Life International – Asia, based out of Hong Kong; AIG in both New York and Hong Kong; and Prudential Life Insurance in Tokyo.
She was appointed Chief People Officer to succeed Paul Choi, Group Head of HR, who plans to pursue other career interests outside of HKEX and will remain with the group as an Advisor until 31 March 2022.
Rooks will also become a member of the Group’s Management Committee. As Chief People Officer, she will report to HKEX Chief Executive Officer, Nicolas Aguzin.
Nicolas Aguzin, Chief Executive Officer at HKEX, said: “I am very pleased to welcome Kerry to HKEX and to the Management Team. She brings with her a wealth of knowledge and experience, having led an HR team supporting 1,300 employees, working as part of a global HR team spanning 22 countries.
“During her career, Kerry has worked in New York, Tokyo and Hong Kong in some of the world’s biggest insurance groups, in a variety of HR roles, and I know that her deep and broad experience will be invaluable to us as we continue to develop our business”, he continued.
“On behalf of HKEX, I would like to thank Paul for his commitment and contributions as Group Head of HR. Over the last three years, he has supported the Board and management team in accelerating the transformation of the Group’s HR function, including the journey to upgrade the company’s leadership and diversity training programmes and to modernise the Group’s digital HR platforms. We wish him the very best in the next phase of his career.”
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HKEX is the bridge between China and the world
HKEX is Hong Kong’s only securities and derivatives exchange and sole operator of its clearing houses. The group operates a range of equity, commodity, fixed income and currency markets, and is the world’s leading IPO market.
The exchange operator owns the London Metal Exchange (LME) and LME Clear Limited and launched Qianhai Mercantile Exchange (QME), in China, in 2018 to further expand its commodity franchise.
HKEX launched the pioneering Shanghai-Hong Kong Stock Connect programme in 2014, further expanded with the launch of Shenzhen Connect in 2016, and the launch of Bond Connect in 2017.
In regard to the Stock Connect, HKEX has recently added ETFs as part of its commitment to continue expanding and enhancing the landmark mutual market access programme between the capital markets of Mainland China and Hong Kong.
HKEX and the exchanges in Mainland China are looking to open up their markets and provide investors with more options by broadening the existing Connect product ecosystem as well as supporting the continued development of both markets.
Adding eligible ETFs into Stock Connect will support the healthy development of ETFs in both the Hong Kong and Mainland China markets by expanding their investor base.
This comes as an opportunity for international market participants to gain exposure to Mainland China and its fast-growing emerging economy.
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