Hong Kong’s Securities and Futures Commission (SFC) has announced the appointment of Julia Leung as its Chief Executive Officer for a three-year term, effective 1 January 2023.

She is currently the Deputy Chief Executive Officer since 2018 and an Executive Director of the Intermediaries Division of the SFC

Leung will be succeeding Ashley Alder who will take up a new appointment in the United Kingdom as Chair of the Financial Conduct Authority in January 2023.

Lui Tim Leung, Chairman at SFC said,

“I am certain Ms Leung’s dedication to the Commission will continue in her new role, and the SFC will benefit from her leadership in advancing its strategic goals and fulfilling the mandate of safeguarding investors, maintaining market integrity and quality as well as strengthening the competitiveness of Hong Kong’s financial markets.”

Leung said,

“I am delighted and honoured to be the next CEO of the SFC, and I look forward to working closely with colleagues and the board to build on the SFC’s success under the outstanding leadership of Ashley during his 11-year tenure at the SFC. As the SFC enters its third decade, the commission will redouble its effort to continue delivering as a world-class market regulator.”