HKEX Names Senior Leaders for Operations and Connect Division

Hong Kong Exchanges and Clearing Limited (HKEX) has made two strategic senior appointments aimed at strengthening market operations and cross-border connectivity.

Phillip Wu will join HKEX as Managing Director, Head of Trading Operations, on 20 October 2025. He will oversee trading operations across both cash and derivatives markets, reporting to Xu Liang, Head of Operations. Vanessa Lau, HKEX's Chief Operating Officer, commented, "We are delighted to welcome Phillip Wu to the HKEX family. Phillip is a seasoned senior operations executive who has successfully showcased his adaptability and strategic vision in the ever-evolving financial landscape."

Wu brings extensive experience from his prior roles, including Managing Director and Group Chief Control Officer at HSBC Global Operations. He also spent 16 years at J.P. Morgan, where he rose to Managing Director. Wu holds a Master of Economics from the University of Hong Kong and a Bachelor of Arts in Economics and Commerce from the University of British Columbia.

HKEX also appointed Sally Kwok as Managing Director, Head of Connect, effective 1 January 2026. In her new role, Kwok will lead a consolidated Connect team within the Markets Division, combining cross-border initiatives across asset classes. Gregory Yu, Head of Markets, noted, "Connect is one of the Group's most important and successful franchises, and Sally's vision and expertise will be vital to its next chapter of growth."

Kwok has more than 17 years of experience at HKEX and currently serves as Co-Head of Trading. She holds a Master of Engineering and Computer Science from the University of Oxford. These appointments underscore HKEX's focus on operational excellence and strategic development, particularly as the exchange seeks to enhance market connectivity and efficiency for both local and international participants.