Hong Kong Exchanges Appoints Laura Cha as First Female Chairman

  • Cha is only woman to chair a Hang Seng Index member company
  • She’s also part of advisory body to the city’s government
Laura Cha.Photographer: Vivek Prakash/Bloomberg
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Hong Kong Exchanges & Clearing Ltd. named Laura Cha as its new chairman, the first time a woman has held the position in the company’s 18-year history.

Long seen as the favorite for the job, Cha was elected Thursday by HKEX’s board of directors and will succeed Chow Chung-kong, according to a statement. She will be the only woman to chair a Hang Seng Index member firm. The appointment is subject to the approval of the city’s Chief Executive Carrie Lam, the statement said.