Hong Kong Finance ‘Czar’ Yam Is Frontrunner as Next HKEX Chair
- Yam is said to be leading candidate to succeed Laura Cha
- Yam known for his advocacy of yuan, criticism of crypto
The Hong Kong Stock Exchange.
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Hong Kong Monetary Authority’s founding chief executive, Joseph Yam, has emerged as the leading candidate to become the next chairman of city’s stock exchange, according to people familiar with the matter.
The former central banker is poised to succeed Laura Cha as chairman of Hong Kong Exchanges & Clearing Ltd. when her term ends in April, according to the people, who asked not to be identified because the discussion are internal. At 74, Yam is one year older than Cha, who was the first woman to lead the Hong Kong exchange. The decision on the next chairperson isn’t final yet.