The Financial Secretary has appointed Benjamin Hung to succeed He Guangbei as a Hong Kong Exchanges & Clearing Risk Management Committee member for two years from January 20.

Mr Hung is the designated Hong Kong Interbank Clearing Limited chairman, succeeding Mr He's chairmanship which will expire on January 19.

The committee is chaired by HKEx chairman Ronald Arculli, with serving members Benjamin Hung, Prof Chan Ka-lok, Marvin Cheung, Fong Hup, Dr Bill Kwok, Edmond Lau and Keith Lui.