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Ronald Arculli has been reappointed Hong Kong Exchanges & Clearing Chairman. His chairmanship will expire at the end of the body's 2012 annual general meeting.
The reappointment is subject to the written approval of the Chief Executive.
Mr Arculli, 71, is also the HKEx Independent Non-executive Director. He has been the body's chairman since April 28, 2006.
He does not have any service contract with any member of HKEx group of companies. As the chairman, he is entitled to receive a fee of $500,000 for his service during the period between the conclusion of each annual general meeting and the conclusion of the annual general meeting to be held in the following year until shareholders otherwise determine.
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