Hong Kong Exchanges and Clearing Limited (“HKEx”) announces that Mr Martin Abbott (“Mr Abbott”) has tendered his resignation from the HKEx group in order to pursue other opportunities. Mr Abbott is currently the Co-head of Global Markets of HKEx as well as the Chief Executive of The London Metal Exchange (“LME”), an indirect wholly owned subsidiary of HKEx. Mr Abbott will remain in his current positions and will continue to be actively engaged in the business until the end of this year.
Mr Abbott is also a member of the board of LME and certain subsidiaries of HKEx. He confirms that he has no disagreement with HKEx and the board of any of the relevant group companies, and that he is not aware of any matters relating to his resignation that need to be brought to the attention of HKEx’s shareholders.
HKEx takes this opportunity to express its gratitude to Mr Abbott for his many contributions, including his role in the LME’s integration into the HKEx group, and wishes him well in his future endeavours.
LME’s Board will make an announcement on Mr Abbott’s successor in due course.