Mr Yue's one-year appointment will take effect on 1 July 2004. He is succeeding James Lau.
Mr Yue, who is currently Executive Director (Corporate Services) of the Hong Kong Monetary Authority (HKMA), will become Executive Director (Monetary Management and Infrastructure) of the HKMA with effect from 1 July 2004.
HKEx wishes to express its sincere gratitude to Mr Lau for his contribution to the Risk Management Committee.