Hong Kong Exchanges and Clearing Limited (HKEX) has announced that it has appointed a chief technology officer (CTO). John Hsu has been appointed as MD and CTO. He will be in charge of the major exchange group, operating a range of equity, commodity, fixed income, and currency markets.

Hsu is to take over from Richard Leung, who is to become chief information officer with oversight of technology strategy and functions. Hsu joins HKEX from HSBC, where he was chief information officer, Asia Pacific.