HKEX Builds Commodities Team with New Appointment

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Wednesday) the appointment of Frank Zhang as Managing Director, Head of Commodities.

In this new role, Mr Zhang will lead the strategic development of HKEX's commodities franchise in the region, with responsibility for driving product development, broadening participation, and strengthening HKEX's leadership in the Chinese Mainland and Asia Pacific commodities markets.

In addition, Mr Zhang will oversee the strategic direction of Qianhai Mercantile Exchange (QME), a subsidiary of HKEX, to capture growth in China's commodity markets.

He will report to Gregory Yu, HKEX Head of Markets, and work closely with teams at the London Metal Exchange (LME), a wholly-owned subsidiary of HKEX.

HKEX Head of Markets, Gregory Yu, said: "We are delighted to welcome Frank to HKEX as we build a cohesive, long-term strategy for our regional commodities business, supporting the continued enhancement of the Group's multi-asset class ecosystem. With over two decades of experience in the commodities industry, Frank will be a key member of our Markets leadership team, and I look forward to working closely with him as we elevate HKEX's commodities franchise in the region."

Mr Zhang was most recently General Manager at Zijin (Singapore) International Mining, the Singapore unit of the world's third-largest mining group. He helped establish the Singapore operation in 2022 and has taken part in transactions in ferrous and non-ferrous metals and energy markets.

Previously, he was Chief Operating Officer at Maritime e-commerce platform Marine Online, and Director at Hemera International, where he oversaw investment banking and consulting projects in agriculture, metals and energy.

Mr Zhang, who is relocating to Hong Kong from Singapore, holds a master's degree in business administration from Southern Methodist University (SMU) Cox School of Business in Texas, USA, and a bachelor's degree in science (marketing and international studies), also from SMU.

About HKEX

Hong Kong Exchanges and Clearing Limited (HKEX) is a publicly-traded company (HKEX Stock Code: 388) and one of the world's leading global exchange groups, offering a range of equity, derivative, commodity, fixed income and other financial markets, products and services, including the London Metal Exchange.

As a superconnector and gateway between East and West, HKEX facilitates the two-way flow of capital, ideas and dialogue between China and the rest of the world, through its pioneering Connect schemes, increasingly diversified product ecosystem and its deep, liquid and international markets.

HKEX is a purpose-led organisation which, across its business and through the work of HKEX Foundation, seeks to connect, promote and progress its markets and the communities it supports for the prosperity of all.

www.hkexgroup.com

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