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Ms Leung, currently the Deputy Chief Executive Officer and an Executive Director of the Intermediaries Division of the SFC, will succeed Mr Ashley Alder following his departure from the SFC.

The SFC's Chairman Mr Tim Lui said: "Ms Leung is well respected by her peers, colleagues and stakeholders alike for her vision and insights, regulatory knowledge and professionalism, and has proven track records in managing highly-complex regulatory issues and pioneering regulatory initiatives."

"I am certain Ms Leung's dedication to the Commission will continue in her new role, and the SFC will benefit from her leadership in advancing its strategic goals and fulfilling the mandate of safeguarding investors, maintaining market integrity and quality as well as strengthening the competitiveness of Hong Kong's financial markets. On behalf of the board, we look forward to working closely with her in the next three years," Mr Lui added.

In accepting the new post, Ms Leung said: "I am delighted and honoured to be the next CEO of the SFC, and I look forward to working closely with colleagues and the board to build on the SFC's success under the outstanding leadership of Ashley during his 11-year tenure at the SFC."

"As the SFC enters its third decade, the Commission will redouble its effort to continue delivering as a world-class market regulator. To this end, the SFC will strive to ensure that Hong Kong's regulatory framework and market infrastructure are fit for purpose so that Hong Kong would thrive as the most important international financial hub with ever-increasing connectivity with markets on the Mainland and the rest of the world."