Hong Kong Exchanges & Clearing Limited announced that as part of the succession planning of the company and its group of companies Mr. Gerald Greiner, Head of Global Clearing is appointed the Advisory Chairman for Group Clearing and Regulatory Affairs. In his new role, Mr. Greiner continues to report to the company's Chief Executive. Mr. Charles Li and serves as a senior mentor to the leadership of Global Clearing and Regulatory Affairs.

Mr. Trevor Spanner, the Chief Executive Officer of LME Clear Limited is appointed Head of Global Clearing (Europe) to be responsible for the group's clearing operations in the United Kingdom. Both Mr. Tai and Mr. Spanner report directly to the company's Chief Executive. Apart from acting as the Advisory Chairman for Group Clearing and Regulatory Affairs, Mr. Greiner is also appointed the Chief Compliance Officer.

In this new role, Mr. Greiner reports functionally to the Chief Regulatory Officer Mr. David Graham. Mr. Greiner, 57, was appointed the company's Head of Global Clearing in 2013.