Overseeing the body’s operations in the region will be Qiumei Yang who has been appointed head of Asia Pacific. Yang joins ICI from the Hong Kong Stock Exchange where she had been head of mainland development. In a statement, ICI said Yang had played a “critical role” in the exchange’s business development and assisted in HKEx’s acquisition of the London Metal Exchange.
Yang also spent 10 years working at the China Securities Regulatory Commission.
“Transnational regulatory efforts affecting funds have become the norm: it is crucial the dialogue shaping such regulations fully include voices from the dynamic, diverse markets within the Asia-Pacific Region,” said ICI Global managing director Dan Waters.
“Qiumei is ideally positioned to organise and raise this voice with relevant authorities. She is an accomplished expert in both policy and market development, with a global career spanning three continents.”
ICI Global, which has its headquarters in London, said the Hong Kong office will begin operating on 1 May.