Former SocGen CFO appointed head of OTC clearing at HKEx

Jacky Mak appointed to head up HKEx OTC clearing subsidiary.

Jacky Mak - a former chief financial officer of Soc Gen in Hong Kong and Taiwan - has been appointed head of OTC clearing at the Hong Kong Stock Exchange (HKEx).

Mak’s role will be to lead and develop the operations of the OTC Clearing business - a subsidiary of HKEx – effective as of 25 July this year.

Prior to joining HKEx, Mak was a director of Bank of America Merrill Lynch’s global markets division.

Former head of OTC Clearing, Kelvin Lee, has departed due to retirement after 25 years with the exchange.

Mak’s financial services experience spans 20 years, and he previously held the position of chief financial officer at Soc Gen’s Hong Kong and Taiwan investment banking unit.

He was also director of OTC product development of HSBC’s global banking and markets group in Hong Kong.