Octopus names new chief executive

Payment card provider Octopus Holdings Limited has appointed Angus Lee Chun-ming as the chief executive of the Octopus group, effective September 1.

Lee, chief growth officer of OHL, will succeed Sunny Cheung Yiu-tong, who is retiring on August 31 after serving for almost nine years.

Lee was the general manager of MTR Railway Operations (Macau) Company and had held several senior management positions at MTR Corporation (0066).

Meanwhile, Hong Kong Exchanges and Clearing (0388) appointed Brian Lee Wai-man as managing director and group head of technology risk. Lee joins HKEX after serving 25 years at the Hong Kong Monetary Authority, where he held a number of senior roles in Hong Kong and New York, including division head of operational and technology risk.