Hong Kong Exchanges and Clearing (0388) has appointed Graeme Farrell as chief risk officer, effective January 2026.
He will succeed Richard Wise, who is leaving the company to spend more time with his family, according to a statement on Thursday.
In his role, Farrell will have responsibility for the group's risk management functions, including group credit and quantitative analysis, group cyber and technology risk management, and enterprise risk management, the bourse operator said.
Farrell has more than 25 years of risk management experience, including senior roles in London, Hong Kong and New York.
Prior to joining HKEX, Farrell was group chief risk officer at Interactive Brokers. Before that, he was head of operational risk & resiliency at AQR Capital, and held a number of senior roles at JPMorgan Chase, most recently as global head of operational risk management framework, the statement said.
He was previously based in Hong Kong with Nomura, as chief operating officer, Asia ex-Japan Equities Trading, among other risk-related positions.
HKEX chief executive Bonnie Chan Yi-ting welcomed Graeme to the HKEX family, saying that “his deep global experience across a wide range of risk management disciplines will be immensely valuable” as the group further enhances its risk-related functions and continues to bolster the vibrancy and liquidity of its markets.”