CLSA Premium appoints Ma Xufei as non-exec director

Hong Kong-focused Forex broker CLSA Premium Ltd (HKG:6877), formerly known as KVB Kunlun, announces that Mr. Ma Xufei has been appointed as the company’s independent non-executive Director, the chairman of the Company’s remuneration committee and the member of each of the Company’s audit committee, corporate governance committee and nomination committee with effect from 1 April 2023.

Mr. Ma is currently an associate dean (innovation and impact) and tenured full professor at the Department of Management, The Chinese University of Hong Kong (CUHK). He was the Terry Gou Chair Professor and a tenured full professor of the School of Economics and Management and Shenzhen International Graduate School at Tsinghua University. He was also a Cheung Kong Chair Professor granted by the Ministry of Education, China.

He received a bachelor’s degree from Xi’an Jiaotong University (China), an MBA from the University of Saskatchewan (Canada), and a Ph.D. from the National University of Singapore.

Mr. Ma had worked for a leading central-level Chinese business group in Beijing and Shanghai. He has served as an independent director for Western Trust Co., Ltd., Tubatu Group Co., Ltd and as independent non-executive director for Beijing Urban Construction Design & Development Group Co., Limited.

He’s the co-secretary-general and co-chairman (2024) of Chinese Management Model C50+ Forum, and the co-founder and co-chairman of Greater Bay Area Senior Management Scholars College. Mr. Ma obtained the “Certificate of Independent Director of Listed Companies” from Shenzhen Stock Exchange in August 2020.

Mr. Christopher Wesley Satterfield has tendered his resignation as CLSA Premium’s independent non-executive Director, the chairman of the company’s remuneration committee and the member of each of the company’s audit committee, corporate governance committee and nomination committee, due to other business engagements which require more of his dedication, with effect from 31 March 2023.