Hong Kong


Hong Kong Pushes for Gender Diversity in the Boardroom;
30% Club HK Announces “No Zeros by 2018” and “20% by 2020” as Interim Goals

 
  HONG KONG, October 14, 2016 – The 30% Club HK today launched a campaign to bring the number of all-male Hang Seng Index company boards in Hong Kong to zero by 2018 and to increase the percentage of women directors on HSI company boards to 20% by 2020, working toward a long-term goal of 30%.  The campaign was launched at today’s fourth annual 30% Club HK Boardroom Lunch at the Asia Society. 

Please contact: jo.hayes@twfhk.org for a copy of the full Press Release


The 30% Club Hong Kong launched in March 2013 and is working to bring more women onto Hong Kong corporate boards by:

  • raising awareness among chairmen and business leaders of the benefits of gender diversity,
  • inspiring debate and discussion
  • supporting initiatives to build the pipeline of women in executive and non-executive roles.


The 30% Club Hong Kong believes that gender diversity is good for the overall effectiveness of the boardroom – and therefore is good for business. Besides benefiting companies, greater board diversity will also benefit Hong Kong. As a major financial centre with an abundant talent pool of highly qualified men and women, we believe Hong Kong is well positioned to become a leader in board diversity.

@30percentclubhk


Members


  • Regulatory 

    Members image

    Ada Chung

    Registrar of Companies

    Government of the Hong Kong SAR

  • Professional Services 

    Members image

    Howard Bilton

    Chairman

    The Sovereign Group

  • Professional Services 

    Peter Brien

    Senior Partner

    Slaughter and May

  • Regulatory 

    Members image

    Laura Cha

    Chairperson

    Financial Services Development Council

  • Conglomerates 

    Members image

    Victor Cha

    Deputy Chairman

    HKR International Limited

  • HSI-Property 

    Members image

    Ronnie C. Chan

    Chairman

    Hang Lung Group Limited and Hang Lung Properties Limited

  • Professional Services 

    Members image

    Jeanette Chan

    Partner

    Paul, Weiss, Rifkind, Wharton & Garrison

  • Financial 

    Members image

    Sanjeev Chatrath

    Managing Director and Region Head

    Asia, Financial & Risk, Thomson Reuters

  • Utilities 

    Members image

    Timothy Chen

    President and Group Managing Director

    Telstra International Group

  • HSI-Property 

    Members image

    Henry Cheng

    Chairman

    New World Development and Chow Tai Fook Jewellery Group Limited

  • Regulatory 

    Members image

    Susanna Chiu

    President

    Hong Kong Institute of Certified Public Accountants

  • HSI-Financial 

    Members image

    Raymond Chi’en

    Chairman

    Hang Seng Bank Limited and MTR Corporation Limited

  • Conglomerates 

    Yei Ching Chow

    Chairman

    Chevalier Group

  • Professional Services 

    Justin D'Agostino

    Global Head, Dispute Resolution Practice

    Herbert Smith Freehills

  • Financial 

    Members image

    Lord Mervyn Davies of Abersoch

    Non-Executive Chairman

    Pinebridge Investments Ltd

  • Financial 

    Andrew Erickson

    Executive Vice President, Global Services, IMS and AIS, Asia Pacific

    State Stree

  • HSI-Financial 

    Members image

    Douglas Flint

    Group Chairman

    HSBC Holdings plc

  • Professional Services 

    Members image

    Tim Freshwater

    Senior Advisor, Hong Kong

    Brunswick Group

  • Financial 

    Members image

    Roy Gori

    President & Chief Executive Officer

    Manulife Financial Asia Limited

  • Professional Services 

    Members image

    Jonathan Gove

    Chairman

    Marsh & McLennan Companies - Hong Kong

  • HSI-Financial 

    Stuart Gulliver

    Group Chief Executive

    HSBC Holdings plc

  • Professional Services 

    Marc Harvey

    Asia Managing Partner

    Linklaters

  • Industrials 

    Mark Hellmann

    President & CEO - Asia

    Hellmann Worldwide Logistics Ltd

  • Professional Services 

    Members image

    Denise Jong

    Executive Committee Member for Asia and Partner

    Reed Smith

  • Professional Services 

    Members image

    Teresa Ko

    China Chairman

    Freshfields Bruckhaus Deringer

  • Consumables 

    Members image

    Simon Kwok

    Chairman and CEO

    Sa Sa International Holdings Limited

  • Financial 

    Members image

    Stephen Lackey

    Chairman of Asia Pacific

    BNY Mellon

  • Regulatory 

    Members image

    Stella Lau

    Chairperson

    Women’s Commission

  • Property 

    Members image

    Irene Lee

    Chairman

    Hysan Development Company Limited

  • Financial 

    Members image

    Warren Lee

    Chairman

    SHK Hong Kong Industries Limited

  • HSI-Property 

    Martin Ka Shing Lee

    Vice Chairman

    Henderson Land Development Company Limited

  • Utilities 

    Members image

    Richard Li

    Chairman and Chief Executive

    Pacific Century Group

  • Professional Services 

    Members image

    Elaine Lo

    Asia Chair and Senior Partner

    Mayer Brown JSM

  • Property 

    Members image

    KS Lo

    Chairman and Managing Director

    Great Eagle Holdings Limited

  • Financial 

    Members image

    John McFarlane

    Chairman

    Aviva plc

  • Regulatory 

    Members image

    Anthony Neoh

    Chief Adviser

    China Securities Regulatory Commission

  • Professional Services 

    Simon Page

    Managing Partner

    Egon Zehnder

  • Professional Services 

    Members image

    Tim Payne

    Senior Partner, Head of Asia

    Brunswick Group

  • Financial 

    Members image

    Gilles Planté

    CEO Asia Pacific ANZ

    Chairman ANZ China

  • Professional Services 

    Members image

    Keith Pogson

    Asia Pacific Financial Services Leader

    Ernst & Young

  • Utilities 

    Members image

    John Rice

    Vice-Chairman

    GE

  • Professional Services 

    Martin Rogers

    Partner

    Davis Polk

  • Financial 

    Members image

    David C. Ryan

    President

    Goldman Sachs Asia Pacific Ex-Japan

  • Professional Services 

    Patrick Sherrington

    Regional Manager Partner, Asia & Middle East

    Hogan Lovells

  • HSI- Conglomerates 

    Edith Shih

    President

    The Hong Kong Institute of Chartered Secretaries

  • Conglomerates 

    John Slosar

    Chairman

    Swire Pacific Limited

  • Financial 

    Members image

    Maaike Steinebach

    Chief Executive Hong Kong

    Commonwealth Bank of Australia

  • Professional Services 

    Members image

    Kristi Swartz

    Managing Partner

    Bryan Cave LLP

  • Utilities 

    Members image

    Kevin Taylor

    President, Asia Middle East and Africa

    British Telecommunications plc

  • Regulatory 

    Members image

    Carlson Tong

    Chairman

    Securities & Futures Commission

  • Utilities 

    Jean-Pascal Tricoire

    Chairman and CEO

    Schneider Electric

  • Financial 

    Katherine Tsang

    Chairperson

    Standard Chartered Bank Hong Kong Ltd

  • HSI-Financial 

    Members image

    Mark Tucker

    Group Chief Executive and President

    AIA Group

  • HSI-Conglomerates 

    Victor Li

    Managing Director and Deputy Chairman

    Cheung Kong (Holdings) Limited

  • Financial 

    Members image

    Ben Way

    CEO

    Macquarie Group Asia

  • Professional Services 

    Members image

    Andrew Weir

    Global Chair of Building, Construction and Real Estate

    KPMG

  • Industrials 

    Members image

    Kelvin Wong

    Chairman

    The Hong Kong Institute of Directors

  • Industrials 

    Maureen Wong

    Senior Representative of Hong Kong

    BP Asia Ltd

  • Financial 

    Members image

    Ken Hitchner

    President, Asia Pacific ex Japan

    Goldman Sachs

  • Professional Services 

    Catherine Zhu

    Managing Partner

    EgonZehnder Hong Kong

  • Conglomerates 

    Beau Kuok

    Deputy Chairman and Managing Director

    Kerry Group Limited

  • Financial 

    Farhan Faruqui

    Chairman

    ANZ Hong Kong

  • Financial 

    May Tan

    CEO

    Standard Chartered Bank (Hong Kong) Limited

  • Regulatory 

    Anna Wu

    Chairperson

    Competition Commission

  • Industrials 

    Tim Smith

    Chief Executive, North Asia Region

    Maersk Line

  • Financial 

    Alex Boggis

    Managing Director

    Aberdeen Asset Management

Steering Committee

The 30% Club is run by a Steering Committee that is made up of senior men and women who volunteer their time and skills.

  •  

    Pru Bennett

    BlackRock

  •  

    Ingrid Child

    HSBC

  •  

    Emma Davine

    ANZ Bank

  •  

    David Eldon

    HSBC

  •  

    committee's image

    Tim Freshwater

    Brunswick Group

  •  

    Susan Ho

    Brunswick Group

  •  

    Teresa Ko

    Freshfields Bruckhaus Deringer

  •  

    Angelina Kwan

    Hong Kong Exchanges and Clearing

  •  

    Mary McHale

  •  

    Fern Ngai

    Community Business

  •  

    Fiona Nott

    Aesop Hong Kong

  •  

    committee's image

    Tim Payne

    Brunswick Group

  •  

    Keith Pogson

    Ernst & Young

  •  

    Caroline Raggett

    Russell Reynolds Associates

  •  

    Elspeth Renshaw

    Heads! International

  •  

    Susan Sayers

    HSBC

  •  

    Su-Mei Thompson

    The Women's Foundation

  •  

    Brenda Trenowden

    30% Club

  •  

    Leonie Valentine

    Google Hong Kong

  •  

    Lihong Wang

    Bain Capital

  •  

    committee's image

    Ginny Wilmerding

    Brunswick Group

  •  

    Tong Zhao

    Brunswick Group

  •  

    Catherine Zhu

    EgonZehnder Hong Kong

Working groups

  • Chairman/Member

    Main aims

    The ‘Chairman/Member’ group aims to recruit new 30% Club members and champions from among Hong Kong-listed company Chairmen, Vice Chairmen and CEOs, by identifying and engaging with those who support gender diversity on boards.  The group works closely with Hong Kong family-controlled companies as well as private and SOE Chinese corporates.  

    contact

    David Eldon, former HSBC & Tim Payne, Brunswick Group

  • Events

    Main aims

    The ‘Events’ group plans signature events of all kinds for the 30% Club Hong Kong, for Chairmen, for Women to Watch, and for other stakeholder groups.  Signature events include the annual 30% Boardroom Lunch, other symposiums and Chairman/CEO level intimate gatherings. The group identifies and invites appropriate participants, sponsors and speakers to the events with a view toward raising the profile of the 30% Club HK’s goals and campaigns in the business community. 

    contact

    Su-Mei Thompson

    The Women’s Foundation

  • Investors

    Main aims

    The ‘Investors’ group aims to raise awareness of the importance of board diversity among institutional investors in Asia and to encourage them to advocate for better diversity on the boards of companies in which they hold positions.  Institutional investors, particularly their corporate governance specialists, are in a unique position to lobby for change and advance the clear business case for better gender diversity on boards.

    contact

    Pru Bennett

    BlackRock

  • Pipeline

    Main aims

    The ‘Pipeline’ group identifies and curates lists of high potential board-ready female candidates in the Hong Kong community; this database numbers over 300 women already. This group, driven by The Women’s Foundation and other key supporters, holds events that make these women feel part of a strong community and encourages 30% Club HK member firms to emphasize the importance of the executive pipeline, allowing women to rise through senior management and into board roles.

    contact

    Su-Mei Thompson

    The Women's Foundation

  • Publicity

    Main aims

    The ‘Publicity’ group advises and executes on meaningful campaigns to communicate the 30% Club HK’s philosophy and goals, establish the case for board diversity in Hong Kong, celebrate success and progress, and raise the awareness of how Hong Kong is performing relative to other global financial centres.    

    contact

    Ginny Wilmerding

    Brunswick Group

  • Regulatory

    Main aims

    The ‘Regulatory’ group focuses on informal engagement and discussion with Hong Kong’s various regulatory bodies including HKEx and its Listing Committee as well as the Securities and Futures Commission (SFC) to explore the best and most appropriate regulatory interventions and consultations to achieve the proportion of women on boards in Hong Kong.  The working group will identify and (where appropriate) lobby for achievable, concrete, incremental progress relating to the oversight of issuers and relevant provisions in the corporate governance code (e.g. when there are public consultations).   

    contact

    Susan Sayers

    HSBC

  • Research

    Main aims

    ‘Research’ provides or arranges to have partner organizations provide baseline research on our 30% Club Hong Kong members and other relevant data that is either helpful to the Steering Group or for wider publicity purposes. The Research group will work closely with the Publicity group to identify newsworthy information and trends in the region.

    contact

    Fern Ngai

    Community Business

Events


Previous


  • JC Hall, The Asia Society Hong Kong Center

    TWF's flagship 30% Club Annual Boardroom Lunch, brings accomplished and aspiring women directors face to face with board and C-suite members from leading local and international companies and their advisors, for simulated boardroom discussions on key issues facing boards today. This flagship event aims to break down some of the closed circle networks which are often used to fill board appointments, and provide an opportunity for women to showcase their expertise and credentials for board positions in front of senior company representatives.

    Each participating company typically hosts a table at which four of their directors, senior executives and/or advisors are present. The remaining six seats are allocated to five accomplished and aspiring women directors and one facilitator. Over lunch, in a simulation of boardroom discussions, guests engage in a structured exchange of views on some of the key issues facing boards today, including risk management, executive compensation, succession planning and social media strategy.

    We are delighted with the line-up of corporate partners who are hosting tables this year. They include Alibaba, AIA, Citi, BlackRock, Deacons, Goldman Sachs, HSF, HKEX, Hogan Lovells, HSBC, Li & Fung, Macquarie, MTR, PCCW, Sino Group, Slaughter and May, Swire, and Thomson Reuters, alongside event sponsors Standard Chartered and KPMG. We look forward to connecting them with this year’s dynamic Women to Watch!

     

    Title Sponsors

  • JC Hall, The Asia Society Hong Kong Center

    Recognising that many boards still largely rely on their own networks to fill board openings, the lunch brought our extensive and growing pool of accomplished and aspiring women directors face to face with chairmen, board members and senior management from Hong Kong's leading companies and their key advisors. In a simulation of boardroom discussions, guests engaged over lunch in a structured exchange of views on some of the key issues facing boards today including succession planning, social media strategy and risk management. 


Contact


Su-Mei Thompson, CEO, The Women’s Foundation Su-Mei.Thompson@twfhk.org