About 30% Club Hong Kong
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 chairs 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 recognises 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 global financial centre with an abundant talent pool of highly qualified women, we believe Hong Kong is well positioned to become a leader in board diversity.
To support the achievement of a minimum of 30% Gender Balance at all senior decision-making tables across Hong Kong, including Boards and c-Suite.
Activate senior leaders
Engage chairs and CEOs to drive change and support organisations in their diversity & inclusion endeavours, with a specific focus on gender.
Influence those with power to drive change
Influence at a national level on diversity related topics and working complementary to other national initiatives including Balance for Better Business, the State Boards Diversity Initiative.
Enabling future women leaders
Support the development of talent pipeline through mentoring, executive education scholarships and board-ready initiatives
% of Women on Hang Seng Index (HSI) Boards:
|Company||Member name||Job Title||Chapter membership|
|Citi Hong Kong and Macau||Angel Ng||Chief Executive Officer||Hong Kong|
|Manulife||Anil Wadhwani||President and Chief Executive Officer||Hong Kong|
|KPMG||Andrew Weir||Global Head of Building, Construction and Real Estate Practices||Hong Kong|
|Alquity Investment||Alex Boggis||Sales Director||Hong Kong|
|Government of the Hong Kong SAR||Ada Chung||Registrar of Companies||Hong Kong|
|KerryGroup Limited||Beau Kuok||Deputy Chair and Managing Director||Hong Kong|
|Anthony Neoh, Chambers QC, SC||Anthony Neoh||Head of Chamber||Hong Kong|
|Competition Commission||Anna Wu||Chair||Hong Kong|
|ANZ||Farhan Faruqui||Group Executive, International||Hong Kong|
|Mayer Brown JSM||Elaine Lo||Partner and Head of China Practice||Hong Kong|
The 30% Club is run by a Steering Committee that is made up of senior men and women
who volunteer their time and skills
Chief Risk Officer
Freshfields Bruckhaus Deringer
Chief Executive Officer
Chief Operating Officer
Tim Payne, Brunswick Group
The ‘Chair/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.
Nasrine Ghozali, Oasis
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.
Angelina Kwan, Stratford Finance
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).
Fiona Nott, The Women’s Foundation
The External Advocacy group works closely with other groups to plan signature events of all kinds for the 30% Club Hong Kong, for Women to Watch, and for other stakeholder groups. Signature events include the annual 30% Boardroom Lunch, other symposiums and Chair/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. It also 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.
Fiona Nott, The Women's Foundation
The ‘Pipeline’ group identifies and curates lists of high potential board-ready female candidates in the Hong Kong community; this database numbers over 400 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.
Janet Ledger, Community Business
‘Research’ provides or arranges to have partner organisations 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.
30% Club HK and The Women’s Foundation release video to highlight the lack of gender diversity on Hong Kong Boards
The low number of women on company boards remains a pressing issue in Hong Kong. Along with the 30% Club HK, The Women’s Foundation have been long time advocates for more diverse corporate boards. Echoing Hong Kong Chief Executive Carrie Lam’s strong call on all listed companies to appoint more women on their boards in her annual policy speech last month, we have taken a fresh approach to address the issue – presenting a light-hearted video “Flipping the Script”, available in both Cantonese and English. With this video, we aim to emphasise the fact that women are underrepresented in Hong Kong boardrooms, highlighting the urgent need for greater public awareness around increasing gender diversity on boards.
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