CLSA Premium parts its ways with exec director Wu Fei

Hong Kong-focused Forex broker CLSA Premium Ltd (HKG:6877), formerly known as KVB Kunlun, has announced that it is parting its ways with its executive director Wu Fei.

The resignation of Mr Wu is effective July 5, 2021. He has tendered his resignation as executive director and general manager of the Group due to work reallocation.

Chung Cheuk Fan Marco has been appointed as an executive director.

Mr Chung is currently the Head of Legal and Compliance of the Company and he has joined the CLSA Group as the Group Head of Legal in April 2021. Prior to joining the CLSA Group, Mr. Chung worked at Morgan Stanley between November 2011 to April 2021 holding various positions including Regional Head of Legal for the Investment Management Private Funds business; Regional Head of Legal for the Investment Banking Mergers and Acquisitions business; and the Regional Chief Operating Officer for the Investment Management Private Funds business.

Before joining Morgan Stanley, Mr Chung worked as a corporate attorney at Slaughter and May’s London and Hong Kong offices between 2004 to 2011. Mr Chung is a qualified attorney in England & Wales, Hong Kong, Australia (New South Wales) and New Zealand.

Mr Chung obtained a Bachelor of Laws and Commerce conjoint degree from the University of Auckland.