Hong Kong


30% Club HK and The Women’s Foundation release video to highlight the lack of gender diversity on Hong Kong Boards

HONG KONG, November 6, 2018 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.

 

Please click here 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 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 recognizes 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.

@30percentclubhk


Members


  • Professional Services 

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    Howard Bilton

    Chairman

    The Sovereign Group

  • Financial 

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    Alex Boggis

    Managing Director

    Aberdeen Asset Management

  • Professional Services 

    Members image

    Peter Brien

    Senior Partner

    Slaughter and May

  • Regulatory 

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    Laura Cha

    Chairperson

    HKEX

  • Conglomerates 

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    Victor Cha

    Deputy Chairman

    HKR International Limited

  • Professional Services 

    Members image

    Jeanette Chan

    Managing Partner - China Practice

    Paul, Weiss, Rifkind, Wharton & Garrison

  • HSI-Property 

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    Ronnie C. Chan

    Chairman

    Hang Lung Group Limited and Hang Lung Properties Limited

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    Sanjeev Chatrath

    Managing Director - Global Banking and Financial Markets

    IBM

  • HSI-Property 

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    Henry Cheng

    Chairman

    New World Development and Chow Tai Fook Jewellery Group Limited

  • HSI-Financial 

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    Raymond Chi’en

    Chairman

    Hang Seng Bank Limited Limited

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    Susanna Chiu

    Director

    Li & Fung Development (China) Ltd

  • Conglomerates 

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    Yei Ching Chow

    Co-Chairman

    Chevalier Group

  • Regulatory 

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    Ada Chung

    Registrar of Companies

    Government of the Hong Kong SAR

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    David Cruikshank

    Chairman Asia Pacific

    BNY Mellon

  • Professional Services 

    Members image

    Justin D'Agostino

    Global Head, Dispute Resolution Practice

    Herbert Smith Freehills

  • Financial 

    Members image

    Farhan Faruqui

    Group Executive, International

    ANZ

  • HSI-Financial 

    Members image

    Mark Tucker

    Group Chairman

    HSBC Holdings plc

  • Professional Services 

    Members image

    Tim Freshwater

    Senior Advisor, Hong Kong

    Brunswick Group

  • HSI-Financial 

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    John Flint

    Group Chief Executive

    HSBC Holdings plc

  • Professional Services 

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    Marc Harvey

    Regional Managing Partner - Asia

    Linklaters

  • Industrials 

    Members image

    Mark Hellmann

    President & CEO - Asia

    Hellmann Worldwide Logistics Ltd

  • Financial 

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    Ken Hitchner

    President, Asia Pacific Ex-Japan

    Goldman Sachs

  • Professional Services 

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    Denise Jong

    Partner

    Reed Smith

  • Professional Services 

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    Teresa Ko

    China Chairman

    Freshfields Bruckhaus Deringer

  • Conglomerates 

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    Beau Kuok

    Deputy Chairman and Managing Director

    Kerry Group Limited

  • Consumables 

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    Simon Kwok

    Chairman and CEO

    Sa Sa International Holdings Limited

  • Regulatory 

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    Yuen-han Chan

    Chairperson

    Women’s Commission

  • Property 

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    Irene Lee

    Chairman

    Hysan Development Company Limited

  • HSI-Property 

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    Martin Ka Shing Lee

    Vice Chairman

    Henderson Land Development Company Limited

  • Financial 

    Members image

    Warren Lee

    Chairman

    SHK Hong Kong Industries Limited

  • Utilities 

    Members image

    Richard Li

    Chairman and Chief Executive

    Pacific Century Group

  • HSI-Conglomerates 

    Members image

    Victor Li

    Group Co-Managing Director and Deputy Chairman

    Cheung Kong (Holdings) Limited

  • Professional Services 

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    Elaine Lo

    Partner and Head of China Practice

    Mayer Brown JSM

  • Property 

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    KS Lo

    Chairman and Managing Director

    Great Eagle Holdings Limited

  • Regulatory 

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    Anthony Neoh

    Head of Chamber

    Chambers of Anthony Neoh, QC, SC

  • Professional Services 

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    Tim Payne

    Senior Partner, Head of Asia

    Brunswick Group

  • Professional Services 

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    Keith Pogson

    Global Banking & Capital Markets Assurance Leader

    Ernst & Young

  • Utilities 

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    John Rice

    Vice-Chairman

    GE

  • Professional Services 

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    Martin Rogers

    Partner

    Davis Polk

  • Professional Services 

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    Miguel Zaldivar

    Regional Chief Executive, Asia Pacific & Middle East

    Hogan Lovells

  • HSI- Conglomerates 

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    Edith Shih

    Head Group General Counsel and Company Secretary

    CK Hutchison Holdings Limited

  • Conglomerates 

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    Merlin Swire

    Chairman

    Swire Pacific Limited

  • Financial 

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    Maaike Steinebach

    CEO Hong Kong & Macau

    Visa

  • Professional Services 

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    Kristi Swartz

    Managing Partner

    Swartz, Binnersley & Associates.

  • Financial 

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    May Tan

    Director

    Link REIT

  • Utilities 

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    Kevin Taylor

    President, Asia, Middle East and Africa

    British Telecommunications plc

  • Regulatory 

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    Carlson Tong

    Chairman

    Securities & Futures Commission

  • Utilities 

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    Jean-Pascal Tricoire

    Chairman and CEO

    Schneider Electric

  • Financial 

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    Katherine Tsang

    Director

    Gap Inc.

  • HSI-Financial 

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    Keng Hooi Ng

    Executive Director and Group Chief Executive and President

    AIA Group

  • Financial 

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    Anil Wadhwani

    President & Chief Executive Officer

    Manulife Financial Asia Limited

  • Financial 

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    Ben Way

    CEO

    Macquarie Group Asia

  • Professional Services 

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    Andrew Weir

    Global Head of Building, Construction and Real Estate Practice

    KPMG

  • Industrials 

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    Kelvin Wong

    Executive Director and Deputy Managing Director

    COSCO Shipping Ports Limited

  • Regulatory 

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    Anna Wu

    Chairperson

    Competition Commission

  • Professional Services 

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    Catherine Zhu

    Partner

    EgonZehnder Hong Kong

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.

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    Alice Au

    Spencer Stuart

  •  

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    Pru Bennett

    BlackRock

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    Bonnie Chan

    Davis Polk

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    Sanjeev Chatrath

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    David Eldon

    HSBC

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    Tim Freshwater

    Brunswick Group

  •  

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    Nasrine Ghozali

    Oasis

  •  

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    Susan Ho

    Brunswick Group

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    Teresa Ko

    Freshfields Bruckhaus Deringer

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    Angelina Kwan

    BitMEX

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    Irene Lee

    Hysan

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    Angela Mackay

    Financial Times

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    Mary McHale

    Equinix

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    Fern Ngai

    Community Business

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    Fiona Nott

    The Women's Foundation

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    Tim Payne

    Brunswick Group

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    Keith Pogson

    Ernst & Young

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    Caroline Raggett

    Russell Reynolds Associates

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    Elspeth Renshaw

    Heads! International

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    Susan Sayers

    HSBC

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    Leonie Valentine

    Google Hong Kong

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    Lihong Wang

    Bain Capital

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    Ginny Wilmerding

    Brunswick Group

  •  

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    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

    Group leader

    David Eldon, former HSBC & Tim Payne, Brunswick Group

  • External Advocacy

    Main aims

    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.

    contact

    Group leader

    Fiona Nott

    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

    Group leader

    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 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.

    contact

    Group leader

    Fiona Nott

    The Women's Foundation

  • 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

    Group leader

    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

    Group leader

    Fern Ngai

    Community Business

Events


Previous


  • JC Hall, The Asia Society Hong Kong Center

    TWF's flagship 30% Club Boardroom Lunch brings accomplished and aspiring Women to Watch face-to-face with Board Directors 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 hosts a table at which 4 of their directors, senior executives and/or advisors are present. The remaining 6 seats are allocated by TWF and 30% Club to 5 accomplished Women to Watch and executive search firm representative or 30% Club VIP. 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.

    We are delighted with the line-up of corporate partners who are hosting tables this year. They include our Lead Sponsor, Standard Chartered, our Contributing Sponsors, Goldman Sachs and KPMG, as well as CIBC, Citi, Freshfields, Herbert Smith Freehills, HKEX, HSBC, Hysan, Link, Linklaters, Macquarie, Manulife, Melco, Paul Weiss, PCCW, Slaughter and May, Sovereign Group, Swire. This year, we were also joined by Executive Search Firm Partners, Egon Zenhder, Hedrick & Struggles, Korn Ferry, Meraki, Russel Reynolds and Spencer Stuart - who all had the opportunity to connect with this year’s dynamic Women to Watch!

  • KPMG, 8/F Prince’s Building, 10 Charter Road, Central, Hong Kong

    We are pleased to announce our brand new Boardroom Series for Women Leaders which includes our flagship annual 30% Club Boardroom Lunch. The series is composed of educational workshops and networking events with key Board Directors, Executive Search firms and peers. It offers a more sustained and results-focused programme to help us achieve our collective goal of increasing the number of women on boards.

    Our launch of this initiative starts with the "Roundtable Breakfast: From the C-Suite to the Board" which aims to link board-ready and board-aspiring Women to Watch with Executive Search Firms and to have an open dialogue regarding challenges and diversity in HK boardrooms. There will be a panel discussion with Nick Allen (Chairman of Link REIT) focusing on what boards and chairs are looking for in potential board candidates.
     
    Often the challenges involved in the shift from the C-Suite to the Board involves the use of different skills, which we'll highlight in this session. We will dive into where and what to focus on when building board portfolios and how to position yourself to stand out. The groups will break into roundtables led by senior representatives from the search firms to discuss these challenges.

  • Tianshan & Lushan rooms, Level 5, Island Shangri-la hotel

    Although businesses are increasingly recognizing the benefits of diversity and inclusion, the number of women on Asian boards has barely moved the needle in recent years. Yet, companies in the West have made great leaps forward to change the status quo. Why is that? We need to ask ourselves:

    • Can Asia achieve diversity at board level? What are the opportunities and challenges
    • What lessons can we learn from outside of Asia?
    • How can we make a difference?
    • How can you, as a senior leader in Asia, stand out from the crowd to be appointed to boards both at home and abroad?

    Heidrick & Struggles and the 30% club are delighted to invite you to this compelling panel discussion featuring one of the most influential board search consultants in the industry, Bonnie Gwin (Vice Chairman and Co-Managing Partner of the Global CEO & Board Practice of Heidrick & Struggles), as well as Fern Ngai (CEO of Community Business), Fiona Nott (CEO of The Women’s Foundation) and May Tan (Former CEO of Standard Chartered and INED of Link Asset Management). The event will be moderated by Kyoko Altman, Director of HSBC Global Banking and Markets and ex-CNN anchor.

  • The Hong Kong Club

    The Australian Institute of Company Directors, the 30% Club and The Women’s Foundation are delighted to host an exclusive breakfast with Elizabeth Proust, AO FAICD, Chairman, Australian Institute of Company Directors.

    Ms. Proust will discuss: 

    • The issues of diversity, trust, culture and board composition.
    • Innovation and digital transformation, artificial intelligence and cyber, and how these areas need to be considered by directors when looking toward the future.

     

    About the Speaker

    Elizabeth joined the AICD board in March 2014 and was appointed Chairman in
    December 2015. She sits on a number of boards, including as Chairman of Nestlé Australia and the Bank of Melbourne. Elizabeth is a Non-Executive Director of Lendlease, a leading international property and infrastructure group, and a member of the Australian Securities and Investments Commission (ASIC) Directors’ Advisory Panel and the Victoria Police Corporate Advisory Group. In 2010 Elizabeth was made an Officer of the Order of Australia (AO) for distinguished service to public administration and to business, through leadership roles in government and private enterprise, as a mentor to women, and to the community through contributions to arts, charitable and educational bodies.

    Previously Elizabeth worked in senior roles at the ANZ Banking Group, in local, State and Federal Government, and in BP Australia and BP International. She has held senior positions in the Victorian Government, including as Secretary (CEO) of the Department of Premier and Cabinet and Secretary of the Attorney-General’s Department. She was also CEO of the City of Melbourne.

  • JC Hall, The Asia Society Hong Kong Center

    Recognising that many boards still largely rely on their own networks to fill board openings, the flagship 30% Club 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 early line-up of corporate partners who are hosting tables this year. They include our Title Sponsors, KPMG and Standard Chartered, our Associate Sponsor, Paul Weiss, as well as CIBC, HKEX, Macquarie, Slaughter and May, Sovereign Group, Swire, Thomson Reuters, and Yu Ming Investment Management. We look forward to connecting them with this year’s dynamic Women to Watch!

  • The American Club Hong Kong

    The 30% Club Hong Kong and CIBC are delighted to host a breakfast talk featuring special guest Victor G. Dodig, President and Chief Executive Officer of CIBC and Chair of the 30% Club Canada.

    Mr Dodig will discuss:

    • His experiences as Chair and the achievements of the 30% Club Canada
    • CIBC's gender initiatives and the importance of men as diversity champions
    • His life story and why ensuring women have equal access to opportunities is such an important cause for him personally

     

    About the Speaker

    Victor Dodig was named President and CEO of the CIBC group of companies, one of North America's largest financial services institutions, in September 2014. Under his tenure, Mr Dodig has helped usher in a new era for the bank, positioning CIBC as a strong, innovative, and relationship-oriented financial institution with a Return on Equity among the highest of its peers globally. Mr Dodig brings more than 20 years of extensive business and banking experience, having led CIBC's Wealth Management, Asset Management and Retail Banking businesses. He also led several businesses with UBS and Merrill Lynch in Canada and internationally, and was a management consultant with McKinsey & Company.

    A member of CIBC's Board of Directors, Mr Dodig also serves on the board of the C.D. Howe Institute and ROM Board of Governors. He is a vocal advocate for gender diversity in the workplace, and actively supports the advancement of talented women to executive roles and on boards as founding Chair of the 30% Club Canada and as a Catalyst Canada Advisory Board member.

    A past recipient of Canada's Top 40 Under 40™ award, Mr Dodig is a graduate of the Harvard Business School where he earned an MBA and was recognized as a Baker scholar. He holds a Diploma from the Institut d'études politiques in Paris and completed his undergraduate studies at the University of Toronto (St. Michael's College) in Commerce. Mr Dodig resides in Toronto with his wife Maureen and their four teenage children.

  • 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

    The 30% Club Hong Kong is delighted to present a special lunch with Henry Kravis, Co-Founder, Co-Chairman and Co-Chief Executive Officer of KKR.

    Mr Kravis will speak about:

    • Lessons learned as KKR celebrates its 40th anniversary and 10th year in Asia
    • The global investing environment and today's challenges and opportunities
    • How diversity and inclusion need to be considered by business

     

    About the Speaker

    Henry Kravis is the Co-Founder, Co-Chairman and Co-Chief Executive Officer of KKR, which this year celebrates its 40th anniversary. He is actively involved in managing the Firm and serves on regional Private Equity Investement and Portfolio Management Committees. Mr Kravis has more than four decades of experience financing, analysing and investing in public and private companies, as well as serving on the boards of a number of KKR portfolio companies.

  • 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


The 30% Club HK: 30percentclub@twfhk.org