Ronald Arculli, is currently a Non-Official Member of the Executive Council of the Hong Kong SAR Government, Non-executive Director of Hong Kong Exchanges and Clearing Limited and Chairman of the World Federation of Exchanges. He is a member of the board of the West Kowloon Cultural Authority, which is responsible for a HK$21.6 billion art and cultural project in a 40-hectare site by the harbor front of Kowloon. He also serves on the boards of several major listed companies in Hong Kong, and has a long and distinguished record of public service both locally and overseas.
Having practiced as a barrister in Hong Kong from 1961 to 1974, he joined a well known securities firm as group legal adviser before becoming head of the group's investment banking activities. In 1975, he joined a major law firm in Hong Kong, retiring in June 2000 as managing partner. In 2000, Arculli set up his own law firm, Arculli & Associates, which was closely associated with the leading Sydney-based Australian law firm Gilbert & Tobin. In 2005 he merged his firm with Fong & Ng to form Arculli, Fong & Ng which merged into King & Wood as its Hong Kong office in July 2009. Over the years, Arculli has acquired extensive experience in many areas of the law including litigation, financial markets and real estate.
Hong Kong Exchanges & Clearing Ltd., surpassed by CME Group Inc. as the world’s biggest bourse by market value, will fall behind others if it’s not vigilant, said Ronald Arculli, who stepped down as chairman today.
Chow Chung-Kong, former chief executive officer of subway operator MTR Corp., was named chairman of Hong Kong Exchanges & Clearing Ltd. and declared he would capture opportunities for Asia’s biggest bourse.
Hong Kong may not need to strengthen regulation of short selling because current rules are working, said Ronald Arculli, chairman of the Hong Kong Exchanges & Clearing Ltd., the world’s second second-biggest exchange operator by market value.
A merger between Singapore Exchange Ltd. and ASX Ltd. will make it harder for Hong Kong to win offerings by commodity companies and achieve an expansion plan announced this year, the chairman of the Hong Kong bourse said.
Unipol Gruppo Finanziario SpA’s planned rescue of Fondiaria-SAI SpA, Italy’s second-biggest insurer, may be delayed after a prosecutor requested the seizure of a 20 percent stake in Fondiaria’s biggest investor.
Hong Kong tycoon Richard Li’s Pacific Century Group is stepping up its search for assets in Southeast Asia after spending more than $2 billion to acquire insurance units at home and in Macau and Thailand.