"In the next six months, my primary goal is to transform OSL into a truly enjoyable workplace."
Source: OSL
Mr. Li Jinhong, a legal luminary with over forty years of experience, has recently taken on a new challenge as the Chairman of the Board of OSL. OSL is a leading digital asset platform rooted in Hong Kong, equipped with comprehensive compliance regulation and insurance protection. He served as the Chairman of Baker McKenzie’s Hong Kong and China offices from 1996 to June 2024, and his illustrious career spans far beyond his 46 years at the firm.
Mr. Li extends the application of his expertise to important regulatory and community affairs. He currently serves as the Chairman of the Review Committee of the Hong Kong Securities and Futures Commission (SFC) and the Chairman of the Hospital Authority Staff Appeals Committee, demonstrating his deep involvement in financial regulation and public affairs. Mr. Li has also recently been a member of the SFC's Takeovers and Mergers Committee and the Takeovers Appeal Committee (2020-2024), further highlighting his thorough understanding of financial markets and corporate governance.
As a distinguished senior member of the Hong Kong Securities and Investment Institute, Mr. Li's extensive experience in the securities and investment field provides a solid foundation for his new role. Additionally, his commitment to community service is reflected in his past positions, including his service with the Hong Kong Housing Authority and his contributions as the Chairman of the Governance Committee of the Eastern District's Pamela Youde Nethersole Eastern Hospital from 2007 to 2017.
The OSL PR team is fortunate to have an interview with Mr. Li, where we will explore his life experiences and governance philosophy, allowing us to gain deeper insights into this seasoned industry veteran's unique perspectives in his new role.
Q: You have over forty years of experience in the legal field, especially with Baker McKenzie for a long time. What prompted you to transition into the digital asset industry? How do you think your legal expertise will benefit OSL?
Mr. Li: After working in the legal field for 46 years, I believe it is time to embrace new challenges. Throughout my career, I have witnessed the profound impact of digital transformation on economic infrastructure and society as a whole. My expertise focuses on capital markets, corporate mergers and governance, particularly in the corporate transformation of listed companies. I firmly believe that the digital asset and fintech sectors will become the future pillars of the global economy, and my new role allows me to apply my extensive experience in this industry to redefine financial transactions and assets.
Q: What attracts you to this industry? What motivated you to decide to join OSL?
Mr. Li: As a regulated digital asset platform in Hong Kong, OSL's unique position offers tremendous growth potential and opportunities for the entire region's industry development. This dual advantage of OSL motivated me to take on this challenge. In my experience, regardless of the industry, a company's success depends on whether its shared vision permeates different levels of work. This vision is not only closely related to the leadership's goals but also requires the recognition and support of the entire team. Furthermore, this shared vision can facilitate significant transformation and sustainable business growth. I am very pleased to bring this concept to OSL and hope to cultivate a sense of shared mission among everyone to drive our business development.
Q: What do you consider the standard of an excellent company?
Mr. Li: To me, an excellent company should first and foremost be a happy workplace, and it should be based on the well-being and satisfaction of all stakeholders, including employees, shareholders, and customers. The key to achieving this goal lies in establishing a common vision that unites everyone. I hope to integrate this concept into OSL and bring a positive impact to the entire company.
OSL has consistently maintained very high regulatory standards in its relevant fields. I believe I can leverage my experience to further enhance these regulatory standards, creating a fairer and more transparent working and trading environment both internally and externally. As a publicly listed company in Hong Kong, we have a responsibility to ensure that the company operates with high transparency through financial reporting and capital-level information disclosure. However, I firmly believe there is still room for improvement in the company's compliance regulation.
We provide services to various clients, including institutional and retail clients. By increasing transparency and leveraging our regulatory background, the company can attract more high-quality partners and clients. Internally, I strongly believe in the importance of implementing an open policy. It can create a systematic and open communication environment, allowing management to better understand the perspectives of frontline employees.
Q: What is your life motto or management philosophy?
Mr. Li: My philosophy is quite simple: always maintain an open attitude, actively listen, and continuously improve through learning. Valuable insights can also be found in unexpected places. This mindset of continuous learning has greatly benefited me throughout my career, and I firmly believe it is essential for a dynamic industry like digital assets.
Q: Which department do you plan to focus on first?
Mr. Li: I am particularly interested in the company's operations and look forward to delving deeply into it. The business model is the foundation of all the company's work, so understanding its business model is crucial for future work. By thoroughly examining operational details, we can identify the keys to the company's successful operation and areas that need improvement, which is vital for enhancing performance and effectively addressing any issues.
Q: What outcomes do you hope to achieve in the first six months?
Mr. Li: In the next six months, my primary goal is to transform OSL into a truly enjoyable workplace. I firmly believe that a positive work environment is the cornerstone of success. When team members are energetic, proactive, and satisfied with their work, they can naturally provide better service to clients and deliver better performance for shareholders. Focusing on corporate culture and employee satisfaction will be my main tasks in the early stages at OSL.
Summary:
Mr. Li possesses unique legal acumen, regulatory insight, and deep community involvement, making him a vital force in propelling OSL to new heights. His extensive experience in capital markets, mergers, and corporate governance, combined with a clear vision for the future of financial markets, makes him an ideal candidate to lead OSL in navigating the ever-changing landscape of digital assets.
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