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Hong Kong, 27 November 2025: Former Hong Kong Insurance Authority General Counsel (Acting) Patrick Peng joins as Head of Corporate for Greater China

Global law firm Clyde & Co today announced the appointment of Patrick Peng as a Partner. He joins from the Hong Kong Insurance Authority, where he served as General Counsel (Acting). He brings a unique perspective, having guided the development of the regulatory framework as a senior official and represented financial institutions in private practice.

This strategic hire will bolster the firm’s corporate and regulatory insurance practice, strengthening its ability to provide clients with strategic counsel on navigating the region’s complex and fast-evolving regulatory landscape.

During his more than eight years with the Hong Kong Insurance Authority, Patrick was instrumental in the creation of several pioneering regulatory regimes. His work included key contributions to Hong Kong’s captive domicile, insurance-linked securities (ILS), risk-based capital (RBC), group-wide supervision (GWS), and company re-domiciliation frameworks. His deep experience with the regulatory process spans life and non-life (re)insurance, corporate governance, licensing, market conduct, and policy development.

His background is further rounded out by his prior experience as a corporate lawyer at leading US law firms, where he represented a wide range of financial institutions in mergers and acquisitions, joint ventures, insurance portfolio transfers, IPOs, and other corporate and commercial matters.

In addition to his legal practice, Patrick serves as a part-time lecturer at The Hang Seng University of Hong Kong, the Vice-President of the Guangdong-Hong Kong-Macao Greater Bay Area Actuarial and Insurance Industry Academy, and a Director of The Hong Kong Insurance Law Association, underscoring his commitment to industry development.

 

Simon McConnell, Partner, APAC Board Chair, Hong Kong, said: “Patrick is extremely well regarded in the market. His sophisticated understanding of the regulatory process, combined with his proven track record in corporate law, is a tremendous asset for our clients. His appointment underscores our commitment to providing top-tier, strategic advice that helps clients succeed in the Greater China insurance market.”

Fei Kwok, Hong Kong Managing Partner, said: “Family offices and digital asset participants will also greatly benefit from Patrick’s extensive experience. His arrival enables us to further expand the firm’s strong presence in our core sectors across Hong Kong, Beijing, and the Greater Bay Area.”

Patrick Peng said: “Having been closely involved with the regulatory process, I not only understand the principles and policy goals that shape the landscape but practice them. I look forward to working with the firm’s clients to help them navigate this complexity and build compliant, market-leading strategies. The firm’s powerful global platform is ideally positioned to help clients capitalise on the immense opportunities across Greater China.”

Growing Corporate and Regulatory Offering in Greater China

With this appointment, Clyde & Co is uniquely equipped to serve as a strategic partner for clients navigating the convergence of finance, artificial intelligence, and regulation in Greater China.

Clyde & Co’s global insurance practice of 2,400 lawyers in over 70 offices around the world handles matters across all lines of insurance business, helping the insurance market navigate risk. 

Lloyd’s Register (LR) has signed a global platinum partnership with the Energy Industries Council (EIC), the world-leading trade association for the energy supply chain, strengthening its position across international markets and major industry events.  

The agreement marks the first time LR has joined the EIC at platinum level, providing the organisation with a prominent presence at leading global industry gatherings including ADIPEC in Abu Dhabi, the Offshore Technology Conference in Houston and the World Future Energy Summit in 2026. 

Through this new platinum-level partnership, LR will support EIC trade delegations and facilitate networking initiatives, gaining access to senior-level business forums focused on decarbonisation, financing and regulatory reform.  
 
For EIC’s member companies – totalling more than 950 across the globe – the partnership will bring Lloyd’s Register’s assurance and risk expertise directly into trade missions, market intelligence briefings and supply chain forums.  

LR will feature alongside EIC at several major international events over the next 12 months, including Hydrogen Technology Expo Europe, the World Nuclear Exhibition and WindEnergy Hamburg. The company will also support EIC’s trade missions to emerging energy markets such as Mozambique, Guyana and Nigeria. 

Together, LR and EIC will support the global energy supply chain to de-risk complex projects, open new export routes and contribute to making energy transition investments more bankable and deliverable. 

Sean Van der Post, LR’s Global Energy Director, said: “Working with the EIC gives us a powerful platform to engage with energy leaders and policymakers, helping shape the discussions that will define the sector’s future. We are committed to supporting the supply chain to explore new technologies, investment opportunities and frameworks that accelerate progress towards net zero.” 

EIC chief executive Stuart Broadley said: “Lloyd’s Register has been a trusted technical authority across the ocean and energy economies for generations. As our Platinum Global Partner, LR will sit at the heart of our global pavilions and trade delegations, bringing world-class assurance and risk expertise into the conversations that matter most to the energy supply chain. Together we will connect more companies to real export opportunities and help make energy-transition projects safer, more investable and faster to deliver.”

Kumar Pranav, Global Advisory Lead – Operational Excellence; Ziad Menhem, Business Development Manager; Ambrish Bansal, Senior VP and Global lead Management Consulting; Kamran UlHaq, Senior Vice President – Ports Advisory; Ngozi Gwam, Business Director and Senior Representative for Africa; Ian Crehan, UKI Offshore Business Director; Sean van der Post, LR’s Global Energy Director at ADIPEC 2025.