Hong Kong Exchanges and Clearing Limited (HKEX) today announced the appointment of Alejandro Nicolas Aguzin as Chief Executive of HKEX. The appointment is effective 24 May 2021 and is for a term of three years until 23 May 2024, subject to the approval of the Securities and Futures Commission.

Mr Aguzin, subject to such approval, will also become an ex-officio member of the HKEX Board of Directors (the Board) effective 24 May 2021.

He joins HKEX from JP Morgan, where he is currently Chief Executive Officer of JP Morgan’s International Private Bank and a member of the Operating Committee for the firm’s asset and wealth management business. Prior to this, from 2012 to 2020, Mr Aguzin was CEO, JP Morgan, Asia Pacific where he oversaw and led JP Morgan’s growth in China, and the region.

Mr Aguzin joined JP Morgan in 1990, and has held a number of leadership roles spanning lines of business and geographies during his 30 years with the firm, including as Head of Investment Banking, Asia Pacific from 2015 to 2019, and as CEO of JP Morgan Latin America from 2005 to 2012.

Mr Aguzin holds a Bachelor of Science degree in Economics from the Wharton School of the University of Pennsylvania in the US. Mr Aguzin has been based in Hong Kong for the last nine years.

Nicolas Aguzin, Chief Executive-designate of HKEX, said:

“I am deeply honoured to be asked to lead the world’s largest stock market group, especially at such an important time for global financial markets. In recent years, HKEX has been instrumental in defining the evolution of Asian finance and has become the world’s leading IPO venue. I am excited to now have the opportunity to build on the solid foundations of innovation, impact and progress created by my predecessors.

With the appointment of Mr Aguzin, Mr Calvin Tai will cease to be the Interim Chief Executive of HKEX and an ex-officio member of the Board on May 23, 2021. He will continue in his roles, as Co-President and Chief Operating Officer of HKEX.