Hong Kong Exchanges and Clearing (HKEX)’s chief executive, Nicolas Aguzin, has announced that he will not seek reappointment at the end of his current contract in May 2024 – as he steps down after three years in the position.
During his tenure, Aguzin has overseen the delivery of a number of significant strategic initiatives, led efforts to promote HKEX internationally, opened new offices in New York and London and helped deliver a series of products and platforms, including the growth in HKEX’s derivatives and ETF markets.
“Leading HKEX has been the privilege of a lifetime, and I owe deep gratitude to all the hardworking colleagues, partners and stakeholders who have supported me along the way,” said Aguzin.
“I am particularly proud of the wide range of strategic initiatives and projects that the team has delivered in the last few years, despite the challenging and turbulent backdrop. Over the next few months, I will work closely with my team to ensure a smooth and seamless transition of leadership at the Group.”
Having held the role since May 2021, Aguzin will be replaced by Bonnie Yiting Chan, who will assume the role on 24 May 2024 for a term of three years.
Chan joined HKEX as head of listing in January 2020 and currently serves as co-chief operating officer of HKEX.
Before joining HKEX, she was a partner of Davis Polk & Wardwell from 2010 to 2019, where she oversaw a wide portfolio of clients in Hong Kong and across Asia.
Prior to that, she served as the head of IPO transactions, listing division, HKEX from 2007 to 2010.
“It is an honour to have been asked to become HKEX’s new chief executive officer, an organisation that I have worked for twice, and that I have had interactions with throughout my career,” said Chan.
“Nicolas has expertly led HKEX during a particularly turbulent few years in global markets, and I inherit a strong business that is well placed, both operationally and strategically. I would like to thank him for his leadership and personally wish him all the very best for the future.”