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Hong Kong Stock Exchange names first foreign CEO

Banker Nicolas Aguzin led JPMorgan's Asia-Pacific business

Nicolas Aguzin has been picked as HKEX's chief executive partly for his experience in greater China, the exchange group said.   © Reuters

HONG KONG -- Hong Kong Exchanges & Clearing, the world's most valuable exchange operator, has named JPMorgan Chase & Co veteran banker Nicolas Aguzin as its new chief executive.

Aguzin's appointment is effective May 24 and will be for a three-year term, the bourse said. As an Argentinian, he will become the first foreign CEO of HKEX, which was established in 2000 with the merger of Stock Exchange of Hong Kong, Hong Kong Futures Exchange and the Hong Kong Securities Clearing Company.

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