The Hong Kong stock exchange has picked a senior JPMorgan banker as its new chief executive as it seeks to build its fast-growing pipeline of new share offerings and trading link-ups with mainland Chinese bourses.
Nicolas Aguzin, chief executive of JPMorgan’s international private bank, will take the helm at Hong Kong Exchanges and Clearing, the company that runs the city’s stock market, in May for a period of three years.
“The board believes that Mr Aguzin’s extensive experience in Hong Kong, mainland China, Asia and globally, and his deep knowledge of global capital markets, will help HKEX continue to build its competitiveness,” the exchange said in a statement released after market close on Tuesday.
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