Alejandro Aguzin accelerates HKEX departure
09 February 2024 Hong Kong
Image: World Economic Forum
Alejandro Aguzin announced that he would not be seeking reappointment as HKEX CEO in December 2023.
Stating that the transition has been proceeding “smoothly and effectively”, he has agreed with the board to remain in his current post as CEO and ex-officio member of the board until 29 February 2024 rather than until his contract ends in May.
Bonnie Chan will replace Aguzin as CEO effective 1 March 2024, joining the board as an ex-officio member. She will hold the role for a term of three years.
Commenting on Agusin’s departure, the HKEX board says: “The board would like to express its gratitude to Aguzin for his contribution and leadership over the past nearly three years.
During his tenure as CEO, and against a challenging macro backdrop shaped by Covid and weak global markets, Aguzin has strengthened HKEX’s core competencies and enhanced HKEX’s international presence.”
Stating that the transition has been proceeding “smoothly and effectively”, he has agreed with the board to remain in his current post as CEO and ex-officio member of the board until 29 February 2024 rather than until his contract ends in May.
Bonnie Chan will replace Aguzin as CEO effective 1 March 2024, joining the board as an ex-officio member. She will hold the role for a term of three years.
Commenting on Agusin’s departure, the HKEX board says: “The board would like to express its gratitude to Aguzin for his contribution and leadership over the past nearly three years.
During his tenure as CEO, and against a challenging macro backdrop shaped by Covid and weak global markets, Aguzin has strengthened HKEX’s core competencies and enhanced HKEX’s international presence.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Assegt Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Assegt Servicing Times
.jpg)