Calvin Tai is co-president and chief operating officer of Hong Kong Exchanges and Clearing (HKEX). He served interim chief executive from January 1 2021, replacing Charles Li, until Nicolas Aguzin was named in May of 2021.
In his role as co-president and COO, he oversees exchange, clearing & risk management of securities and derivatives business in Hong Kong.
Before moving to the clearing business, Tai was co-head of equities, fixed income and currency in the Global Markets Division. Before that he was head of the trading division of HKEX, overseeing trading operations, product and business development for equities, fixed income and currency markets.
Tai joined the Hong Kong Futures Exchange Limited in 1998 before its merger with the Stock Exchange of Hong Kong as the head of products. Before joining the Hong Kong Futures Exchange Limited, he worked in the banking industry in Hong Kong and held various management positions in ABN-Amro Bank N.V., HSBC and Royal Bank of Canada.
Tai holds a Bachelor of Social Sciences degree from the University of Hong Kong.
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