Nicolas Aguzin

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Nicolas Aguzin
Nicolas Aguzin-1.jpg
Occupation CEO
Employer Hong Kong Exchanges and Clearing
Location Hong Kong
LinkedIn Profile
Website https://www.hkex.com.hk

Nicolas Aguzin is the CEO of Hong Kong Exchanges and Clearing (HKEX). He joined the company in that role on May 24, 2021, taking over from Calvin Tai, who had been interim CEO after Charles Li, also a former JPMorgan banker, stepped down.[1] He was appointed to a three-year term.[2] On February 9, 2024, HKEX said Aguzin would leave the company at the end of February, three months earlier than planned.

Aguzin is credited with steering the stock exchange through a difficult period marked by pandemic lockdowns, rising U.S.-China tensions and high global interest rates.[3]

Aguzin was previously the CEO of JPMorgan's International Private Bank and a member of the operating committee for the firm’s asset & wealth management business.[4]

Aguzin is an Argentine native who also holds a Croatian passport and has permanent residence in Hong Kong. He speaks Spanish, Portuguese and English but not Mandarin.[5] The appointment of a non-Chinese person as CEO of HKEX was reportedly unexpected by market observers, who noted Aguzin will have to balance the demands of authorities in Beijing with those of Hong Kong's trading community. [6] [7]

Background[edit]

Aguzin served as JPMorgan’s chairman and CEO of Asia Pacific from 2012 to 2020. Before that he led the bank in Latin America and held various senior investment banking roles. He joined JPMorgan as a financial analyst in 1990.[8]

His nickname is "Gucho." [9]

The salary Aguzin receives is 7 percent more than his predecessor, Charles Li. Aguzin also received 211,756 shares of HKEX, worth about K$100m at the time he joined the exchange. The stock is restricted for two years.

Education[edit]

Aguzin attended The Wharton School of the University of Pennsylvania, graduating with a bachelor's degree in economics and finance in 1990.

References[edit]

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