Hong Kong stock exchange considers extending CEO's contract: Bloomberg

Hong Kong Exchanges and Clearing Ltd (HKEX) is considering extending Chief Executive Nicolas Aguzin's contract until May 2025, Bloomberg News reported on Sunday, citing people familiar with the matter. 

Aguzin’s current three-year contract ends in May, one month after Chairman Laura Cha’s appointment expires in April, the report added. 

The board is seeking to avoid changing the chairman and CEO in the same year, Bloomberg reported. 

HKEX declined to comment on the report. 

Aguzin became CEO on May 24, 2021, after being hired from JPMorgan Chase & Co, replacing former long-serving head Charles Li. 

(Reuters)