Two new c-suite hires at HKEx

Hong Kong Exchanges and Clearing Limited has hired a new chief financial officer and chief administrative officer.

By None

Hong Kong Exchanges and Clearing Limited (HKEx) has hired a new chief financial officer and chief administrative officer.

Stephen Marzo will join the bourse as CFO on 26 June and Henry Ingrouille on 9 July as CAO, both reporting directly to chief executive Charles Li.

The move comes as HKEx prepares itself for the challenges of running a national bourse in a time when alternative venues are increasing in popularity.

Last month, the exchange received regulatory approval to launch the first exchange-traded currency futures settled in renminbi.

In March, HKEx announced a US$380 million technology improvement programme in a bid to fuel future growth through improved data capacity, lower latency and enhanced market data platforms across all asset classes.

As CFO, Marzo assumes responsibility for the financial and treasury functions of HKEx as well as investor relations.

Marzo has spent most of his work life in Asia including the past 18 years in Hong Kong. His most recent role was as group CFO of Noble Group, a large commodities supply chain management company.

As CAO, Ingrouille will oversee management of company-wide projects and business initiatives, human resources and administration.

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