HKEX hires HSBC’s John Hsu as CTO, Richard Leung moves to CIO

Rick Steves

“Richard and John’s leadership will be invaluable as we progress our work to develop a platform business that leverages modern, agile and digitalised infrastructure, connecting today with tomorrow.”

Hong Kong Exchanges and Clearing Limited (HKEX) has appointed John Hsu as Managing Director and Chief Technology Officer of the major exchange group operating a range of equity, commodity, fixed income, and currency markets.

John Hsu will succeed and report to Richard Leung, who will become Chief Information Officer with oversight of technology strategy and functions, and will also focus on a number of key strategic group-wide projects.

As Group CTP, John Hsu will head the Group’s IT infrastructure, operations, development, and support functions in Hong Kong, as well as HKEX’s Innovation and Data Lab and its Mainland Technology Centre.

“Technology is at the heart of HKEX’s vision and strategy”

Nicolas Aguzin, Chief Executive Officer at HKEX, said: “I am delighted to appoint Richard as Group Chief Information Officer and to welcome John to HKEX. Technology is at the heart of HKEX’s vision and strategy and today’s appointments reflect our commitment to continue investing in this key area, providing best-in-class services to our clients and stakeholders around the world. Richard and John’s leadership will be invaluable as we progress our work to develop a platform business that leverages modern, agile and digitalised infrastructure, connecting today with tomorrow.”

Richard Leung, Group Chief Technology Officer at HKEX, said: “I am very pleased to welcome John to HKEX. With more than 20 years of international experience in technology operations and strategic delivery, John’s knowledge and expertise will be instrumental as we drive our business and technology agenda forward. I look forward to be working closely with John to further strengthen and elevate HKEX’s information and technology capabilities.”

Joining HKEX Group on 29 September 2023, John Hsu will also become a member of its Management Committee.

John Hsu joins HKEX from HSBC, where he has been Chief Information Officer of Asia Pacific since May 2019. Prior to this, he held senior roles at Huawei Technologies, SF Express, and Deloitte. He also founded ALA Financial – a company focused on leveraging the power of micro-financing to support young investors and borrowers.

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