Hong Kong, China - June 4, 2012, Hong Kong, China - Hong Kong Exchanges and Clearing Limited (HKEx) announced the appointment of Stephen J. Marzo as chief financial officer, effective June 26, 2012.
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Mr. Marzo served as Group Chief Financial Officer and Member of Executive Board at Noble Group Ltd. Mr. Marzo served as the Chief Financial Officer of SMEloan Hong Kong Limited. He is closely acquainted with arbitrage and risk in Asia and other emerging markets, having worked with such companies as Chase Manhattan Bank and the Phibro Energy Division of Salomon.
Mr. Marzo worked at REPOR from 1980 to 1989 for Chase Manhattan Bank in New York and Taiwan. Prior to Chase Investment Bank, he served as the Chief Credit Officer of Goldman Sachs Asia in Hong Kong. In 1989, Mr. Marzo joined Phibro Energy Inc., a unit of Salomon Inc. and served as an Asia Pacific Treasurer and subsequently moved to London in 1990 to become European Treasurer with responsibility for Asia.
He also served as a Head of Institutional Credit for Asia Pacific of Bear Stearns (Asia) LLC since 1994 and later joined Goldman Sachs Asia Limited in 1996 and served as its Head of Credit Risk Management for non-Japan Asia. He has been an Independent Director of S.D. Standard Drilling Plc since May 16, 2011. He served as an Executive Director of Goldman Sachs Asia in Hong Kong.
Mr. Marzo graduated from Georgetown University in 1979 with a BS in Business Administration majoring in International Business Management.
HKEx also announced that it has appointed Henry Ingrouille as its chief administrative officer, effective July 9, 2012.
Mr. Ingrouille has more than 20 years of experience in the financial services industry, most of which were based in Asia. Currently, as a Managing Director and Head of Asian Operations for Morgan Stanley, Mr. Ingrouille has been responsible for the Operational support for Morgan Stanley’s Institutional Securities, Private Wealth and Investment Management businesses.
During his career with Morgan Stanley, he held, amongst others, the positions of Global Head – Vendor and Network Management, Global Head – Collateral Management, and Asia Head – Multi-asset Client Service. Prior to that, Mr. Ingrouille worked as Asia Head, Network Management for Banker’s Trust in Hong Kong. In his early career, Mr. Ingrouille worked as an International Relations Analyst for the London Stock Exchange. ■