"I am Iago," he offers in return, and throws in a joking, low bow since obviously he is addressing royalty. Swaggy royalty.

He extends a hand to shake. Might it be a bad idea to extend a limb to a person who might in the best case scenario give you a palm full of splinters? Perhaps under different circumstances. He's been in the Nexus long enough to know that your best bet is a smile and sincere greeting, 98% of the time.

"Well met. How like you this party, sir?"