Algo Appointments News

All the latest news on auto/algo appointments from Automated Trader

LCH.Clearnet announces new Chairman

March 1st, 2010 - LCH.Clearnet appoints Jacques Aigrain as non-executive chairman

The Board of LCH.Clearnet Group Limited has announced the appointment of Jacques Aigrain as non-executive chairman.  Mr Aigrain will replace Chris Tupker, who has been chairman since July 2006 and who announced his intention to step down in September 2009.

Commenting on the appointment Chris Tupker, chairman, LCH.Clearnet said: “Jacques’ wealth of experience in the financial sector will be a great asset to the company and the markets it serves as LCH.Clearnet continues to work with its users to develop its leading position in clearing markets internationally.”

He continued:  “My four years at LCH.Clearnet have been both exciting and challenging.  Last year’s capital restructuring was the final step in a three year programme to align ownership and usership more closely and the group is now positioned well for the future.”...continued
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