Isabelle Girolami appointed CEO, LCH Ltd
- Isabelle Girolami to join LCH as CEO, LCH Ltd from 1 November, 2019
- Responsible for driving continued growth, innovation and operational excellence across LCH Ltd
LCH, a leading global clearing house, today announced the appointment of Isabelle Girolami as CEO, LCH Ltd. Isabelle will join LCH on 1 November. Isabelle joins from Crédit Agricole, where she has most recently served as Deputy CEO of its Corporate and Investment Banking Business.
Based in London, Isabelle will report to Daniel Maguire, CEO, LCH Group. In her role, she will be responsible for driving continued expansion across LCH’s services, with a focus on continued growth, innovation and operational excellence. LCH operates a number of market-leading clearing service across asset classes including interest rate derivatives, FX, equities and fixed income.
Daniel Maguire, CEO, LCH Group, said: “I am delighted to welcome Isabelle Girolami to LCH Group. As a proven leader, Isabelle brings extensive experience in managing high calibre global teams operating across a number of asset classes. She is well-known in the financial markets and has an outstanding track record in Europe, in addition to significant experience in Asia. I would also like to take this opportunity to thank Martin for his significant contributions to the growth and development of LCH.”
Isabelle Girolami said: “LCH has an impressive track record of partnering with the markets that it serves, in order to drive innovation and provide best-in-class risk management. Its open access approach and strong customer focus are unique, and I’m honoured to be asked to lead LCH Ltd for the next stage of its growth.”
Isabelle has been at Crédit Agricole since 2015, initially as Global Head of Financial Markets and more recently as Deputy CEO of its Corporate and Investment Banking business. Prior to Crédit Agricole, she spent seven years at Standard Chartered Bank both in London and Singapore, latterly serving as Co-Head of the Wholesale Bank ASEAN and Head of Financial Markets ASEAN. Earlier in her career, she held senior positions at Bear Stearns and BNP Paribas.
Isabelle’s appointment follows the decision by Martin Pluves to step down on 31 July as CEO of LCH Ltd to pursue other opportunities. In the interim period, Daniel Maguire will serve as CEO, LCH Ltd in addition to his other responsibilities as CEO, LCH Group until Isabelle joins.
For further information
Rhiannon Davies, Tel: +44 (0)20 7426 7523
Lucie Holloway, Tel: +44 (0)20 7797 1126
Notes to Editors:
Isabelle Girolami CV
- 2015 – 2019: Crédit Agricole CIB
- 2018 - 2019: Deputy CEO of Credit Agricole CIB
- 2015 – 2019: Global Head of Financial Markets
- 2008 – 2015: Standard Chartered Bank
- Co-Head of the Wholesale Bank ASEAN and Head of Financial Markets ASEAN
- Co-Head of the Wholesale Bank Europe and Head of Global Markets Europe, London
- 2000 – 2008: Bear Stearns, Chief of Staff for Europe & Asia and COO for Fixed Income Europe and Asia
- 1995 – 2000: BNP Paribas: Chief Operating Officer of Global Fixed Income
LCH is a group of leading multi-asset clearing houses that provides proven risk management capabilities across a range of asset classes. As demand for robust clearing services continues to grow, LCH is committed to maintaining the highest standards of risk management across all our services.
As the markets’ partner, LCH operates an open access model, offering a choice of execution venues, delivering unprecedented choice and efficiencies to the marketplace.
LCH operates clearing houses around the world, with clearing houses incorporated in the UK, France and the United States with additional offices in the Asia Pacific region. It offers clearing services across asset classes including OTC and listed rates; CDS and FX; fixed income; commodities; cash equities and equity derivatives. LCH also serves the non-cleared derivatives market through LCH SwapAgent, a new service which extends the efficiencies and infrastructure of clearing to the market, without acting as a central counterparty.
LCH is majority owned by London Stock Exchange Group (LSE.L), an international markets infrastructure business that sits at the heart of the world's financial community.
Further information on LCH can be found at www.lch.com