LCH.Clearnet Ltd Board Changes

Report date
  • Shona Milne appointed as Independent Non-Executive Director
  • Brings over 25 years of industry experience to the Board
  • Stephen Compton (Citigroup) named as User Board Member

LCH.Clearnet Limited (“LCH.Clearnet”), the global clearing house, today announced that Shona Milne and Stephen Compton have been appointed to its Board of Directors.  

Shona has over 25 years’ experience in the financial services industry. She held a series of senior management roles in her 17-year career at Deutsche Bank, latterly as CFO Deutsche Bank Netherlands.  Prior to joining Deutsche Bank, Shona had previously held positions at Morgan Stanley and Deloitte, where she started her career. Currently Shona holds directorships at Regents University, London; Director of Finance South East and, Treasurer and Trustee of Stonewall Equality, a UK based charity.

Stephen is currently Global Head of G10 Markets Treasury at Citigroup. He has held a number of senior roles across Citigroup’s European Rates business and started his career at Citibank London in 1989.

Lex Hoogduin, Chairman of LCH.Clearnet Group, said: “Shona and Stephen bring deep industry expertise to the LCH.Clearnet Ltd Board. I’m delighted to welcome them to the LCH.Clearnet Ltd Board and am confident that we will benefit immensely from their insight and experience. ”

Shona Milne – Biography

Shona Milne is an independent non-executive director of LCH.Clearnet Limited.

Shona started her career in Financial Services at Deloitte Haskings and Sells, moving to Morgan Stanley and then Morgan Grenfell, where she was Head of Product Control for Treasury, Corporate and Investment Banking.  Following the integration of Morgan Grenfell with Deutsche Bank in 1995, she held various positions within the organisation.  Between 1996-2003 she was Global Business Area Controller for Equities Trading and Sales, moving in 2003 to the role of CFO EMEA and finally as CFO Deutsche Bank Netherlands from 2011-2012.

Shona is currently Board Trustee and Vice Chair of Regents University, London as well as Chair of the Finance Committee; Director of Finance South East and, Treasurer and Trustee of Stonewall Equality, a UK based charity.

She is a graduate of St Andrews University and Heriot Watt University and a Member of the Institute of chartered accountants of Scotland.

Stephen Compton - Biography

Stephen Compton is Global Head of G10 Markets Treasury at Citigroup, a post which he took up in early 2009, responsible for the liquidity and interest rate risk management of Citibank's Institutional Client Group's G10 balance sheet. In 2010, he was further appointed Global Head of Fixed Income Finance, managing the secured funding of Citigroup Global Markets' broker-dealer balance sheet and the trading of repo with Citigroup's global client base.

From 2007-2009, Stephen was Global Head of Citigroup's G10 Rates business and a member of the Global Markets Management Committee. Previously, he held a number of senior roles in Citigroup's European Rates business. Stephen started his career in 1989 at Citibank London on the Interest Rate Swaps trading desk.

Stephen holds a Bachelor's Degree in Philosophy, Politics and Economics from Lincoln College, Oxford.

For further information
Rhiannon Davies, Tel: +44 (0)20 7426 7523

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About LCH.Clearnet

The LCH.Clearnet Group is a leading multi-asset class and multi-national clearing house, serving major exchanges and trading platforms as well as a range of OTC markets.

LCH.Clearnet’s world-class risk management framework provides exceptional levels of protection to international markets, as has been proven through the management of past defaults. As demand for robust clearing services continues to grow, LCH.Clearnet is committed to achieving the highest standards of risk management across all asset classes cleared.

LCH.Clearnet Group is majority owned by London Stock Exchange Group (LSE.L), a diversified international exchange group that sits at the heart of the world's financial community.