Simon Davies Appointed as a Non-Executive Director to the LCH.Clearnet Ltd Board of Directors

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LCH.Clearnet Group (LCH.Clearnet) today announced that Simon Davies has been appointed as an independent Non-Executive Director to the Board of Directors of LCH.Clearnet Ltd, effective immediately.

Mr. Davies has over 30 years of experience in the asset management industry.  He retired as Chairman at Threadneedle Asset Management in 2012, having previously been Chief Executive (1999–2007) and Chief Investment Officer (1995–1998). Prior to this he held various senior positions at Gartmore, including Head of Global Funds and Head of International Equities in addition to sitting on the board of Gartmore Pension Fund Managers.  He began his career at NM Rothschild & Sons, where he worked as an analyst and fund manager.  He now holds a number of directorships in the financial services and property sectors.

Jacques Aigrain, Chairman of LCH.Clearnet Group said: “Simon brings deep experience in the asset management business to the LCH.Clearnet Ltd. Board. I’m confident that his insights and knowledge of the buy-side will be invaluable as we build our business in the years ahead.”


For further information

Rachael Harper, LCH.Clearnet, Tel + 44 (0)20 7426 7175

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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.