LCH Board Change

LCH, a leading global clearing house, announced today that Neil Walker is standing down as a non-executive director of LCH’s SA and Group boards, effective immediately, in order to focus on executive commitments elsewhere. Neil has been a non-executive director for LCH since 2012 and has served as a member of LCH’s risk committees.

Lex Hoogduin, Group Chairman, LCH, said: “Over his five-year tenure, Neil has made significant contributions to both the SA and Group boards and its risk committees. On behalf of the Board and LCH’s executive team, I would like to express my gratitude for Neil’s commitment and the insight that he’s provided to LCH during this time. We wish him every success as he continues to pursue his executive career.”

For further information

Rhiannon Davies, Tel: +44 (0)20 7426 7523
Lucie Holloway, Tel: +44 (0)20 7797 1126

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About LCH

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 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.

To view this announcement as a PDF, please click here.