Directorate Change

RNS Number : 2502P

London Stock Exchange Group PLC

15 August 2014

 



15 August 2014

LONDON STOCK EXCHANGE GROUP PLC

Non-Executive Director Appointed to THE board of directors of London Stock Exchange group plc

London Stock Exchange Group plc (LSEG) today announces that Sharon Bowles will join the LSEG Board as a Non-Executive Director with immediate effect. 

This appointment brings the Group deep experience in UK and European politics, economics and regulation impacting the market infrastructure sector.

Chris Gibson-Smith, Chairman of LSEG, commented:

"We warmly welcome Sharon to the Board.  Sharon brings extensive knowledge of European political and regulatory trends impacting our business.  Her experience and insight will be of great value to the Group, as we operate in an increasingly complex and evolving regulatory environment. I look forward to working with her."

Sharon Bowles was a Member of the European Parliament from 2005 - 2014, serving on the Economic and Monetary Affairs (ECON) and the Legal Affairs Committees. She chaired ECON from 2009 - 2014, putting her at the heart of the EU's response to the financial and Eurozone crisis  dealing with all of the new and complex financial services legislation for markets, infrastructure, banking, corporate governance and accounting as well as competition policy, economic governance, monetary policy and public oversight of the European Central Bank.

During her distinguished career as an MEP, Sharon played a significant role shaping European policy impacting financial sector regulation, including the key second Markets in Financial Instruments Directive (MIFID II).

Sharon has an academic and professional background in engineering, physics and mathematics and was a partner in Bowles Horton, a firm of European Patent and Trade Mark Attorneys that she founded in 1981. She has acted for a range of leading technology companies in UK, US and Japan and has extensive experience of commercial negotiation and legal systems.

There are no other matters relating to the new directors which would require disclosure under Listing Rules 9.6.13R.

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For further information, please contact:

Gavin Sullivan	Press Office [phone] [e-mail]
Paul Froud	Investor Relations [phone]

NOTES TO EDITORS:

Sharon Bowles

2005 to 2014   EUROPEAN PARLIAMENT BRUSSELS

2009 to 2014:

MEP & Chairman, Economic & Monetary Affairs Committee

Substitute member, Legal Affairs Committee

Substitute member, US Delegation

Rapporteur

Appointment of President of the ECB

Appointment of Vice President of the ECB

Appointment of Executive Board Member of the ECB (six times)

Appointment of Chair and vice Chair of the ECB Supervisory Board

Appointments of ESA Chairs (three)

Appointment of ESA Executive Directors (three)

European System of National and Regional Accounts

Capital shares for EBRD

Refund of VAT

2005 -2009:

Member of the European Parliament

Member of Economic and Monetary Affairs Committee (ECON)

Substitute member of the Legal Affairs Committee (JURI)

Member ASEAN Delegation

Rapporteur

Fight against Fiscal Fraud

European Statistical Governance Board

Purchasing Power Parities

1981-2005 BOWLES HORTON

Partner & Founder, European patent attorney

1978-1981 BOULT WADE & TENNANT & FORRESTER KETLEY

Trainee, Patent Attorney

1974-1978 UNIVERSITY OF OXFORD

Research, Department of Metallurgy

Education:

1974    University of Reading, BSc, Physics

About London Stock Exchange Group: 

London Stock Exchange Group (LSE.L) is a diversified international exchange Group that sits at the heart of the world's financial community. The Group can trace its history back to 1801.

The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and the pan-European equities platform, Turquoise. Through its markets, the Group offers international business, and investors, unrivalled access to Europe's capital markets.

Post trade and risk management services are a significant and growing part of the Group's business operations. LSEG operates CC&G, the Rome headquartered CCP and Monte Titoli, the significant European settlement business, selected as a first wave T2S participant. The Group is also a majority owner of leading multi-asset global CCP, LCH.Clearnet.

The Group offers its customers an extensive range of real-time and reference data products, including Sedol, UnaVista, Proquote and RNS. FTSE calculates thousands of unique indices that measure and benchmark markets and asset classes in more than 80 countries around the world.

London Stock Exchange Group is also a leading developer of high performance trading platforms and capital markets software. In addition to the Group's own markets, over 30 other organisations and exchanges around the world use the Group's MillenniumIT trading, surveillance and post trade technology.

Headquartered in London, United Kingdom with significant operations in Italy, France, North America and Sri Lanka, the Group employs approximately 2,800 people.

Further information on London Stock Exchange Group can be found at: www.lseg.com 

 

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