Directorate Change

RNS Number : 6690Q
London Stock Exchange Group PLC
19 June 2015
 



19 June 2015

 

LSEG announces appointment of new Chairman

London Stock Exchange Group (the "Group") today announces that Donald Brydon CBE has

been appointed as the Group's new Chairman.

 

Following the announcement in 2014 that Dr Chris GibsonSmith, after 12 years as

Chairman, would retire from the Board in 2015 once a successor had been found, Donald

Brydon joins the Board with immediate effect and becomes Chairman, effective 1 July 2015. Dr Gibson-Smith will step down from the Board on 1 July, but will remain available to advise the Board until 31 August 2015.

 

Chris GibsonSmith said: "I am delighted that Donald will be joining the Board of London

Stock Exchange Group, and succeeding me as Chairman. His significant board experience,

knowledge of our dynamic industry and his personal qualities will be invaluable to the

ambitious, competitive, global Group that our business has now become.

 

"It has been an honour and a pleasure to have been Chairman of London Stock Exchange

Group at such a pivotal time in its long and esteemed history. The Group has transformed,

to become an international market infrastructure organisation, defined by its partnership

approach, its clear and focused strategy and its growth. I have thoroughly enjoyed working

with so many talented people within the business, and I shall look forward to continue to

watch the Group on its journey, under Donald's stewardship".

 

Donald Brydon said: "Being asked to become Chairman of one of the world's most

respected and ambitious financial organisations is a real privilege. I am looking

forward to working with a great team and playing my part in helping guide London Stock

Exchange Group to further success".

 

There are no other matters relating to the new director which would require disclosure

under Listing Rules 9.6.13R.

 

For further information, please contact:

 

Victoria Cowley                       Press Office +44 (0)20 7797 1222

newsroom@londonstockexchange.com

 

Paul Froud                              Investor Relations +44 (0)20 7797 3322



 

Notes to Editors:

About Donald Brydon, CBE

Current publicly quoted company roles

2012 - to date             Chairman, Sage Group Plc

2009 - to date             Chairman, Royal Mail Plc (retires August 2015)

Donald Brydon also currently sits on the Board of a number of private companies and charities.

 

Selected former publicly quoted company roles

Chairman - Smiths Group Plc, London Metal Exchange, Taylor Nelson Sofres, Amersham Plc and Everychild

Non-Executive Director - Scottish Power Plc, AXA UK Plc, Aberdeen UK Tracker Trust Plc,  Allied Domecq Plc

 

Selected executive career

19972002                   Chief Executive Officer, Axa Investment Managers SA

1996                            Deputy Chief Executive, Barclays de Zoete Wedd (BZW)

19941996                   Acting Chief Executive. Barclays de Zoete Wedd (BZW)

19911994                   Chief Executive and Chairman, BZW Investment Management Ltd

19881991                   Managing Director, BZW Investment Management Ltd

19861988                   Director, International, BZW Investment Management Ltd

19811986                   Director, Barclays Investment Management

 

Education

1967                            BSC Mathematical Science, University of Edinburgh

 

About London Stock Exchange Group:

London Stock Exchange Group (LSE.L) is a diversified international market infrastructure and capital markets business sitting at the heart of the world's financial community. The Group can trace its history back to 1698.

 

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 Turquoise, a panEuropean equities MTF. It is also home to one of the world's leading growth markets for SMEs, AIM. Through its platforms, the Group offers international

business and investors unrivalled access to Europe's capital markets.

 

Post trade and risk management services are a significant part of the Group's business

operations. In addition to majority ownership of multiasset global CCP operator,

LCH.Clearnet Group, LSEG operates CC&G, the Italian clearing house; Monte Titoli, the T2Sready European settlement business; and globeSettle, the Group's newly established CSD based in Luxembourg.

 

The Group is a global leader in indexing and analytic solutions. FTSE Russell offers thousands of indices that measure and benchmark markets around the world. The Group also provides customers with an extensive range of real time and reference data products, including SEDOL, UnaVista, Proquote and RNS.

 

Following the acquisition of Russell Investments, LSEG conducted a comprehensive review

of the investment management business to analyse its strategic fit with the Group. This was

concluded in February 2015, and LSEG is now exploring a sale of the business in its entirety.

London Stock Exchange Group is a leading developer of high performance trading platforms

and capital markets software for customers around the world. In addition to the Group's

own markets, over 35 other organisations and exchanges use the Group's MillenniumIT

trading, surveillance and post trade technology.         

 

Headquartered in London, with significant operations in North America, Italy, France and Sri

Lanka, the Group employs approximately 4,700 people.

 

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


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
BOAGIGDLGGBBGUC
UK 100