Directorate Change

RNS Number : 7900W

London Stock Exchange Group PLC

28 April 2021

 

28 April 2021

London Stock Exchange Group Directorate Changes

London Stock Exchange Group plc (LSEG) today announces that Tsega Gebreyes and Ashok Vaswani will join the Board as Independent Non-Executive Directors, effective 1 June 2021. Tsega will join the Risk and Remuneration Committees and Ashok the Audit and Risk Committees. They will both also join the Nomination Committee.

Don Robert, Chairman, London Stock Exchange Group, said:  

"I am delighted to welcome Tsega and Ashok to the Board. Both bring deep financial services and commercial experience in senior roles world-wide, which will be of great benefit to the Group as we continue to develop our global business and capitalise on the digital transformation of financial markets infrastructure."

Tsega is currently Founding Partner at Satya Capital LLP, an independent investment group focused on providing long-term growth capital. Prior to founding Satya Capital, she held a variety of senior roles at Zain Group, a leading mobile telecommunications provider in the Middle East and North Africa. She is currently Vice Chair and Chair of the Finance Committee at SES SA.

Ashok is currently Chief Executive Officer, Global Consumer Banking & Payments at Barclays plc, where he has spent the last eleven years in a variety of CEO roles including as Chief Executive Officer for Barclays UK. Prior to this he was a Partner at Brysam Global Partners LLC and has also held a number of senior roles with Citigroup Inc.

Separately, Jacques Aigrain and Stephen O'Connor, Chair of the Remuneration Committee and Senior Independent Director (SID) respectively, will have served nine years on LSEG's Board in 2022. It is proposed that Jacques and Stephen will step down before the AGM in 2022 and that Cressida Hogg will become Chair of the Remuneration Committee with effect from 22 October 2021 and SID when Stephen steps down from the Board.

There are no other matters which require disclosure under Listing Rules 9.6.13R.

- Ends -

For further information:

Media: Lucie Holloway / Rhiannon Davies	[phone]
Investor Relations: Paul Froud	[phone]

Notes to the Editor:

Tsega Gebreyes

Executive Career:
2007 to date	Satya Capital LLP
2018 to date	Founding Partner
2000 - 2007	Celtel International B.V/ Zain Group
2007 - 2016	Senior Group Adviser, Zain Africa BV
2005 - 2007	Chief Strategy & Development Officer, Celtel International
2003 - 2005	Chief Business Development and Mergers & Acquisitions Officer, Celtel International
2000 - 2003	Director, Mobile Commerce and New Product Development, Celtel International
1996 - 2000	New Africa Opportunity Fund LLP
	Founding Partner
1995 - 1996	McKinsey & Co
	Associate
1990 - 1994	Citigroup Inc.
	Associate, Capital Markets, Citicorp Securities Inc Associate, Corporate Finance and Restructuring, Citicorp Securities Inc Special Projects, Junior Transactor, Citicorp Securities Inc
Non-Executive Career:
2013 to date	SES SA
2019 to date	Vice Chair and Chair of Finance Committee
2013 - 2019	Non-Executive Director
2015 - 2019	Sonae SA
	Non-Executive Director
2013 - 2018	ISON Group
	Non-Executive Director
2009 - 2015	Hygeia Nigeria Ltd
	Non-Executive Director
2009 - 2010	Save the Children UK
	Trustee
1998 - 2000	Celtel International B.V.
	Non-Executive Director
Education & Qualifications:
1996	MBA, Harvard Business School
1990	BA, Economics and International Studies, Rhodes College

Ashok Vaswani

Executive Career:
2010 to date	Barclays plc
2019 to date	Chief Executive Officer, Global Consumer Banking & Payments
2016 - 2019	Chief Executive Officer, Barclays UK
2014 - 2016	Chief Executive Officer, Personal & Corporate Banking
2012 - 2014	Chief Executive Officer, Retail & Business Banking
2011 - 2012	Chief Executive Officer, UK Retail & Business Banking
2010 - 2011	Chief Executive Officer, Africa
2010	Chief Executive Officer, Barclaycard Europe
2007 - 2009	Brysam Global Partners LLC
	Partner
1987 - 2007	Citigroup Inc.
2004 - 2007	Chief Executive Officer, Citigroup Asia Pacific Consumer Bank, Singapore and Member of Citigroup Operating & Management Committee
2001 - 2004	Chief Administrative Officer and Chief Financial Officer, CitiCards
2000 - 2001	Chief Marketing Officer, Central Europe, Middle East & Africa
1999 - 2000	Division Executive, Turkey, Middle East & Africa
1999 - 2000	Cards Product Manager, CEEMEA (concurrent)
1997 - 1999	Country Manager, Turkey
1994 - 1997	Cards Manager, Turkey
1992 - 1994	Cards Manager, UAE
1990 - 1992	Chief Financial Officer, UAE, Oman, Bahrain
1988 - 1990	Area Manager, Non-Resident Indian Business
1987 - 1988	Chief Financial Officer, Non-Resident Business
1985 - 1987	AF Ferguson & Company
	Consultant
Education & Qualifications:
1984	Institute of Chartered Accountants in India, 1984
1981	BComm, Economics and Accountancy, Sydenham College of Economics, 1981

 

END

 

 

BOABCGDSSSDDGBR