Considine to join LCH.Clearnet Group board
08 April 2014 New York
Image: Shutterstock
LCH.Clearnet Group has appointed Jill Considine to its board of directors. Considine will join the board on 25 April 2014. She will also serve as chair of the board directors of LCH.Clearnet LLC, the group鈥檚 US-based entity. Jacques Aigrain remains chairman of LCH.Clearnet Group.
Aigrain commented: 鈥淸Considine] brings a strong track record and deep understanding of market infrastructure, risk management and the clearing business.鈥
鈥淥ur growing business in the US reflects part of the group鈥檚 long-term strategy, and I look forward to working with [Considine] as we continue to expand our operations in this market.鈥
From 2009 to 2011 Considine was one of three trustees of the AIG Credit Facility Trust appointed by the US Treasury and Federal Reserve Bank of NY.
She also served as chairman and CEO of the Depository Trust and Clearing Corporation, and its AAA rated subsidiaries, from 1999 until 2008 and was president of the New York Clearing House Association LLC from 1993 to 1998.
Prior to these roles, Considine held an executive role and board position with American Express Bank, served as the New York State Superintendent of Banks; and served as a member of the board of the Federal Reserve Bank of New York, where she was chairman of the Audit and Operational Risk Committee.
Aigrain commented: 鈥淸Considine] brings a strong track record and deep understanding of market infrastructure, risk management and the clearing business.鈥
鈥淥ur growing business in the US reflects part of the group鈥檚 long-term strategy, and I look forward to working with [Considine] as we continue to expand our operations in this market.鈥
From 2009 to 2011 Considine was one of three trustees of the AIG Credit Facility Trust appointed by the US Treasury and Federal Reserve Bank of NY.
She also served as chairman and CEO of the Depository Trust and Clearing Corporation, and its AAA rated subsidiaries, from 1999 until 2008 and was president of the New York Clearing House Association LLC from 1993 to 1998.
Prior to these roles, Considine held an executive role and board position with American Express Bank, served as the New York State Superintendent of Banks; and served as a member of the board of the Federal Reserve Bank of New York, where she was chairman of the Audit and Operational Risk Committee.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities 麻豆影视传媒 Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities 麻豆影视传媒 Times