LCH.Clearnet makes executive changes
03 December 2014 London
Image: Shutterstock
LCH.Clearnet Group has appointed two new senior executives, with Michael Davie becoming group COO and Martin Pluves taking up the role of central counterparty CEO.
The new roles will become effective from 1 January.
As group COO, Davie will be responsible for the LCH.Clearnet鈥檚 global product and business development activities, including strategy and delivery.
He will also be responsible for overseeing innovation, industry insight and for managing certain key relationships.
CCP CEO Pluves will continue a close partnership with Davie in his new role and will report directly to Suneel Bakhshi, who is group CEO.
Bakhshi commented: 鈥淥ver the past four years, Davie鈥檚 leadership has been instrumental in the development and execution of the group鈥檚 strategy, and Pluves brings to the role of CCP CEO a wealth of experience and industry expertise.鈥
The new roles will become effective from 1 January.
As group COO, Davie will be responsible for the LCH.Clearnet鈥檚 global product and business development activities, including strategy and delivery.
He will also be responsible for overseeing innovation, industry insight and for managing certain key relationships.
CCP CEO Pluves will continue a close partnership with Davie in his new role and will report directly to Suneel Bakhshi, who is group CEO.
Bakhshi commented: 鈥淥ver the past four years, Davie鈥檚 leadership has been instrumental in the development and execution of the group鈥檚 strategy, and Pluves brings to the role of CCP CEO a wealth of experience and industry expertise.鈥
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