LCH names new COO
30 October 2017 New York
Image: Shutterstock
John Horkan has been named as COO of LCH, effective immediately.
Horkan, who will based in New York, will take up his new role alongside his current responsibilities as head of North America at LCH.
As COO, Horkan will work in partnership with the CEOs of LCH鈥檚 regulated CCPs to help develop and execute LCH鈥檚 integrated global strategy.
Prior to joining LCH in 2012, Horkan worked at Bank of America, first as COO of global markets sales and institutional sales, and then as managing director of its regulatory reform programme across markets, investment and corporate banking divisions.
Horkan has also worked at Merrill Lynch and J.P. Morgan.
The appointment comes just over a week after Daniel Maguire was promoted to CEO of LCH, following Suneel Bakhshi鈥檚 decision to step down.
Maguire said: 鈥淎s LCH North America head, John Horkan has played a pivotal role in enhancing relationships with our expanding US-customer base.鈥
鈥淚n his new role, Horkan will oversee the execution of our strategy including driving operational efficiency programmes as we continue to grow LCH鈥檚 global business.鈥
Horkan, who will based in New York, will take up his new role alongside his current responsibilities as head of North America at LCH.
As COO, Horkan will work in partnership with the CEOs of LCH鈥檚 regulated CCPs to help develop and execute LCH鈥檚 integrated global strategy.
Prior to joining LCH in 2012, Horkan worked at Bank of America, first as COO of global markets sales and institutional sales, and then as managing director of its regulatory reform programme across markets, investment and corporate banking divisions.
Horkan has also worked at Merrill Lynch and J.P. Morgan.
The appointment comes just over a week after Daniel Maguire was promoted to CEO of LCH, following Suneel Bakhshi鈥檚 decision to step down.
Maguire said: 鈥淎s LCH North America head, John Horkan has played a pivotal role in enhancing relationships with our expanding US-customer base.鈥
鈥淚n his new role, Horkan will oversee the execution of our strategy including driving operational efficiency programmes as we continue to grow LCH鈥檚 global business.鈥
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