LME names ex-NYSE Liffe leader as chief exec

Aug 27, 2013 | 10:36 AM | Shivani Singh

Tags  LME, London Metal Exchange, HKEx, Hong Long Exchanges & Clearing, Garry Jones, Martin Abbott, Diarmuid O’Hegarty, Bonnie Liu Charles Li

SINGAPORE — Garry Jones, the former head of NYSE Liffe, has been named the new chief executive officer of the London Metal Exchange, replacing Martin Abbott.

Diarmuid O’Hegarty, the LME’s deputy chief executive officer and a candidate for the top job, has submitted his resignation, according to the LME and owner Hong Kong Exchanges & Clearing Ltd. (HKEx).

Jones, who left NYSE Liffe in 2012, is expected to start in his new role Sept. 30, HKEx and LME said.

Challenges facing Jones include steering the LME through changes to its under-fire warehousing regime and ensuring the LME is better placed to grow its Chinese business.....

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