London Metal Exchange has named Stuart Sloan and Catherine
Lester as senior members of the management team, responsible
for operations and finance, respectively.
Sloan, who has been
appointed chief operating officer and head of strategy, will
join the LME from NYSE Euronext Inc., where he was head of
strategic development and chief of staff for NYSE Liffe.
The chief operating
role at the LME was previously performed by Diarmuid
OHegarty, in addition to his duties as deputy chief
executive officer. OHegarty announced his resignation
from the LME in August and will leave in February (
amm.com, Aug. 27).
"Stuart brings with
him extensive knowledge and experience of markets and their
infrastructure through his 20 years at the NYSE, and is an
excellent addition to our senior management team," LME chief
executive officer Garry Jones said in a statement.
Lester, who joins from
PricewaterhouseCoopers LLP, will serve as chief financial
officer of the LME, reporting to Jones and Hong Kong Exchanges
& Clearing Ltd. (HKEx) chief financial officer Paul
Kennedy, the LME said Jan. 6.
Lester will take over
from interim chief financial officer Matt Cowan.
substantial financial and management expertise to the LME
senior team, and will be a key member of the LME executive
committee," Jones said.
A version of this
article was first published by AMM sister publication Metal