LCH.Clearnet, the Anglo-French clearing house,
announced on February 15 that Ian Axe would take over as its
chief executive in April.
Last summer, Roger Liddell announced he was stepping down as
head of LCH after four years. Axe is global head of operations
and chief operating officer for EMEA at Barclays Capital.
"Ian has a broad background. He has built successful
businesses, as well as run them," said Jacques Aigrain,
LCH.Clearnet’s chairman, when asked what
Axe’s background in operations would offer the
group. "He brings a hands-on experience in the clearing field
from the users’ and clients’
perspective. It is this breadth, combined with his in-depth
understanding of the financial sector, which will be of great
service to the group in the coming years."
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