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Former Swiss Re boss to chair LCH.Clearnet

23 April 2010

Jacques Aigrain will be the next non-executive chairman of LCH.Clearnet, the clearing house, starting on April 6.

Read more: [Jacques Aigrain] [LCH.Clearnet] [Swiss Re]

He replaces Chris Tupker, who has held the job since July 2006. Tupker announced in September his intention to step down. He was then aged 65. LCH.Clearnet had hoped to find a replacement by the end of December.

Aigrain had been chief executive of Swiss Re, the reinsurance company, for three years until he resigned in February 2009 after the company made a record full year loss for 2008 of Sfr860m. Swiss Re was then forced to take a Sfr3bn cash injection from Berkshire Hathaway....


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