Euronext has confirmed the appointed of a new chief executive for its business in London following Lee Hodgkinson’s departure at the beginning of the year.
Chris Topple will take up the role as CEO of Euronext London from 15 October this year, and joins the exchange operator from Societe Generale Prime Services, where he most recently oversaw the prime brokerage and clearing services sales teams globally within the bank’s Newedge Group.
Topple joined Societe Generale’s Newedge Group from Lehman Brothers after five years as co-head of prime brokerage sales.
He also worked at JP Morgan between 1993 and 2005 in various roles, including global head of electronic trading sales for fixed income, head of fixed income prime brokerage sales in Europe and head of European clearing sales.
“[Topple’s] deep knowledge of the industry and experience in managing sales and generating revenues both within established and start-up environments will be a great addition to the team as we continue the transformation of Euronext into an agile, ambitious and successful market operator,” said Euronext CEO and chairman, Stéphane Boujnah.
The new appointment follows Lee Hodgkinson’s departure earlier this year for a role at London-based proprietary trading firm, OSTC, as its new chief executive officer. Hodgkinson was formerly Euronext London CEO and head of markets and global sales at the exchange where he worked for nine years.
In the interim Paul Humphrey, Euronext’s head of fixed income, rates and foreign exchange, was appointed London CEO as the exchange looked for a permanent replacement. Humphrey will retain his current role once Topple joins Euronext later this year.
“There are many opportunities for a European exchange as successful and innovative as Euronext, and for that reason I am thrilled to be part of a team that is making a real difference in shaping the market structure going forward,” Topple commented.
“I am also looking forward to contributing to the growth and the strong ambitions of Euronext, while continuing to focus on clients as a central tenet of our strategy.”