LCH has announced the appointment of Isabellle Girolami as its new chief executive for its London-based clearing house, following the departure of incumbent Martin Pluves.
Girolami will reporting directly to LCH Group CEO Daniel Maguire, with responsibility for expanding the clearing house’s growth strategy across its business lines, including services for interest rate derivatives, FX, equities and fixed income.
“LCH has an impressive track record of partnering with the markets that it serves, in order to drive innovation and provide best-in-class risk management. Its open access approach and strong customer focus are unique, and I’m honoured to be asked to lead LCH Ltd for the next stage of its growth,” commented Girolami.
Most recently, Girolami held the position of deputy CEO of French bank Credit Agricole’s corporate and investment banking division, having joined the institution in 2015 as global head of financial markets.
Prior to this, Girolami spent seven years with Standard Chartered Bank from 2008 to 2015, and held previous roles at Bear Stearns and BNP Paribas.
She will replace the current LCH chief executive, Martin Pluves, who is due to step down from the position on 31 July to pursue other opportunities.