LSEG’s LCH SA promotes from within for new chief executive officer

New appointment will replace Christophe Hémon, who is set to step down as chief executive of LCH SA after almost 20 years.

LCH Group has appointed Corentine Poilvet-Clédière as chief executive of the firm’s Paris-based European central counterparty LCH SA.

Poilvet-Clédière will assume the role on 1 October, subject to regulatory approvals.

She will replace Christophe Hémon, who confirmed he would be stepping down as chief executive of LCH SA on 1 October – when Poilvet-Clédière assumes the role – after nearly two decades in office.

Poilvet-Clédière brings over 15 years’ experience in financial markets to the role. She currently serves as head of RepoClear and collateral management at LCH SA.

Before that, Poilvet-Clédière served as global head of regulatory strategy at LSEG, where she engaged on various strategic policy issues, particularly in post-trade.

Prior to this, she was a member of the team involved in the launch of CDSClear as governance manager at LCH SA. Elsewhere in her career, Poilvet-Clédière held positions at EY Financial Services and BNP Paribas in New York.

In her new role, Poilvet-Clédière will report to Daniel Maguire, head of post-trade at LSEG and chief executive of LCH Group.

“Corentine is a prime example of the importance LSEG places on internal mobility and progression, whereby talent is able to grow, flourish, adapt, and develop to meet the Group’s business needs,” said Maguire.

“I would also like to take this opportunity to thank Christophe for his distinguished service and leadership. As a great leader and a valued colleague, I wish Christophe all the best as he embarks on his next chapter.”

Poilvet-Clédière’s appointment follows the news that institutional-grade digital assets trading venue GFO-X entered into a strategic partnership with LCH SA to launch the UK’s first centrally cleared trading venue for derivatives in this space.

Scheduled to launch in Q4, GFO-X will offer trading in cash-settled BTC index futures and options, while the pair will provide clearing on cash-settled digital asset index derivatives.

“I’m honoured to be leading LCH SA, and I look forward to working with the team in Paris and the wider LSEG post-trade team to deliver more innovation and efficiencies to our customers and the markets we serve,” said Poilvet-Clédière.