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03 December 2014
London
Reporter Becky Butcher

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LCH.Clearnet makes executive changes

LCH.Clearnet Group has appointed two new senior executives, with Michael Davie becoming group COO and Martin Pluves taking up the role of central counterparty CEO.

The new roles will become effective from 1 January.

As group COO, Davie will be responsible for the LCH.Clearnet’s global product and business development activities, including strategy and delivery.

He will also be responsible for overseeing innovation, industry insight and for managing certain key relationships.

CCP CEO Pluves will continue a close partnership with Davie in his new role and will report directly to Suneel Bakhshi, who is group CEO.

Bakhshi commented: “Over the past four years, Davie’s leadership has been instrumental in the development and execution of the group’s strategy, and Pluves brings to the role of CCP CEO a wealth of experience and industry expertise.”

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