LCH has appointed Isabelle Girolami as its CEO, effective November 1.
Based in London, Girolami will report to Daniel Maguire, CEO of LCH Group. In this role, she will be responsible for driving continued expansion across LCH’s services, which run across asset classes including interest rate derivatives, FX, equities and fixed income.
Girolami’s appointment follows the decision by Martin Pluves to step down on 31 July as CEO of LCH in order to join the FICC Markets Standards Board (FMSB) as its new CEO. In the interim period until Girolami joins, Maguire will serve as CEO of LCH in addition to his other responsibilities heading the LCH Group.
Maguire comments: “I am delighted to welcome Isabelle Girolami to LCH Group. As a proven leader, Isabelle brings extensive experience in managing high calibre global teams operating across a number of asset classes. She is well-known in the financial markets and has an outstanding track record in Europe, in addition to significant experience in Asia. I would also like to take this opportunity to thank Martin for his significant contributions to the growth and development of LCH.”
Girolami says: “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.”
Girolami joins LCH from Crédit Agricole, where she most recently served as deputy CEO of its corporate and investment banking business. Prior to joining the French bank in 2015, she spent seven years at Standard Chartered, both in London and Singapore, latterly serving as co-head of the wholesale bank ASEAN and head of financial markets ASEAN. Earlier in her career, she held senior positions at Bear Stearns and BNP Paribas.