The London Metal Exchange (LME) today announced a number of senior leadership appointments and organizational design changes.
The LME appointments take effect on 1 April 2024.
Susan Small is appointed as General Counsel, overseeing the legal function at the LME and LME Clear. Ms Small will join in June and report to the CEOs of LME and LME Clear.
She joins from JP Morgan’s Corporate and Investment Bank (CIB) in London, where she is currently Deputy General Counsel for CIB in EMEA and head of the EMEA Market Practice Group. He holds a double degree in law and finance from the University of New South Wales in Sydney, Australia and is qualified to practice law in England and Wales, New York and New South Wales, Australia.
The Group is also creating a new role – Group Chief Financial and Administrative Officer – which will report to both LME CEOs and LME Clear. This individual will be responsible for finance, human resources, communications and facilities across both entities, helping to bring corporate functions closer to the business. The LME is in advanced discussions and an announcement will be made in due course.
Kirstina Combe, Chief Regulatory and Compliance Officer for both the LME and LME Clear, has also been appointed as Chief Risk Officer, LME. He will work closely with Matt Wade, Chief Risk Officer, LME Clear.
Finally, the LME is introducing three focused business lines – Sustainability and Physical Markets, Market Data and Trading. In addition, an enhanced Market Development function will be responsible for the ongoing strategy and organizational effectiveness of the LME.
The business lines and market development activities will be led by four existing LME senior executives who have built strong expertise in their respective areas of business:
- Georgina Hallett, who will serve as Chief Sustainability Officer and Head of Physical Markets
- Robin Martin, who will lead a strengthened Market Development function
- Kate Smith, who will lead the Market Data business line
- Jamie Turner, who will become LME’s permanent COO and head of the Trading business line.
All four individuals will report to the CEO of the LME.