LME Clear has announced the appointments of Chris Jones as Chief Operating Officer (COO), Matt Wade as Chief Risk Officer (CRO) and Paul Kirkwood as Head of Clearing Risk.
The appointments are effective immediately, with the COO and CRO roles subject to regulatory approval.
Chris Jones joined LME Clear in 2013 as CRO before becoming LME Group CRO in 2017. He has a deep understanding of the LME Clear business and several decades of market and clearing experience. Chris will oversee all LME Clear operations.
Matt Wade has been with LME Clear for 10 years as Head of Clearing Risk and has over 30 years of market and risk experience, enabling him to lead all aspects of the LME Clear Risk function, which includes commercial, financial and businesses risk.
Paul Kirkwood, previously Head of Market Risk for 10 years, succeeds Matt as Head of Clearing Risk and will oversee all frontline clearing risk functions.
All three will report directly to Michael Carty, CEO of LME Clear, and will sit on LME Clear’s Executive Committee.
Commenting on the new appointments, Michael Carty said:
“I am delighted to announce these new appointments, which will ensure that LME Clear is in a strong position as we take our strategy forward, using the significant talent we have at LME Clear to advance our vision and support the our customers in 2024 and beyond. .”