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Stuart Sloan and Catherine Lester join LME

06 January 2014  |  2206 views  |  0 Source: London Metal Exchange

The London Metal Exchange (LME) is pleased to announce two appointments to its senior management team. Stuart Sloan and Catherine Lester have joined the LME as Chief Operating Officer and Head of Strategy, and Chief Financial Officer respectively.

As COO, Stuart Sloan will be responsible for much of the operation of the LME and will work with the senior management team in determining its future direction. Stuart joins the LME from NYSE Euronext - now part of ICE - where he was part of the management team of the NYSE Liffe derivatives business for nearly 20 years. As Head of Strategic Development he led the Exchange's strategy function and was Chief of Staff for NYSE Liffe. His experience includes strategic work on the establishment of an independent clearing function for NYSE Liffe, and recent work on the creation of a benchmark administration business. Stuart joined Liffe in 1994, and holds a BA in French and Philosophy from Southampton University and a Masters in Finance from London Business School.

As CFO, Catherine Lester will be responsible for oversight of all financial functions within the LME. Catherine joins from PricewaterhouseCoopers where she was a Director in Assurance, focusing on insurance and investment management clients, including a number of high-profile international and listed companies. Catherine joined PWC in 2002, and holds a BA in Geography from Manchester University.

Stuart will report to the LME Chief Executive, Garry Jones and Catherine will report to Garry Jones, and Paul Kennedy, Group CFO of HKEx.

Garry Jones, Chief Executive of the LME said: "I'm delighted to welcome both Stuart and Catherine to the LME. Stuart brings with him extensive knowledge and experience of markets and their infrastructure through his 20 years at the NYSE and is an excellent addition to our senior management team. Catherine adds substantial financial and management expertise to the LME senior team, and will be a key member of the LME Executive Committee."

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