LSE strengthens grip on Italian post-trade assets

LSE strengthens grip on Italian post-trade assets

The London Stock Exchange has announced the appointment of post-trade business veterans Kevin Milne and Giulio Di Cerbo to the boards of Italian settlement system Monte Titoli and clearing counterparty Casa di Compenzione & Garanzia.

Milne, the LSE's director of post trade has been appointed vice chairman of both entities and will be joined by Giulio on the boards of the group's clearing and settlement companies.

Giulio, an Italian citizen living in the UK, recently joined the group as a senior adviser to its post trade division. Most recently he was managing director of Citibank Global Transaction Services where he built and led the global financial intermediaries post trade clearing and custody business which spanned over 50 countries.

The LSE named the former Xtrakter CEO Milne as director of its post-trade services division in January.

Says Milne: "Giulio will be a key adviser to the group as we build our post trade business. His active involvement on the boards of CC&G and Monte Titoli will be invaluable in transforming our prized Italian post trade assets into highly successful international businesses."

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