LCH.Clearnet Group (LCH.Clearnet) today announced that Jonathan Eliot will join the Board of Directors of LCH.Clearnet Ltd, the Group's UK Central Counterparty (CCP), as a Non-Executive Director, effective immediately.
Jacques Aigrain, Chairman of LCH.Clearnet Group said: "We welcome Jonathan Eliot as a Non-Executive Director of LCH.Clearnet Ltd. Jonathan has an extensive track record in risk management, having worked in senior positions in both buy-side and sell-side operations. I look forward to working with him as we continue to build the Group's global clearing business."
Mr. Eliot is an experienced risk practitioner, having held a number of senior risk positions in leading financial institutions. He has been Chief Risk Officer at Man Group since 2011, where he has overseen the introduction of a new, strengthened risk management framework. Previous positions include Market Risk Director at Barclays Bank from 2009 - 2010; two periods at Deutsche Bank, firstly from 2001-2003 and then from 2006 - 2007; and 14 years at JP Morgan from 1987 - 2001, where he was latterly Head of Asia Corporate Risk Management.