He assumes this role in addition to his current responsibilities as Global Head of Rates & FX Derivatives.

As COO, Daniel will be responsible for achieving new business growth, maintaining existing customer relationships and driving innovation and efficiency across the Group, while ensuring LCH’s risk and resilience is fully safeguarded. Building on his strong track record of innovation, delivery and control in his current role, Daniel will also be responsible for the development of an integrated global product strategy and its execution, working in partnership with the CEOs of our regulated CCPs, the Group Chief Risk Officer and other relevant function heads.

Suneel Bakhshi, CEO of LCH Group said: "I am delighted to announce Daniel’s appointment as LCH Group’s new Chief Operating Officer. Over the past few years, Daniel has been instrumental in driving growth in our OTC clearing services, SwapClear and ForexClear as well as innovative new products such as compression services and SwapAgent. Daniel is well placed to expand on this success in his new role working in partnership with LCH’s senior management team and our members to grow our global business.”