The clearinghouse operator, which is majority-owned by the London Stock Exchange Group (LSEG), announced the appointment on October 27. Horkan will also continue in his role as head of North America.
This is the latest change at the top for LCH, which announced that Daniel Maguire, the former COO for LCH Group, would be taking over from CEO Suneel Bakshi on October 18.
The appointments also come at a politically sensitive time for the group. On June 13, the European Commission announced that,
Anthony and James spoke with some sources about the big acquisition of Charles River by State Street, and right now, there are more questions than answers.Subscribe to Weekly Wrap emails