Nikhil Rathi Appointed CEO of London Stock Exchange Plc

Today London Stock Exchange Group announces that Nikhil Rathi has been appointed CEO of London Stock Exchange Plc(“LSE Plc”), effective immediately. Mr. Rathi succeeds Alexander (“JJ”) Justham who informed the Group of his decision to leave the Group earlier this year. Mr. Justham will ensure a seamless transition to Mr. Rathi.

Mr. Justham served as CEO of London Stock Exchange Plc (“LSE Plc”) since June 2012 and had Group-wide responsibility for Regulatory Strategy, Government and Public Affairs, and UK Regulation.

Xavier Rolet, CEO, London Stock Exchange Group, said:

“During the last three years, JJ has led our UK business, which enjoys a strong market share as one of the leading trading and listing venues in the world. I would like to warmly extend my personal thanks to JJ for his great contribution and wish him all the best for the future.”

Mr. Rathi joined the Group as Chief of Staff and Director of International Development in May 2014. Mr. Rathi will continue to serve as Director of International Development for the Group and as a member of the LSEG Executive Committee. Prior to joining LSEG, Mr. Rathi worked in the UK Treasury, where he held a number of senior roles for eleven years, including as Director of the Financial Services Group representing the UK Government's financial services interests in the EU and internationally.

Xavier Rolet, CEO, London Stock Exchange Group, said:

“During the last year, Nikhil has played a key role driving the Group’s strategy in key markets, such as China and India as well as supporting key integration projects across the Group. I’m confident that under Nikhil’s leadership, London will continue to be the premier global market for both domestic and international companies that are attracted to London’s unrivalled international investor base and deep pool of liquidity when raising capital to grow their businesses.”
 

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For further information: 

Media

 

Tom Gilbert

Ramesh Chhabra

+44 (0)20 7797 1222

newsroom@lseg.com

Notes to editors:

Biography of Nikhil Rathi

Mr Rathi joined LSEG in May 2014 as Director of International Development and Chief of Staff, as well as a member of the LSEG Executive Committee. He joined LSEG from the UK Treasury, where he held a number of senior roles over the course of eleven years. Most recently, he was Director of the Financial Services Group, representing the UK Government's financial services interests in the EU and internationally. In that role, he served as the UK representative on the EU Financial Services Committee and led a number of legislative negotiations. Prior to that, he was Head of the Financial Stability unit, overseeing a number of the UK's financial stability interventions during the crisis. He also served as Private Secretary to the UK Prime Minister for three years from 2005 to 2008. Mr. Rathi grew up in Barrow-in-Furness, Cumbria and studied at Oxford University. He is married with two children.

About London Stock Exchange Group:

London Stock Exchange Group (LSE.L) is a diversified international market infrastructure and capital markets business sitting at the heart of the world's financial community. The Group can trace its history back to 1698.

The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, a pan-European equities MTF. It is also home to one of the world’s leading growth markets for SMEs, AIM. Through its platforms, the Group offers international business and investors unrivalled access to Europe's capital markets.

Post trade and risk management services are a significant part of the Group’s business operations. In addition to majority ownership of multi-asset global CCP operator, LCH.Clearnet Group, LSEG operates CC&G, the Italian clearing house; Monte Titoli, the T2S-ready European settlement business;  and globeSettle, the Group’s newly established CSD based in Luxembourg.

The Group is a global leader in indexing and analytic solutions. FTSE and Russell Indexes offer thousands of indices that measure and benchmark markets around the world.  The Group also provides customers with an extensive range of real time and reference data products, including SEDOL, UnaVista, Proquote and RNS.

Following the acquisition of Russell Investments, LSEG conducted a comprehensive review of the investment management business to analyse its strategic fit with the Group. This was concluded in February 2015, and LSEG is now exploring a sale of the business in its entirety.

London Stock Exchange Group is a leading developer of high performance trading platforms and capital markets software for customers around the world. In addition to the Group’s own markets, over 35 other organisations and exchanges use the Group’s MillenniumIT trading, surveillance and post trade technology.

Headquartered in London, with significant operations in North America, Italy, France and Sri Lanka, the Group employs approximately 4,700 people.

Further information on London Stock Exchange Group can be found at www.lseg.com