David Shalders to assume role of COO of London Stock Exchange

Maria Nikolova

Mr Shalders will become COO in addition to Chief Integration Officer and a member of the LSEG Executive Committee.

London Stock Exchange Group plc (LSEG plc) has earlier today announced a raft of executive changes.

Chris Corrado, Chief Information Officer (CIO) and Chief Operating Officer (COO) of LSEG has informed the Group of his intention to leave the Group to pursue other professional opportunities. Chris Corrado is set to leave LSEG at the end of the first quarter of 2020.

Anthony McCarthy, CIO, LCH will assume the role of CIO of LSEG and will join the LSEG Executive Committee, effective January 1, 2020.

David Shalders

David Shalders will assume the role of COO, LSEG on January 1, 2020 in addition to his responsibilities as Chief Integration Officer and a member of the LSEG Executive Committee. Let’s recall that, in October this year, interdealer broker TP ICAP PLC (LON:TCAP) announced that David Shalders will step down from its Board of Directors.

Mr Shalders was Group Operations & Technology Director at Willis Towers Watson plc, responsible for IT, operations, real estate and change management functions. Mr Shalders joined Willis Towers Watson from the Royal Bank of Scotland Group where he served for over a decade in senior operations and IT roles, most recently as Global Chief Operating Officer for Global Banking and Markets. He also led the division’s regulatory response to Basel 3. Prior to that, he led the Group’s integration with ABN Amro and held roles as Head of London and Asia Operations and Head of Derivative Operations for NatWest.

David Schwimmer, CEO, LSEG said:

“During his four years with LSEG, Chris has successfully further developed the Group’s technology infrastructure and operational resilience capabilities. Chris has attracted a talented group of technology leaders, which allows us to transition the function seamlessly into experienced hands. We wish Chris all the best with his future endeavours. We are delighted that Anthony and David will assume the roles of CIO and COO, respectively, bringing deep technology and operations experience to their new positions.”

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