From an executive background at IG Group and AFX Capital, Rachel Clark is appointed a directorship position at Lloyds Bank

Former COO of British spread betting company AFX Capital Rachel Clark has moved from HSBC to Lloyds Banking Group PLC (LON:LLOY) this week, where she has assumed the position of Business Manager to the Managing Director of Financial Markets.

As directorship position, this represents the next move in Ms. Clark’s career within the upper echelons of London’s financial giants.

Ms. Clark began her career in London’s FX industry in April 2005 as a Sales Trader at IG Group, before being promoted in September 2007 to International Business Development Manager at the company.

Before joining IG Group, Ms. Clark spent almost three years in the banking sector as a Credit Risk Analyst, firstly at Bankgeshellschaft in Berlin, followed by a year and a half at Deutsche Bank.

Educated at Loughborough University in the British midlands, Ms. Clark completed a two year internship at Cantor Fitzgerald and Cantor Index.

In September 2010, Ms. Clark became Business Marketing Manager, before leaving IG Group Holdings plc (LON:IGG) in July 2012 to become Chief Operating Officer at AFX Capital, where she oversaw the diversification of the company’s operations into new institutional mandates, and the development of in-house trading systems as well as having been the responsible person for liaison with the Financial Services Authority (now the Financial Conduct Authority).

Leaving AFX Capital at the end of 2013, Ms. Clark became VP of Workforce Management and Planning at HSBC, where she worked within the global risk division, responsible for matters relating to financial crime compliance and regulatory adherence, before leaving the firm in September this year to commence her new senior executive position at Lloyds Banking Group.