LCH.Clearnet has promoted Daniel Maguire to global head of SwapClear, its interest rate swap clearing business.
Maguire replaces Michael Davie, who will focus on his role as CEO of LCH.Clearnet. Maguire will report to Davie and will also join LCH.Clearnet Group’s executive committee.
Most recently, Maguire was the head of SwapClear in the US and global head of product and marketing, where he spearheaded SwapClear’s development into client clearing.
Originally joining LCH.Clearnet in 1999, he returned to the firm in 2008 having spent three years at JPMorgan Chase, working in the global commodity exotics and hybrids business.
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