LCH SA has appointed Corentine Poilvet-Clédière as its new chief executive, replacing Christophe Hémon who is standing down from the leadership role at the Paris-based clearing house.
Poilvet-Clédière will take over as CEO from 1 October, subject to regulatory approval, and will step up from her current position as LCH SA’s head of RepoClear and collateral management.
She will report to LCH Group chief executive and London Stock Exchange Group (LSEG) head of post trade Daniel Maguire.
With close to 15 years’ experience in financial services, Poilvet-Clédière was previously global head of regulatory strategy at LSEG and was centrally involved in the launch of CDSClear, the clearing service for credit default swaps, during her term as LCH SA’s governance manager.
She has also worked for EY Financial Services and for BNP Paribas in New York.
Commenting on the appointment, LSEG CEO Danny Maguire says: “Corentine is a prime example of the importance LSEG places on internal mobility and progression, whereby talent is able to grow, flourish, adapt and develop to meet the Group’s business needs.
“I look forward to continuing to work with her as we expand our multi-asset class offering, and deliver new products and services across LCH SA, the leading EU-based clearing house.
“I would also like to take this opportunity to thank Christophe for his distinguished service and leadership. He has expertly led LCH SA for many years through multiple market events and has overseen substantial growth of the business.”
Corentine Poilvet-Clédière says: “I’m honoured to be leading LCH SA, and I look forward to working with the team in Paris and the wider LSEG Post Trade team to deliver more innovation and efficiencies to our customers and the markets we serve.
“Having spent many years at LSEG, I know the key role that LCH plays in providing resilient and systemically important risk management services to global customers across asset classes. I look forward to building on the excellent foundations laid under Christophe’s leadership and lead LCH SA through its next stage of growth.”
Outgoing chief executive of LCH SA, Christophe Hémon, adds: “It has been a privilege to lead LCH SA as CEO for almost 20 years, working with my team to provide market leading clearing services to customers around the world. Having worked with Corentine for many years, I know first-hand that she is a talented leader and I wish her the greatest success.”
