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LCH.Clearnet Appoints New CEO

LCH.Clearnet has named Ian Axe as CEO of both the group holding company and the U.K. based subsidiary.

LCH.Clearnet has named Ian Axe as CEO of both the group holding company and the U.K. based subsidiary, Financial Times reports. He will succeed Roger Liddell, who has been serving as CEO since July 2006 and will retire in July 2011.

Most recently, Axe was at Barclays Capital as global head of operations and COO EMEA. Axe joined Barclays Capital in 2002 from Booz Allen Hamilton, where he was a principal in the financial services practice, advising financial institutions on strategic issues.

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