LCH.Clearnet management shuffle comes amid CEO's departure

LCH.Clearnet has named Jacques Aigrain, its nonexecutive chairman, as its temporary executive chairman while it searches for a new leader. Meanwhile, Michael Davie, CEO of LCH's SwapClear business, will become CEO of the company's operations in the U.K. The shuffling comes with this week's departure of CEO Ian Axe, who announced his intentions in July.

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