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The London Metal Exchange (LME) is pleased to announce the appointment of Gonzalo Cuadra as chairman of the LME User Committee. Mr Cuadra is CEO of Chile Copper Limited and Managing Director of Codelco Services Limited.
“The User Committee is an integral and unique part of the way the LME operates,” says Garry Jones, LME CEO. “It acts as a sounding board on LME services for the Exchange’s users, and advises the LME on strategic issues.”
The User Committee was established in 2013. Mr Cuadra has served on the committee as vice-chairman since its inception.
“I will be pleased to serve as Chairman of the LME User Committee. The LME market is essential for the commercialisation of metal products. It is important that users of the LME, brokers, investors, traders and the metal industry, fully participate in and contribute to the development of its strategies, products and practices,” says Mr Cuadra.
The LME would like to thank previous chairman John Smillie for giving his time and expertise to the Committee. In recognition of his valuable contribution, the LME has granted him honorary membership of the Exchange.
Meanwhile, Stefan Boel, an executive board member at Aurubis, has resigned from the LME User Committee and has been replaced by Christophe Koenig, a senior vice-president at Aurubis. The Committee membership is now as follows:
Background:
- The LME’s corporate structure includes a number of advisory committees, comprised of industry participants. The full list of committees can be found at lme.com.
