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London Stock Exchange Group (the “Group”) today announces the appointments of Professor Lex Hoogduin as Non-Executive Director and David Nish as Independent Non-Executive Director to its Board, effective immediately.
Professor Lex Hoogduin is currently Chairman of LCH.Clearnet Group Limited. Professor Hoogduin previously served as Executive Director at De Nederlandsche Bank (DNB) from January 2009 until July 2011, where his responsibilities included economic policy and research, financial stability, financial markets, statistics and payment, clearing and settlement systems. He has also held a number of economic advisory positions as Chief Economist at Robeco, Managing Director of the IRIS research institute and advisor to the first president of the ECB.
David Nish was the Chief Executive Officer of Standard Life Plc from January 2010 to September 2015. He joined the company as Group Finance Director in November 2006. Mr. Nish was previously the Group Finance Director of Scottish Power plc from 1999 to 2005 and a former Partner at Price Waterhouse. He is a Non-Executive Director of the UK Green Investment Bank Plc and, with effect from 1 January 2016, Vodafone Group plc. Previously, he has been a Non-Executive Director of Northern Foods plc, Thus plc, HDFC Life (India) and was Deputy Chairman of the Association of British Insurers.
Donald Brydon, Chairman, London Stock Exchange Group said:
“I am delighted to welcome Lex Hoogduin and David Nish to the Group Board. Both bring additional financial and capital markets experience to the Board, which will be of great value to the Group as we continue to strengthen our position as a leading, global markets infrastructure provider.”
There are no other matters relating to the new directors which would require disclosure under Listing Rules 9.6.13R.
