Executive Team

David Schwimmer
Group CEO

David Schwimmer is CEO of London Stock Exchange Group and a member of the Board of LSEG plc. Prior to joining the Group in August 2018, he spent twenty years at Goldman Sachs where he held a number of senior roles, most recently as Global Head of Market Structure and Global Head of Metals & Mining. During his tenure, he also served as Chief of Staff to Lloyd Blankfein, who was then President and COO of Goldman Sachs, and also spent three years in Russia as Co-Head of Russia/CIS. Prior to joining Goldman Sachs, he practiced law at Davis Polk & Wardwell. He holds a B.A. from Yale University, and post graduate degrees in law (JD) and international affairs (MALD) from Harvard University and The Fletcher School of Law and Diplomacy, respectively.

David Warren
Group Chief Financial Officer

David was appointed Chief Financial Officer and joined the Board as a Director on 2 July 2012. He also served as Interim CEO and Group CFO from 29 November 2017 to 31 July 2018.  Previously, David spent 9 years as CFO at Nasdaq OMX, where he was responsible for all financial operations. This was followed by two further years as a Senior Adviser to the CEO. Before joining Nasdaq OMX, David, had already held a number of senior finance roles, including 7 years at Credit Suisse First Boston.

 

Raffaele Jerusalmi
Chief Executive Officer, Borsa Italiana and Group Director of Capital Markets, LSEG

Appointed to the Board in June 2010. In addition to his role as Director of Capital Markets, Raffaele was appointed Chief Executive Officer of Borsa Italiana S.p.A. in April 2010. He is also Institore of the LSEGH (Italy) group of companies. Prior to joining Borsa Italiana in 1998, he was head of trading for Italian fixed income at Credit Suisse First Boston from 1993 to 1998. From 1996 he was member of the proprietary trading group in London. From 1997 to 1998 he was a Board Member of MTS S.p.A., representing Credit Suisse First Boston and from 1989 to 1993 was head of trading for the fixed income and derivatives divisions at Cimo S.p.A. in Milan.

 

Anthony McCarthy
Group CIO

Anthony (Tony) was appointed Group CIO in January 2020. He was CIO for LCH Group and Ltd from October 2017 until December 2019 where he was accountable for the provision of IT services in each CCP. Previously Tony was a Managing Director in IT at Deutsche Bank and was the Group CIO for the bank from March 2011 to November 2013. Before this, he was the CIO for Investment Banking Technology within Deutsche Bank’s Corporate and Investment Bank (CIB). He spent his first 12 years with the bank based in New York, and his last five up to July 2014 based in London. Prior to joining Deutsche Bank in 1997, Tony worked at Morgan Stanley for 12 years during which time he had a five-year assignment in Tokyo, from where he assumed the role of Head of Far East IT for three of those years. Tony received a BS in Chemical Engineering from Clarkson University and an MBA from the State University of New York at Albany.

Diane Côté
Chief Risk Officer

Diane Côté was appointed Chief Risk Officer and joined the Executive Team on 1 June 2013. Diane was previously Aviva Plc's Chief Finance Operations Officer. Previous to this, Diane held the position of Aviva's Chief Audit Officer. Diane has many years' experience holding senior positions within Aviva and other leading organisations, including Standard Life Assurance. In addition, she is a Non-Executive Director at Societe Generale Group.

Catherine Johnson
Global General Counsel

Catherine joined the Group in 1996. She advises the Board and senior executives on key legal matters and strategic initiatives, and previously was head of the Group's Regulatory Strategy team. Catherine qualified as a lawyer at Herbert Smith in 1993.

Daniel Maguire
Group Director, Post Trade Division

Daniel became Group Director, Post Trade, London Stock Exchange Group on 1 January 2020. He has been Chief Executive Officer of LCH Group since October 2017.

Daniel joined LCH in 1999, and during his 16-year career has held a variety of senior roles, most recently as LCH Group COO. He has had involvement in, and responsibility for, risk management, default management, product management, regulatory strategy, programme delivery sales, marketing and operations across LCH’s SwapClear service, chairing SwapClear Default Management Group and taking part in LCH Risk Committee. In 2014, after returning from four years in the US, where he started and built out LCH’s North America operations and led SwapClear’s client clearing franchise, Daniel took on the role of Global Head of SwapClear and subsequently took responsibility for LCH’s ForexClear and Listed Rates services and the initiation of LCH’s SwapAgent service. Daniel worked at J.P. Morgan from 2005 to 2008 before returning to LCH on 1 September 2008 where he was immediately responsible for the successful trading and unwinding of Lehman Brothers’ LCH-cleared bond and repo portfolio.

In these functions, Daniel has made significant contributions to the development of CCP and derivatives regulatory frameworks across the globe. Daniel was appointed to the Board of the International Swaps and Derivatives Association in April 2018, and is also a member of London Stock Exchange Group’s Executive Committee.

Nikhil Rathi
Chief Executive Officer, London Stock Exchange plc & Director of International Development

Nikhil was appointed CEO of our London Stock Exchange plc subsidiary in September 2015.  He also has Group-wide responsibility for International Development.
 
Nikhil joined LSEG from the UK Treasury, where he held a number of senior positions over an eleven year period. Most recently he was Director of the Financial Services Group, representing the UK Government’s financial services interests in the EU and internationally. He served as the UK representative on the EU Financial Services Committee. Prior to that, he was Head of the Financial Stability unit, overseeing a number of the UK’s financial stability interventions during the crisis. Nikhil also served as Private Secretary to the UK Prime Minister for three years from 2005 to 2008.

Waqas Samad
Group Director of Information Services

Waqas was appointed Group Director of the Information Services Division in January 2019. He joined LSEG in 2016 as CEO of the Benchmarks business where he has been responsible for leading FTSE Russell's continued global growth into indexes across all asset classes. He led ISD's expansion in fixed income through the acquisition of the Citi Fixed Income Indexes and The Yield Book businesses. He was also responsible for the FTSE Canada business in North America.

Waqas has spent almost 25 years in the financial services industry and joined LSEG from Barclays in 2016, where he was CEO of Barclays Risk Analytics & Index Solutions (BRAIS). Prior to joining Barclays in 2007, he spent three years at Deutsche Bank as Head of the Index Research Group in Europe and Asia and he spent five years at Credit Suisse in a variety of quantitative and technology roles. Waqas holds a Bachelor's degree in Electrical and Electronic Engineering from Imperial College London and has completed the Investment Management Programme at London Business School. He is Chairman of the Index Industry Association.

David Shalders
Chief Integration Officer, Group COO

David Shalders joined LSEG as Chief Integration Officer in November 2019. In January 2020 he assumed the role of COO in addition to his responsibilities as Chief Integration Officer. David brings to the Group more than thirty years’ experience in Integration, Technology and Operations in the financial services sector. He successfully led a number of global integration programmes, encompassing the convergence of technology platforms, business operations, front to back operations re-engineering as well as cultural integration, all designed to support growth and to drive operational efficiency.  Most recently, David was Group Operations and Technology Director at Willis Towers Watson, having led the integration of Willis and Towers Watson. Prior to his six years at Willis Towers Watson, David spent nineteen years at The Royal Bank of Scotland in a number of senior operations and technology roles, including as Group Head of Integration for the ABN Amro acquisition. He previously held roles at UBS, JP Morgan and Accenture.  He has an MA in Geography from the University of Cambridge and an MSc in Computer science from London School of Economics.