LSEG Executive Team
Chief Executive Officer
David is CEO of London Stock Exchange Group (LSEG) and a member of the Board of LSEG plc.
He joined the Group in August 2018, having spent 20 years at Goldman Sachs in a number of senior roles, most recently as Global Head of Market Structure and Global Head of Metals & Mining. He also served as Chief of Staff to Lloyd Blankfein – then President and COO of Goldman Sachs – and spent three years in Russia as Co-Head of Russia/CIS. Before joining Goldman Sachs, he practiced law at Davis Polk & Wardwell.
David holds a B.A. from Yale University, and postgraduate degrees in law (JD) and international affairs (MALD) from Harvard University and The Fletcher School of Law and Diplomacy, respectively.
Chief Financial Officer
Michel-Alain Proch joined the Group in February 2024 and was appointed to the Board in March 2024, bringing significant financial leadership experience in global listed companies.
Michel-Alain was previously Group Chief Financial Officer of Publicis Groupe SA (2021-2024) where he led the global finance team across 100 countries. Prior to joining Publicis Groupe, Michel-Alain was CFO of Ingenico until its acquisition by Worldline (2019-2020), and then served as adviser to the CEO in the integration of the two companies. He previously spent almost 13 years at Atos in a number of senior roles, including Group Chief Financial Officer, CEO, North America and Group Chief Digital Officer, completing and integrating several strategic acquisitions.
Michel-Alain is also Vice Chairman, Maisons du Monde and Non-Executive Director, Pluxee N.V.
Chief Risk Officer
Balbir joined LSEG as Chief Risk Officer in January 2021 and brings a deep commercial understanding and knowledge of risk management.
Balbir was previously Group Head of Non-Financial Risk Management at Deutsche Bank and served on the Supervisory Board of Deutsche Bank Luxembourg S.A. as Chair of its Risk Committee.
Before this, Balbir was Global Head of Operational Risk Management at Credit Suisse, having held a variety of senior roles, including UK Investment Banking Chief Risk Officer and Head of Market Risk.
Balbir started his career at LCH as a risk analyst.
Chief People Officer
Erica was appointed Chief People Officer and a member of the Executive Committee at LSEG in January 2023. She is responsible for ensuring the Group’s ambitions are delivered through its people and organisation strategy, including developing top talent, strategic capabilities and embedding a culture of inclusion and performance. She has deep global experience in technology, consulting and digital transformation.
Before LSEG, Erica spent four years at Burberry Group as the Chief People Officer and prior to that, spent 12 years in a variety of leadership and executive roles at American Express.
She received a Master of Business Studies from the University College Dublin and holds a Bachelor of Law and postgraduate law degree from University College Cork.
Chief Information Officer
Irfan joined LSEG as Chief Information Officer in January 2024, bringing a wealth of experience as an engineering leader to the Group. He leads the Technology team, driving cutting edge innovation in the global financial markets.
Irfan was previously a Partner and Chief Operating & Strategy Officer for Engineering at Goldman Sachs, where he held various roles at the firm including Chief Information Officer for Consumer, Asset and Wealth Management and roles in the Global Banking and Markets in New York, Tokyo and Hong Kong.
He serves on the Board of Trustees of the Horace Mann School, New York and is a member of the University of Texas at Austin Computer Science Advisory Council.
Irfan is based in New York.
Catherine manages an international team of lawyers and compliance professionals and advises the Board and other Senior Executives on key legal and compliance issues and strategic initiatives. She is a member of the Group’s Executive Committee and the Chair of FTSE International Limited.
Catherine joined LSEG in 1996. She has led a number of major corporate transactions, including the recent Refinitiv-LSEG transaction, and held responsibilities including Group General Counsel and Group Compliance, Head of Legal and Head of Market Supervision, and Head of Regulation Strategy.
She holds a law and economics degree from Kings College, Cambridge, and qualified at Herbert Smith in 1993 in its corporate division.
Group Head of Sales & Account Management
Ron is Group Head of Sales & Account Management, LSEG and is responsible for leading the global sales team to drive the growth of LSEG’s products and solutions through go-to-market strategy, sales and commercial excellence, product development, and partnerships across all customer segments and channels.
He was previously Group Head of Strategic Accounts, delivering end-to-end services and offerings across the LSEG portfolio to the company’s largest global customers.
Prior to joining LSEG, Ron was Protiviti’s Global Leader of Technology Consulting where he was responsible for the strategy, solution offerings, consulting delivery and external partnerships for all Protiviti's technology solutions, including Security & Privacy, Enterprise Applications, Technology Strategy & Operations, Advanced Analytics, Software Services, Cloud and the Emerging Technology Group.
Earlier in his career, Ron held leadership roles with IBM, including Managing Partner, Financial Services Sector for North America and Managing Partner, Financial Services, Greater China Group. In these roles, he was responsible for business unit strategy, operations and management in addition to managing several strategic client relationships and running major client transformation initiatives.
He also served as Director of Technology Strategy and Architecture for a major global investment bank.
Ron is based in New York.
Group Head, LSEG Post Trade, Chief Strategy Officer, LSEG and CEO, LCH Group
Daniel is Head of LSEG’s Post Trade Division and Chief Strategy Officer for the Group. He has been a member of LSEG’s Executive Committee since 2017.
LSEG’s Post Trade Division supports customers in meeting their clearing and reporting obligations, providing risk, balance sheet and financial resource management solutions to help drive efficiencies and optimise capital.
Daniel joined LCH in 1999 and has been CEO of LCH Group since 2017. During his career at LCH he has held a variety of senior roles including Global Head of SwapClear, ForexClear and LCH Group COO. 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.
Over his career Daniel has made significant contributions to the development of CCP and derivatives regulatory frameworks across the globe and has played a leading role in the industry in LIBOR and new reference rate transition, and also the UK withdrawal from the EU and the impact on Financial Services.
Daniel sits on the Board of the International Swaps and Derivatives Association (ISDA).
Group Head, Capital Markets
Murray is Group Head, Capital Markets. He joined LSEG in April 2020 from Citigroup, where he was most recently Global Co-Head of Equities and Securities Services. He previously led Global Equity Sales and Trading, as well as the Multi-Asset Structuring Group.
Before joining Citigroup, Murray spent a decade at Deutsche Bank, holding senior roles including EMEA Head of Equities, Head of Emerging Markets Equities and Global Head of Prime Finance.
He began his career as a derivatives trader in South Africa.
Chief Operating Officer and Head of Integration
David joined LSEG as Chief Integration Officer in November 2019, adding the responsibilities of COO in January 2020.
David brings more than 30 years' experience in Integration, Technology and Operations in the financial services sector to the Group.
He was previously Group Operations and Technology Director at Willis Towers Watson, having led the integration of Willis and Towers Watson, and spent 19 years at The Royal Bank of Scotland in a number of senior operations and technology roles, including COO, Global Banking & Markets and Group Head of Integration for the ABN Amro acquisition. He has also held roles at UBS, JP Morgan and Accenture.
David has an MA in Geography from the University of Cambridge and an MSc in Computer science from London School of Economics.
Group Head, Data & Analytics
Satvinder was appointed Group Head of Data and Analytics (D&A) and a member of the Executive Committee at LSEG in July 2023. He leads the D&A team, including the partnership with Microsoft, which is an essential partner to the global financial community and one of the world’s largest providers of financial markets data and infrastructure. D&A enables customers to draw crucial insights through data, feeds, analytics, AI and workflow solutions.
Satvinder brings more than 28 years of experience leading global businesses in data and analytics, capital markets, post-trade services, payments, and technology. He joined LSEG from Mastercard where he was the Co-Head for Advisors in its Data & Services business and a member of the Mastercard Management Committee.
Prior to joining Mastercard, Satvinder was at Deutsche Bank where he led various global businesses and was a member of the Global Executive Committee for Corporate and Investment Banking. He has also held various senior executive positions at HSBC and Citigroup. Satvinder has also served on the boards of Euroclear Group, and Deutsche Bank A.S. (Turkey).
He is passionate about developing the next generation of business leaders and was on the Advisory Board of Durham University Business School and sits on the Board of Duke University's Department of Financial Economics.
Satvinder is based in London.