RNS Number : 7900W
London Stock Exchange Group PLC
28 April 2021

28 April 2021


London Stock Exchange Group Directorate Changes


London Stock Exchange Group plc (LSEG) today announces that Tsega Gebreyes and Ashok Vaswani will join the Board as Independent Non-Executive Directors, effective 1 June 2021. Tsega will join the Risk and Remuneration Committees and Ashok the Audit and Risk Committees. They will both also join the Nomination Committee.


Don Robert, Chairman, London Stock Exchange Group, said: 

"I am delighted to welcome Tsega and Ashok to the Board. Both bring deep financial services and commercial experience in senior roles world-wide, which will be of great benefit to the Group as we continue to develop our global business and capitalise on the digital transformation of financial markets infrastructure."


Tsega is currently Founding Partner at Satya Capital LLP, an independent investment group focused on providing long-term growth capital. Prior to founding Satya Capital, she held a variety of senior roles at Zain Group, a leading mobile telecommunications provider in the Middle East and North Africa. She is currently Vice Chair and Chair of the Finance Committee at SES SA.

Ashok is currently Chief Executive Officer, Global Consumer Banking & Payments at Barclays plc, where he has spent the last eleven years in a variety of CEO roles including as Chief Executive Officer for Barclays UK. Prior to this he was a Partner at Brysam Global Partners LLC and has also held a number of senior roles with Citigroup Inc.

Separately, Jacques Aigrain and Stephen O'Connor, Chair of the Remuneration Committee and Senior Independent Director (SID) respectively, will have served nine years on LSEG's Board in 2022. It is proposed that Jacques and Stephen will step down before the AGM in 2022 and that Cressida Hogg will become Chair of the Remuneration Committee with effect from 22 October 2021 and SID when Stephen steps down from the Board.

There are no other matters which require disclosure under Listing Rules 9.6.13R.


- Ends -


For further information:


Media: Lucie Holloway / Rhiannon Davies

+44 (0)20 7797 1222

Investor Relations: Paul Froud

+44 (0)20 7797 3322


Notes to the Editor:

Tsega Gebreyes

Executive Career:


2007 to date

Satya Capital LLP

2018 to date

Founding Partner

2000 - 2007

Celtel International B.V/ Zain Group

2007 - 2016

Senior Group Adviser, Zain Africa BV

2005 - 2007

Chief Strategy & Development Officer, Celtel International

2003 - 2005

Chief Business Development and Mergers & Acquisitions Officer, Celtel International

2000 - 2003

Director, Mobile Commerce and New Product Development, Celtel International

1996 - 2000

New Africa Opportunity Fund LLP

Founding Partner

1995 - 1996

McKinsey & Co


1990 - 1994

Citigroup Inc.

Associate, Capital Markets, Citicorp Securities Inc

Associate, Corporate Finance and Restructuring, Citicorp Securities Inc

Special Projects, Junior Transactor, Citicorp Securities Inc

Non-Executive Career:


2013 to date


2019 to date

Vice Chair and Chair of Finance Committee

2013 - 2019

Non-Executive Director

2015 - 2019

Sonae SA

Non-Executive Director

2013 - 2018

ISON Group

Non-Executive Director

2009 - 2015

Hygeia Nigeria Ltd

Non-Executive Director

2009 - 2010

Save the Children UK


1998 - 2000

Celtel International B.V.

Non-Executive Director

Education & Qualifications:



MBA, Harvard Business School


BA, Economics and International Studies, Rhodes College



Ashok Vaswani

Executive Career:


2010 to date

Barclays plc

2019 to date

Chief Executive Officer, Global Consumer Banking & Payments

2016 - 2019

Chief Executive Officer, Barclays UK

2014 - 2016

Chief Executive Officer, Personal & Corporate Banking

2012 - 2014

Chief Executive Officer, Retail & Business Banking

2011 - 2012

Chief Executive Officer, UK Retail & Business Banking

2010 - 2011

Chief Executive Officer, Africa


Chief Executive Officer, Barclaycard Europe

2007 - 2009

Brysam Global Partners LLC


1987 - 2007

Citigroup Inc.

2004 - 2007

Chief Executive Officer, Citigroup Asia Pacific Consumer Bank, Singapore and Member of Citigroup Operating & Management Committee

2001 - 2004

Chief Administrative Officer and Chief Financial Officer, CitiCards

2000 - 2001

Chief Marketing Officer, Central Europe, Middle East & Africa

1999 - 2000

Division Executive, Turkey, Middle East & Africa

1999 - 2000

Cards Product Manager, CEEMEA (concurrent)

1997 - 1999

Country Manager, Turkey

1994 - 1997

Cards Manager, Turkey

1992 - 1994

Cards Manager, UAE

1990 - 1992

Chief Financial Officer, UAE, Oman, Bahrain

1988 - 1990

Area Manager, Non-Resident Indian Business

1987 - 1988

Chief Financial Officer, Non-Resident Business

1985 - 1987

AF Ferguson & Company


Education & Qualifications:



Institute of Chartered Accountants in India, 1984


BComm, Economics and Accountancy, Sydenham College of Economics, 1981





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