Chris Corrado appointed Group COO and Group CIO
London Stock Exchange Group (LSEG) today announces that it has appointed Chris Corrado as Group Chief Operating Officer (COO) and Group Chief Information Officer (CIO). He will also be a member of the LSEG Executive Committee. He will be based in London and joins the Group, effective from today.
Mr. Corrado joins the Group from MSCI, where he has been a Managing Director, responsible for technology, data services and program management, CIO/CTO, since 2013. Chris brings to the Group more than thirty years of global experience in managing technology platforms and transformational change in the financial services industry. Prior to joining MSCI, Chris held a variety of senior CTO roles in leading banks, including Morgan Stanley, Deutsche Bank, Merrill Lynch and UBS. He has also worked for high growth technology companies as CTO at eBay, CIO at AT&T Wireless, and SVP of Technology, Strategic Initiatives and Business Architecture at Asurion, the mobile technology protection company. He began his career at IBM. He graduated with a B.S. in Management Information Systems & Business Administration from the University of New York at Albany.
Xavier Rolet, CEO, LSEG, said:
"I’m confident the Group will benefit from Chris’ deep experience as we continue to diversify our business and grow our global footprint. Our technology platform provides resilient, high-speed trading platforms, real time market data, clearing and settlement systems, among a broad range of infrastructure products and services – not only to our own markets, but to a wide range of global customers, including banks, specialist trading firms and more than 40 exchanges and trading venues around the world."
Antoine Shagoury, Group COO, Group CIO and member of the LSEG Executive Committee, informed LSEG of his decision to leave the Group before the end of the year in order to reunite with his family in the United States.
Xavier Rolet, CEO, LSEG, said:
"I’d like to extend my warmest sincere thanks to Antoine for his leadership and outstanding contribution to the Group over the past five years. Antoine has identified a strong successor and developed a deep bench of talent to carry on his legacy. We wish Antoine all the best in his future career."
Mr. Shagoury joined LSEG in 2010 as Group CIO and a member of the Executive Committee. Through his leadership, the Group has modernised and strengthened the resiliency of the Technology and Operations that underpins not only the markets that LSEG operates, but all of its businesses globally. In 2012, Mr. Shagoury took on the additional role as Group Chief Operating Officer, adding Business Operations to his management portfolio. In that role, he has been integral to the integration of the Group’s most complex acquisitions, including FTSE, LCH.Clearnet Group and Russell Investments’ index business.
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For further information:
Ed Clark - +44 (0)20 7797 1222
Notes to editors:
About London Stock Exchange Group:
London Stock Exchange Group (LSE.L) is a diversified international market infrastructure and capital markets business sitting at the heart of the world's financial community. The Group can trace its history back to 1698.
The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, a pan-European equities MTF. It is also home to one of the world’s leading growth markets for SMEs, AIM. Through its platforms, the Group offers international business and investors unrivalled access to Europe's capital markets.
Post trade and risk management services are a significant part of the Group’s business operations. In addition to majority ownership of multi-asset global CCP operator, LCH.Clearnet Group, LSEG operates CC&G, the Italian clearing house; Monte Titoli, the T2S-ready European settlement business; and globeSettle, the Group’s newly established CSD based in Luxembourg.
The Group is a global leader in indexing and analytic solutions. FTSE Russell offers thousands of indexes that measure and benchmark markets around the world. The Group also provides customers with an extensive range of real time and reference data products, including SEDOL, UnaVista, and RNS.
London Stock Exchange Group is a leading developer of high performance trading platforms and capital markets software for customers around the world. Currently, over 40 organisations and exchanges use the Group’s MillenniumIT trading, surveillance and post trade technology, including the Group’s own markets.
Headquartered in London, with significant operations in North America, Italy, France and Sri Lanka, the Group employs approximately 4,700 people.
Further information on London Stock Exchange Group can be found at www.lseg.com