LSEG announces new appointment for Information Services division
- Waqas Samad appointed CEO of Fixed Income & Multi-Asset Benchmarks
- Leading FTSE Russell fixed & multi-asset indexes
- Reporting to FTSE Russell CEO Mark Makepeace
London Stock Exchange Group (LSEG) today announces the appointment of Waqas Samad as CEO of Fixed Income & Multi-Asset Benchmarks for the Group’s Information Services division.
In this newly created role, Samad will lead FTSE Russell’s continued global growth into indexes measuring fixed income and other multi-asset classes, with responsibility for building a global team to support this growth. He will work closely with FTSE Russell clients and the firm’s sales, service, product development and research areas to assess partner needs and develop new solutions to meet growing demand in the marketplace, grow the firm’s client base and strengthen its product offering. He will also help to expand FTSE Russell’s presence in North America, overseeing the successful FTSE TMX joint venture in North America and all other fixed income partnerships.
An experienced leader in the fixed income benchmarks, multi-asset strategy index and analytics business, Samad joins LSEG from Barclays, where he ran the firm’s index and analytics business as CEO of BRAIS (Barclays Risk Analytics & Index Solutions) since joining the firm in 2007. Samad has been an active voice in the index industry, serving as a board member of the Index Industry Association. He spent the last 23 years in the financial services industry, the last 12 of which were in leadership roles in the index and portfolio analytics industry. Prior to Barclays, he spent three years at Deutsche Bank as head of the index research group in Europe and Asia and five years at Credit Suisse in a variety of quantitative and technology roles.
Mark Makepeace, Group Director of Information Services, LSEG, said:
“I am delighted to welcome Waqas to our senior management team within the Group’s Information Services business. He has an exceptional track record of success and brings deep and highly relevant experience to London Stock Exchange Group from similar positions at leading companies. His knowledge, reputation and experience will be especially important as we continue to build our capabilities to meet the expanding needs of our clients. This is particularly important in the fixed income and multi-asset areas where we continue to see growing client needs and opportunity to build our business and reinforce FTSE Russell’s position as a leading global index provider.”
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About London Stock Exchange Group
London Stock Exchange Group (LSE.L) is an international markets infrastructure business. Its diversified global business focuses on capital formation, intellectual property and risk and balance sheet management. LSEG operates an open access model, offering choice and partnership to customers across all of its businesses. The Group can trace its history back to 1698.
The Group operates a broad range of international equity, ETF, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS (Europe's leading fixed income market); and Turquoise (a pan-European equities MTF). Through its platforms, LSEG offers market participants, including retail investors, institutions and SMEs unrivalled access to Europe’s capital markets. The Group also plays a vital economic and social role, enabling companies to access funds for growth and development.
Through FTSE Russell, the Group is a global leader in financial indexing, benchmarking and analytic services with approximately $10 trillion benchmarked to its indexes. The Group also provides customers with an extensive range of real time and reference data products, including SEDOL, UnaVista, XTF and RNS.
Post trade and risk management services are a significant part of the Group’s business operations. In addition to majority ownership of LCH.Clearnet Group, a multi-asset global CCP operator, LSEG owns CC&G, the Italian clearing house; Monte Titoli, a leading European custody and settlement business; and globeSettle, the Group’s CSD based in Luxembourg.
LSEG is a leading developer and operator of high performance technology solutions, including trading, market surveillance and post trade systems for over 40 organisations and exchanges, including the Group’s own markets. Additional services include network connectivity, hosting and quality assurance testing. MillenniumIT, GATElab and Exactpro are among the Group’s technology companies.
Headquartered in the United Kingdom, with significant operations in North America, Italy, France and Sri Lanka, the Group employs approximately 3,500 people.
Further information on London Stock Exchange Group can be found at www.lseg.com.