NON-EXECUTIVE DIRECTOR APPOINTED TO THE BOARD OF DIRECTORS OF LONDON STOCK EXCHANGE GROUP PLC
London Stock Exchange Group plc (LSEG) today announces that Sharon Bowles will join the LSEG Board as a Non-Executive Director with immediate effect.
This appointment brings the Group deep experience in UK and European politics, economics and regulation impacting the market infrastructure sector.
Chris Gibson-Smith, Chairman of LSEG, commented:
“We warmly welcome Sharon to the Board. Sharon brings extensive knowledge of European political and regulatory trends impacting our business. Her experience and insight will be of great value to the Group, as we operate in an increasingly complex and evolving regulatory environment. I look forward to working with her.”
Sharon Bowles was a Member of the European Parliament from 2005 – 2014, serving on the Economic and Monetary Affairs (ECON) and the Legal Affairs Committees. She chaired ECON from 2009 – 2014, putting her at the heart of the EU’s response to the financial and Eurozone crisis dealing with all of the new and complex financial services legislation for markets, infrastructure, banking, corporate governance and accounting as well as competition policy, economic governance, monetary policy and public oversight of the European Central Bank.
During her distinguished career as an MEP, Sharon played a significant role shaping European policy impacting financial sector regulation, including the key second Markets in Financial Instruments Directive (MIFID II).
Sharon has an academic and professional background in engineering, physics and mathematics and was a partner in Bowles Horton, a firm of European Patent and Trade Mark Attorneys that she founded in 1981. She has acted for a range of leading technology companies in UK, US and Japan and has extensive experience of commercial negotiation and legal systems.
There are no other matters relating to the new directors which would require disclosure under Listing Rules 9.6.13R.
- ends -
For further information, please contact:
Press Office +44 (0)20 7797 1222
Investor Relations +44 (0)20 7797 3322
NOTES TO EDITORS:
2005 to 2014 EUROPEAN PARLIAMENT BRUSSELS
2009 to 2014:
MEP & Chairman, Economic & Monetary Affairs Committee
Substitute member, Legal Affairs Committee
Substitute member, US Delegation
Appointment of President of the ECB
Appointment of Vice President of the ECB
Appointment of Executive Board Member of the ECB (six times)
Appointment of Chair and vice Chair of the ECB Supervisory Board
Appointments of ESA Chairs (three)
Appointment of ESA Executive Directors (three)
European System of National and Regional Accounts
Capital shares for EBRD
Refund of VAT
Member of the European Parliament
Member of Economic and Monetary Affairs Committee (ECON)
Substitute member of the Legal Affairs Committee (JURI)
Member ASEAN Delegation
Fight against Fiscal Fraud
European Statistical Governance Board
Purchasing Power Parities
1981-2005 BOWLES HORTON
Partner & Founder, European patent attorney
1978-1981 BOULT WADE & TENNANT & FORRESTER KETLEY
Trainee, Patent Attorney
1974-1978 UNIVERSITY OF OXFORD
Research, Department of Metallurgy
1974 University of Reading, BSc, Physics
About London Stock Exchange Group:
London Stock Exchange Group (LSE.L) is a diversified international exchange Group that sits at the heart of the world's financial community. The Group can trace its history back to 1801.
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 the pan-European equities platform, Turquoise. Through its markets, the Group offers international business, and investors, unrivalled access to Europe's capital markets.
Post trade and risk management services are a significant and growing part of the Group’s business operations. LSEG operates CC&G, the Rome headquartered CCP and Monte Titoli, the significant European settlement business, selected as a first wave T2S participant. The Group is also a majority owner of leading multi-asset global CCP, LCH.Clearnet.
The Group offers its customers an extensive range of real-time and reference data products, including Sedol, UnaVista, Proquote and RNS. FTSE calculates thousands of unique indices that measure and benchmark markets and asset classes in more than 80 countries around the world.
London Stock Exchange Group is also a leading developer of high performance trading platforms and capital markets software. In addition to the Group’s own markets, over 30 other organisations and exchanges around the world use the Group’s MillenniumIT trading, surveillance and post trade technology.
Headquartered in London, United Kingdom with significant operations in Italy, France, North America and Sri Lanka, the Group employs approximately 2,800 people.
Further information on London Stock Exchange Group can be found at: www.lseg.com