Non-Executive Director Appointed to the Board of Directors of London Stock Exchange plc
London Stock Exchange plc has today appointed Mark Hoban MP to the London Stock Exchange plc Board as a Non-Executive Director, with immediate effect. London Stock Exchange plc, is a wholly owned subsidiary of London Stock Exchange Group.
Mark’s extensive experience across UK politics, economics and market regulation, will be invaluable to London Stock Exchange, the world’s most international trading market.
Chris Gibson-Smith, Chairman of London Stock Exchange plc, commented:
“We warmly welcome Mark to the plc Board. Mark brings extensive knowledge of UK politics and the regulatory agenda that impacts our business. His experience will be of great value as we drive our business forward in an increasingly complex and evolving regulatory environment. I very much look forward to working with him.”
Mark Hoban is a qualified accountant and current Conservative Member of Parliament who served as Financial Secretary to the Treasury and Minister of Employment. He has 12 years front bench experience. As Financial Secretary from 2010-2012, Mark was responsible for delivering the UK’s current legislative framework for financial services and worked with the FSA and Bank of England on many financial stability issues. An MP for 13 years, Mark will step down from his Parliamentary seat at the forthcoming General Election.
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For further information:
Victoria Brough +44 (0)20 7797 1222
Notes to editors:
About London Stock Exchange:
London Stock Exchange plc is the world’s most international exchange and a wholly owned subsidiary of London Stock Exchange Group. Nearly 2,500 companies from more than 90 countries are quoted across its markets, with a combined value of £4 trillion.
London Stock Exchange’s markets include the Main Market – London’s flagship venue for equity, debt and exchange traded products, offering businesses access to Europe’s most liquid pool of capital – and AIM – the world’s leading market for small and growing companies. Since its launch in 1995 AIM has helped more than 3,500 companies raise £90 billion.
Trading participants access London Stock Exchange markets via a range of secure, low latency interfaces, including the Order book for Retail Bonds (ORB), which since its launch in 2010 has allowed private investors to trade bonds in small denominations, and has helped companies raise over £4 billion.
London Stock Exchange also offers a range of real-time and reference data services, facilitating the trading and reporting of over £1 trillion of securities by 400 members annually.
London Stock Exchange is part of London Stock Exchange Group, which incorporates a range of global trading, technology, post-trade and index businesses.