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The London Metal Exchange (LME) today announced a number of senior leadership appointments and organisational design changes.

The LME appointments come into effect 1 April 2024.

Susan Small is appointed as General Counsel, overseeing the legal function across LME and LME Clear. Ms Small will join in June and will report to both the LME and LME Clear CEOs.

She joins from J.P. Morgan’s Corporate and Investment Bank (CIB), London where she is currently the Deputy General Counsel for the CIB in EMEA and the head of the EMEA Markets Practice Group. She holds a double bachelor’s degree in law and finance from the University of New South Wales in Sydney Australia and is qualified to practise law in England and Wales, New York and New South Wales, Australia.

The Group is also creating a new role – Group Chief Financial and Administrative Officer – which will report into both the LME and LME Clear CEOs. This individual will be responsible for Finance, HR, Communications and Facilities across both entities, helping to bring the corporate functions closer to the business. The LME is in advanced discussions and an announcement on this will be made in due course.

Kirstina Combe, Chief Regulatory and Compliance Officer for both LME and LME Clear, has also been appointed as Chief Risk Officer, LME. She will work closely with Matt Wade, Chief Risk Officer, LME Clear.

Finally, the LME is introducing three focused business lines – Sustainability & Physical Markets, Market Data and Trading. Additionally, an enhanced Market Development function will be responsible for the LME’s ongoing strategy and organisational effectiveness.

The business lines and market development activities will be led by four existing senior LME executives, who have built strong expertise in their respective areas of the business:

  • Georgina Hallett, who will serve as Chief Sustainability Officer and Head of Physical Markets
  • Robin Martin, who will lead an enhanced Market Development function
  • Kate Smith, who will run the Market Data business line
  • Jamie Turner, who will become permanent LME COO and head the Trading business line.

All four individuals will report to the LME CEO.

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