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London Stock Exchange Group (LSEG) today announced that Nick Rustad has joined as the new Group Head of LCH SwapClear and Listed Rates.

Nick Rustad

Mr Rustad will be responsible for driving performance and growth, whilst ensuring the continued resilience of the SwapClear and Listed Rates clearing services. He will report to Susi de Verdelon, CEO, LCH Limited, and join her leadership team.

Nick Rustad brings with him 25 years’ experience in financial services, and most recently served as Deputy Chief Operating Officer at Taula Capital Management. Prior to this he spent over 20 years at JPMorgan where he led the Global Futures and Derivatives Clearing business.

Mr Rustad was also a member of the Board of Directors for the FIA from 2016-2022, including two years as chairman, as well as being a non-executive Director for LCH Limited from 2021 to 2022.

Susi de Verdelon, CEO, LCH Limited, said:

“I am delighted to welcome Nick Rustad as Group Head of LCH SwapClear and Listed Rates. Nick’s experience will be incredibly valuable as we focus on delivering new products, as well as the growth and resilience of the services in the years to come.”

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