LCH.Clearnet has named Steve Briscoe, formerly of RBS, as its new group head of technology and operations.
The appointment comes as Martin Ryan, LCH’s previous global head of operations, moves over to the London Stock Exchange Group as group head of shared services.
Briscoe spent five years as head of operations for the markets division at RBS, responsible for the delivery of all aspects of operational service for the investment banks.
Prior to RBS, Briscoe held various leaders roles across a range of technology developments and in operations at UBS.
“Steve has a strong track record of delivery from his previous roles and will work closely with the senior management team to further develop LCH.Clearnet’s technology and operations,” said Suneel Bakhshi, CEO, LCH.Clearnet Group.
The appointment is the central counterparties’ second high profile appointment over the past month, after it named Frank Soussan as its global head of CDS Clear in March.