LME Clear today confirmed the appointment of Julie Carruthers as Chair of the Board.

Julie Carruthers joined the Board as an Independent Non-Executive Director in 2022 and has served as Interim Chair since 1 January 2026.

With more than 30 years’ experience across financial markets and market infrastructure, she has led major strategic and operational transformation programmes and brings deep expertise in operations, governance and organisational change.

Ms Carruthers was at UK Finance from 2020-2025, and her final role there was MD of Membership and Strategic Partnerships. Previously she was at TP ICAP where she held a number of roles including Global Head of Operations and Chief of Staff. Prior to joining TP ICAP in 2001, the earlier part of her career was spent in roles at Deutsche Bank and UBS.

Julie Carruthers has also served on the board of the social mobility charity, Leadership Through Sport and Business and as a trustee for the charitable foundation, Futures for Kids.

Commenting on her appointment, Julie Carruthers said:

“I have greatly enjoyed chairing the Board over the past six months and I am delighted to continue in the role. The first half of the year has already seen important progress as part of our modernisation strategy, and I am looking forward to working with both the executive team and Board as we continue to build an even stronger, more efficient clearing house that serves the evolving needs of our customers and wider stakeholders.”

HKEX Chairman, Carlson Tong, said:

“Julie has made a significant contribution to LME Clear during her time on the Board and provided strong leadership as Interim Chair. Her deep understanding of the organisation, combined with her extensive experience leading transformation, operational and technology initiatives across financial markets, makes her ideally placed to guide LME Clear through the next phase of its development.”

Michael Carty, LME Clear CEO, commented:

“Julie’s appointment provides continuity at an important stage in our modernisation programme, and I am confident that, under her leadership, LME Clear will continue to strengthen its services and deliver long-term value for customers, colleagues and stakeholders.”