London Stock Exchange Group plc (LSEG) today announced that Fiona Bassett will join the Group as CEO of FTSE Russell.

Fiona Bassett will start with the Group later this summer and be based in New York, reporting to David Schwimmer, CEO LSEG.

Ms Bassett joins from DWS Group where she held the roles of CEO, DWS UK and Global Head Systematic Investment Solutions, managing more than $300 billion of assets under management. During a 20-year tenure, Fiona has held various senior leadership roles across asset management and index investing at Deutsche Bank, latterly DWS Group. Fiona replaces Arne Staal who is moving to another role within LSEG.

Fiona Bassett commented:

“FTSE Russell is an incredible business and trusted partner for institutional and retail investors in more than 70 countries. I am delighted to be joining the team and excited about the opportunity we have at LSEG.”