LME confirms John Williamson as its Chairman

The London Steel Change (LME) immediately introduced that John Williamson, at present LME Interim Chairman, will turn into the LME’s Chairman, efficient instantly beneath a brand new fixed-term contract by to twenty-eight April 2026.

Commenting on his appointment, John Williamson mentioned:

“I’m delighted to have been requested to proceed within the position of Chairman of the LME. Since taking up the interim position in April this yr, now we have already made good progress in strengthening the LME Board; now we have attracted a variety of skilled new abilities to the group and we proceed to drive ahead, at tempo, the LME’s two-year strategic improvement programme.

Over the past six months, I’ve very a lot loved working with the Board and the manager group and I stay absolutely dedicated to supporting the way forward for the LME and to reinforcing the pivotal position that it performs within the world metals neighborhood. The macro backdrop is a difficult one, and it’s establishments such because the LME that present the understanding, readability and robustness that facilitate world markets and the worldwide financial system.

Trying ahead, with out shedding this resilience or performance for which the LME is understood, we are going to proceed to give attention to measures that can advance the market’s construction, holding the LME aggressive and enticing, driving liquidity, and supporting our members and clients as they ship their very own success.”

The appointment of Mr Williamson has been by the same old regulatory processes.

John Williamson was appointed Interim Chairman of the London Steel Change in April 2023. He’s Chairman of the UK Tote Group and an Impartial Non-Government Director on the Board of Pacific Basin Delivery Restricted. He’s a Chartered Accountant, a Chartered Fellow of the Securities Institute, and a Senior Fellow of the Hong Kong Securities Institute.

He was previously an Impartial Non-Government Director on the Board of HKEX, LME’s father or mother firm (2008-2021) so has intensive information of LME’s enterprise and markets; and has beforehand served on the Boards of the Hong Kong Securities Institute and a number of other different non-public corporations.

Mr Williamson has labored inside the finance and securities trade for over 40 years and has deep experience throughout commerce, funding banking, wealth administration, IT, danger, governance and regulation in capital markets. He beforehand held senior government roles with Search Funding Group, Morgan Stanley, NatWest Securities and Wooden Mackenzie & Co.

John Williamson is an advisor to the Board of a psychological well being charity and is a robust advocate of the variety and inclusion agenda.