Axe joins from Barclays Capital where he was most recently global head of operations and COO EMEA.
He will replace Roger Liddell, who has been CEO since July 2006 and who announced his intention to retire in July 2010.
Axe has 17 years of experience in the financial sector. He joined Barclays Capital in 2002 from Booz Allen Hamilton, where he was a principal in the financial services practice, advising leading financial institutions on strategic issues.
At Barclays Capital he was responsible for a number of key initiatives, including the formation of Barclays Wealth, the development of ABSA Capital into South Africa’s leading investment bank, the integration of Lehman Brothers and the divesture of BGI.
He was also global head of equity finance and was appointed COO EMEA Barclays Capital in 2009 and head of operations in 2010.
LCH.Clearnet chairman Jacques Aigrain said Ian has experience of building successful businesses around the world. This, combined with his extensive financial expertise, makes him well placed to lead LCH.Clearnet at this exciting and challenging time.
