London Metal Exchange : LME Clear appoints Priyanka Malhotra to head business development

LME Clear, the clearing house for the London Metal Exchange (LME) market, is pleased to announce the appointment of Priyanka Malhotra as Head of Business Development, including product and relationship management.

She joins from the Bank of England, where she has held a number of leadership positions, including oversight of Central Counterparties within the Market Infrastructure Division. Prior to the Bank, Priyanka worked at the Financial Services Authority, JPMorgan Securities and the International Monetary Fund.

"This is a fantastic hire for LME Clear. Priyanka's strong experience, particularly in clearing and regulation, will be extremely valuable as we continue on our course of innovation and development in real-time clearing," says Trevor Spanner, CEO of LME Clear.

Priyanka will take up her role at LME Clear on 1 July 2015, and will report to Trevor Spanner. She will also join LME Clear's Executive Committee.