LCH Appoints Kate Birchall as Head of Asia Pacific

LCH, a global clearinghouse, announced today that it has appointed Kate Birchall as its Head of Asia Pacific (APAC) for LCH Ltd. Her new position will be effective from October 15, 2018.

Birchall will be based in Sydney and will report to Martin Pluves, the CEO of LCH Ltd. In her new role, she will be responsible for the firm’s business in the Asia Pacific. This includes the firm’s existing over-the-counter (OTC) derivatives Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term operations in Sydney and Tokyo.

For LCH, its Asia Pacific operations are licensed in Australia, Hong Kong, Japan, and Singapore. The region holds strategic growth for the company. In the region, the firm has members and clients from 12 APAC countries.

Kate Birchall Joins from NAB

Birchall joins LCH from the National Australia Bank (NAB). Here she worked as the Head of Portfolio Optimisation and Collateral. Before this, she also worked as a director at KPMG and held positions at Lloyds, CIBC, and ANZ.

The appointment of Birchall follows Marcus Robinson moving from the Head of Asia Pacific to LCH Head of Group Business Development. In his new role, Robinson will be based in London and will be responsible for defining new business opportunities for the firm. He reports to Daniel Maguire, the CEO of LCH Group.

Commenting on the appointment of Birchall, Pluves said: “I’m pleased to welcome Kate to LCH as Head of Asia Pacific. She brings with her substantial experience of the markets in Australia and internationally, and will be an asset to our leadership team.

“In her new role she will oversee our growing business in Asia Pacific, fostering relationships with market participants in the region, and leading our colleagues based in Australia and Japan. I’d also like to thank Marcus for his successful four year tenure as Head of Asia Pacific, and look forward to continuing to work with him in his new role as Head of Group Business Development.”