LME Clear, the clearing house for the London Metal Exchange (LME) market, has selected James Proudlock as Deputy Chief Executive and a member of the venue’s executive committee, according to a corporate announcement.
James joins from JP Morgan Securities PLC, where he has held a number of leadership positions, including as managing director and commodity product lead for futures and options. He brings broad industry expertise and a robust track record across the commodity spectrum in London, Hong Kong, Singapore and New Zealand.
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In addition, Mr. Proudlock will join Matthew Chamberlain, LME’s Chief Operating Officer to co-head business development across LME and LME Clear to ensure alignment of strategy and promote growth and innovation across all areas of business, including spearheading product development and bringing on new members.
Adrian Farnham, LME Clear Chief Executive, commented: “James brings a wealth of commodities experience and knowledge to LME Clear and will be of great value as we focus on helping our members and clients manage their commodity risks.”