Lombard Risk Management plc (LSE: LRM), a provider of integrated regulatory compliance, collateral management and reporting solutions, has tapped Adam Husted as its newest Business Development Manager for the Europe, Middle East, and Africa (EMEA) region, according to a company statement.
In his new role Mr. Husted will focus on developing the group’s client base, which includes a panel of investment banks, asset managers, building societies, and pensions schemes, as well as its AgileCOLLATERAL and COLLINE collateral management software throughout the UK and Europe.
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Mr. Husted joins Lombard Risk Management from Tesco Pension Investment, having worked previously as a consultant and project manager where he advised on a number of issues related to the European Market Infrastructure Regulation (EMIR) regime and the Market Abuse Regulation (MAR).
Prior stops also included the Chicago Mercantile Exchange (CME), where he worked as its Head of Clearing, Insight Investment and as a consultant and project manager. Moreover he also has held the role of European Head of Product Development for over-the-counter (OTC) clearing at and Barclays Investment Bank.
According to Alastair Brown, Lombard Risk’s Chief Executive Officer (CEO), in a recent statement on the appointment: “It is vital that our clients remain at the forefront of regulatory compliance, so it is imperative that we hire people with deep industry knowledge to deliver the best regulatory solutions to them. Lombard Risk prides itself on attracting the most talented people who can provide the knowledge and quality which our growth ambitions require.”
“With increasingly complex regulatory pressures imposed upon buy and sell-side firms, I’m delighted to be helping clients find the best solutions for their business. Lombard Risk has an excellent track record and maintains a forward looking approach in order to provide the most innovative products in the market,” added Mr. Husted, in an accompanying statement.