The London Stock Exchange Group plc (LSEG) has added Mary Schapiro to its Group Board as a Non-Executive Director, slated to take effect on July 1, 2015, according to an LSEG statement.
Ms. Schapiro joins LSEG’s board after an extensive career in the financial industry, including a number of senior level regulatory positions. She has chaired the US Securities & Exchange Commission (SEC) as well as the Financial Industry Regulatory Authority (FINRA), and the Commodity Futures Trading Commission (CFTC).
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Moreover, the LSEG has also added David Weisbrod as the Group’s country head for the United States. In this new capacity, Mr. Weisbrod will liaise with regional business divisions, in a bid to coordinate LSEG’s relationship with its main regulators and other public stakeholders.
Despite the appointment, Mr. Weisbrod will continue in his position as CEO of LCH.Clearnet LLC.
According to Chris Gibson-Smith, Chairman of London Stock Exchange Group plc, in a recent statement on the appointment, “I am delighted to welcome Mary Schapiro to the Group Board. Mary’s extensive knowledge of the US financial and regulatory landscape, her broad global markets experience, and her understanding of complex financial infrastructure will be of great value to the Group as we continue to grow our global footprint.”