LCH, a group of leading multi-asset clearinghouses and provider of risk management capabilities across a range of asset classes, has a void in its ranks, with Neil Walker slated to relinquish his position as a non-executive director of LCH’s SA and Group boards.

Mr. Walker had served as a non-executive director for LCH since 2012, with an additional presence on LCH’s aggregated risk committees. He will be stepping down from his position with immediate effect, focusing on other executive commitments elsewhere in the industry.

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He currently works as the Chief Executive Officer of Financial Skills Limited, having worked at the venue for the past eight years. Mr. Walker previously held a number of senior level roles at Dresder Bank, Merrill Lynch, JPMorgan, and Bear Sterns, among others, according to information made public on his Linkedin profile.

According to Lex Hoogduin, Group Chairman, LCH, in a statement on Mr. Walker’s decision to leave the board: “Over his five-year tenure, Neil has made significant contributions to both the SA and Group boards and its risk committees.”

“On behalf of the Board and LCH’s executive team, I would like to express my gratitude for Neil’s commitment and the insight that he’s provided to LCH during this time. We wish him every success as he continues to pursue his executive career,” he added.