LSE.L Regulatory News (LSE)

25 September 2018

London Stock Exchange Group Board Appointments

London Stock Exchange Group plc (LSEG) today announces that Marshall Bailey OBE and Ruth Wandhöfer will join the Group Board as Independent Non-Executive Directors. Marshall's appointment is effective immediately and Ruth will join the Board from 22 October 2018.

LSEG also announces that Marshall Bailey has been appointed Chairman of LCH Group, which is majority-owned by LSEG, and Professor Lex Hoogduin has stepped down from his role as Chairman of LCH Group Limited and as a Non-Executive Director of LSEG. Lex has been a member of the Board of LSEG since December 2015 and Chair of LCHG since March 2015. He continues as Chairman of LCH Ltd and LCH SA and will remain as an Independent Director of LCH Group.

Donald Brydon, Chairman of London Stock Exchange Group plc, said:

"On behalf of the Board, I would like to welcome Marshall Bailey and Ruth Wandhöfer to the Board. They both bring to the Group extensive experience of regulated global financial markets. Marshall's knowledge, gained from Board and management positions in the UK and around the world, will allow him to offer valuable commercial and regulatory insight to LCH Group and LSEG. Ruth's background in regulatory and technology change within complex businesses will be of great benefit to the Group as we continue to develop our global business.

"I would like to thank Professor Lex Hoogduin for his commitment and significant contribution in his role as a Non-Executive Director of LSEG and as Chairman of LCH Group Limited over the past three years. I am pleased that the Group will continue to benefit from his experience as Chairman of LCH Ltd and LCH SA."

Marshall Bailey OBE has spent almost thirty years in the financial services sector and brings considerable capital markets, regulatory and risk experience. He is currently Chair of the Financial Services Compensation Scheme and served as non-Executive Director of UK Financial Investments. He also served as President of ACI Financial Markets Association and has held a number of senior positions at State Street Global Markets and RBC Capital Markets.

Ruth Wandhöfer was most recently Global Head of Regulatory & Market Strategy for Treasury and Trade Solutions at Citi, where she spent more than a decade in a variety of regulatory roles in the transaction services area. She also brings considerable experience in the emerging Fintech and RegTech sector. She has previously spent four years as a Policy Adviser on Securities Services and Payments at the European Banking Federation.

There are no other matters which require disclosure under Listing Rules 9.6.13R.

- Ends -

For further information:

Media: Gavin Sullivan/Lucie Holloway +44 (0)20 7797 1222

Investor Relations: Paul Froud +44 (0)20 7797 3322

Notes to Editors:

Marshall Bailey OBE

Current board roles:

2018 to date Chair, Financial Services Compensation Scheme

2018 to date Non-Executive Director; Chair of Risk Committee, National Commercial Bank in Jeddah, KSA

2015 to 2018 Non-Executive Director; Chair of Risk Committee, Chubb Insurance Europe

2014 to date Chairman, CIBC World Markets PLC

Professional experience:

2014 to 2018 Non-Executive Director, UK Financial Investments

2014 - 2016 ACI Financial Markets Association

- President and Global Head

2011 - 2013 State Street Global Markets EMEA

- CEO, State Street Global Markets International

- COO & Senior MD, UK & EMEA

- Head of London Branch, State Street Bank Europe

1993 - 2011 RBC Capital Markets

- Managing Director, Head of FIG Client Coverage and Head of EMEA, Asia and Australia (2007-2011)

- Managing Director and Global Head of Central Bank/ SWF Relations UK (1999-2007)

- Vice President and Head of Institutional FX Sales (1993-1999)

1992 - 1993 TD Bank

- Portfolio Manager, FX

1991 - 1992 UBS

- Forex Trader

Ruth Wandhöfer

Board roles:

2017 - ongoing Non-Executive Director and Board Member, Pendo Systems Inc.

With effect from 30 October 2018, Non-Executive Director and Board Member, Permanent TSB

Professional experience:

2007 - 2018 Citi

- Global Head of Regulatory & Market Strategy, Citi Treasury & Trade Solutions

- EMEA Head of Regulatory & Market Strategy, Citi Transaction Services

- EMA Head Payments Strategy & Market Policy, Treasury & Trade Solutions, Citi Global Transaction Services

2003 - 2007 Policy Adviser, Securities Services and Payments, European Banking Federation

2003 Stagiaire Program Participant, European Commission DG ECFIN

2001 - 2003 Financial Adviser, Commerz Grundbesitz Investmentgesellschaft mbH

External industry positions:

2007 - 2018 Chair of the European Banking Federation's Payments Regulatory Expert Group (PREG)

2010 to date Chair of the EPC's Payment Security Working Group

2013 - 2018 Chair of the BAFT Global Regulatory Affairs and Public Policy Committee, Member of the BAFT European Council and member of the Global Innovation Regulatory WG

2004 - 2018 Member of the EU Commission's Payment Systems Market Expert Group (PSMEG)

2016 - 2018 Board Member Euro Banking Association (EBA)

2015 - 2018 EBA Clearing and EBA Association Shareholder Representative for Citi

2013 to date Member of the Advisory Board of the European Association for Biometrics

2017 - 2018 Member Bank of England RTGS Renewal Stakeholder Board

2017 to date Founding Member of the Global Blockchain Business Council