LSEG Appoints Nick Rustad as Group Head of LCH SwapClear and Listed Rates

The London Stock Exchange Group (LSEG) has announced the appointment of Nick Rustad as the new Group Head of LCH SwapClear and Listed Rates. In his new role, Rustad will be responsible for overseeing performance and growth across these clearing services, while maintaining their operational resilience. He will report to Susi de Verdelon, CEO of LCH Limited, and will join her leadership team.

Rustad brings extensive industry experience, including over two decades at JPMorgan, where he led the Global Futures and Derivatives Clearing business. Most recently, he served as Deputy Chief Operating Officer at Taula Capital Management. His previous roles also include a term as chairman of the FIA Board of Directors and a stint as a non-executive Director at LCH Limited.