London Metals Exchange (LME) has appointed Matthew Chamberlain as its chief executive. At just 35 years old, he is the youngest chief exec of any exchange in the world.
A former UBS investment banker, Chamberlain has been interim chief executive of the LME since January this year when boss Garry Jones stepped down. He's previously worked as its chief operating officer and head of strategy, and co-head of business development.
In November 2012 he advised Hong Kong Exchanges and Clearing (HKEX) on its acquisition of the LME, before moving over full-time.
LME said he will work closely with Adrian Farnham, chief executive of LME Clear, while James Proudlock will take on the role of managing director and head of market development across both business.
“Matthew has proven himself to be a huge asset to the LME since he joined in 2012," said Sir Brian Bender, chairman of the LME.
Charles Li, chief executive of HKEX, added: “Matthew’s experience and knowledge of the LME means that he is uniquely suited to lead the business in the next stage of its evolution."