Suneel Bakhshi named as LCH.Clearnet boss

THE London Stock Exchange Group yesterday named Suneel Bakhshi (pictured) as chief executive of LCH.Clearnet, the clearing business in which it owns a majority stake. Bakhshi is currently president and chief executive of Citigroup Global Markets Japan, and is expected to join LCH.Clearnet early next year, pending regulatory approval. He will also become a member of the LSE’s group’s executive committee. Jacques Aigrain, who has been acting as interim CEO of LCH.Clearnet since last month, will return to his position as non-exec chairman.