London Stock Exchange Group plc (LSEG) recently announced that Pascal Boillat has been appointed as Chief Operating Officer (COO).
Pascal will join the Group on 1 July 2024, reporting to David Schwimmer.
Based in New York, Pascal will reportedly “lead LSEG’s global operations division supporting the services delivered both to our people and to customers. He will also be a member of the Group’s Executive Committee.”
With a career spanning more than 35 years, Pascal has “held senior operational and technology roles for financial services firms around the globe.”
Most recently he “was Group Executive, Enterprise Services & Chief Information Officer at Commonwealth Bank of Australia (CBA) where he managed technology, operations and data management across the bank. Previous roles include Group Chief Information Officer at Deutsche Bank and Head of Operations and Technology for the US mortgage company Fannie Mae.”
David Schwimmer, CEO, LSEG:
“I am delighted to welcome Pascal Boillat as LSEG’s new Chief Operating Officer. He brings a wealth of experience having held senior leadership roles in operations and technology for global financial services firms.”
Pascal Boillat said:
“I would also like to thank David Shalders for his partnership in driving our integration and transformation programmes, following the acquisition of Refinitiv. I look forward to joining LSEG at an exciting juncture for the Group as it continues to build its position as a leading global financial markets infrastructure and data provider.”
As noted in the update, Pascal is a strategic and transformational operations and technology professional in the financial services industry “with a career spanning more than 35 years.”
A computer engineer experienced in “dealing with complex, large-scale problems, he has worked in global institutions across Europe, Australia, and the USA. Most recently he was Group Executive, Enterprise Services & Chief Information Officer at Commonwealth Bank of Australia (CBA) where he managed technology, operations and data management across the bank.”
He has a degree in electronic engineering from the Berufsschule in Zurich.
As mentioned in the announcement, LSEG (London Stock Exchange Group) is a global financial markets infrastructure and data provider, “playing a vital social and economic role in the world’s financial system.”
With their open approach, trusted expertise and global scale, they enable “the sustainable growth and stability of our customers and their communities.”
They are dedicated partners “with extensive experience, deep knowledge and a worldwide presence in data and analytics; indices; capital formation; and trade execution, clearing and risk management across multiple asset classes. ”
LSEG is headquartered in the United Kingdom, with “significant operations in 70 countries across EMEA, North America, Latin America and Asia Pacific.”
They employ 23,000 people globally, “more than half located in Asia Pacific. LSEG’s ticker symbol is LSEG.”
