LCH SA Elevates Corentine Poilvet-Clédière to CEO

​(Source: LinkedIn)

The European CCP based in Paris and a subsidiary of LCH Group, LCH SA, announced yesterday the promotion of Corentine Poilvet-Clédière to its CEO, with effect from 1 October 2023.

Corentine succeeds Christophe Hémon, who has been on the CEO role for around 20 years.

Currently, she is Head of RepoClear and Collateral Management at LCH SA, leading the euro-denominated debt and repo clearing service, RepoClear, as well as the clearing house's collateral management function. Prior to this, she served LSEG as Global Head of Regulatory Strategy.

Previously, Corentine was part of the team involved in the launch of the CDS clearing house CDSClear as Governance Manager at LCH SA.

In addition, she held roles at EY Financial Services, BNP Paribas and Crédit Agricole CIB.

In her new role, Corentine will report to Daniel Maguire, LSEG Head of Post Trade and CEO of LCH Group.

"I'm delighted that Corentine will be assuming the role of CEO, LCH SA. I look forward to continuing to work with her as we expand our multi-asset class offering, and deliver new products and services across LCH SA, the leading EU-based clearing house," commented Daniel Maguire.

"I would also like to take this opportunity to thank Christophe for his distinguished service and leadership. He has expertly led LCH SA for many years through multiple market events and has overseen substantial growth of the business. I wish Christophe all the best as he embarks on his next chapter," he added.

Corentine Poilvet-Clédière said, "I'm honoured to be leading LCH SA, and I look forward to working with the team in Paris and the wider LSEG Post Trade team to deliver more innovation and efficiencies to our customers and the markets we serve. Having spent many years at LSEG, I know the key role that LCH plays in providing resilient and systemically important risk management services to global customers across asset classes. I look forward to building on the excellent foundations laid under Christophe’s leadership and lead LCH SA through its next stage of growth."

In July, Fazzaco reported that LCH SA has merged​ its RepoClear Euro debt service, which includes specials and general collateral, with its €GCPlus service, a general collateral tri-party basket repo clearing service.