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

London Stock Exchange Group (LSEG) announced today, June 12, 2025, that Nick Rustad has joined the company as the new Group Head of LCH SwapClear and Listed Rates. In this role, Mr. Rustad will be responsible for driving performance and growth, as well as ensuring the continued resilience of the SwapClear and Listed Rates clearing services. He will report directly to Susi de Verdelon, CEO of LCH Limited, and join her leadership team.

Nick Rustad brings 25 years of experience in financial services to his new position. He most recently served as Deputy Chief Operating Officer at Taula Capital Management. Prior to this, he spent over two decades at JPMorgan, where he led the Global Futures and Derivatives Clearing business.

Additionally, Mr. Rustad was a member of the Board of Directors for the Futures Industry Association (FIA) from 2016 to 2022, including a two-year term as chairman. He also served as a non-executive Director for LCH Limited from 2021 to 2022.

Susi de Verdelon, CEO of LCH Limited, expressed her welcome for the new appointment: "I am delighted to welcome Nick Rustad as Group Head of LCH SwapClear and Listed Rates. Nick's experience will be incredibly valuable as we focus on delivering new products, as well as the growth and resilience of the services in the years to come."