LCH Group names Bailey as chairman

Marshall Bailey and Ruth Wandhöfer will join the board of the London Stock Exchange Group, LCH’s majority owner

Marshall Bailey: president and global head of the ACI Financial Markets Association for two years

Marshall Bailey has been appointed chairman of LCH Group and an independent non-executive director of the board of directors at the London Stock Exchange Group (LSEG), the majority-owner of LCH. Ruth Wandhöfer will also join the board.

Bailey, who received an OBE this year, replaces Lex Hoogduin, who stepped down from his roles as chairman and non-executive director at the clearing house.

Hoogduin had been a member of the LSEG since December 2015 and the chair of LCH Group since March 2015. He

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