LME announces interim chairman of the board
The London Metal Exchange (LME) has announced that John Williamson, currently LME non-executive director, will become the LME’s interim chairman, effective 28 April 2023. John will replace Gay Huey Evans CBE, who steps down from the board at the end of April and whose departure was announced earlier this year.
Commenting on the appointment, Laura M Cha, LME non-executive director, chair of the LME Search Committee and HKEX Group chairman, said, “John has an exceptionally relevant range of skills and experiences, that together with his in-depth understanding of the LME’s market, business and industry, will be instrumental in providing strong leadership to the LME as it executes on its strategy in the months ahead. On behalf of the board, I would like to thank Gay for her leadership over the last three plus years and wish her the very best for the future.”
Commenting on his appointment, Williamson said, “I am delighted to be stepping-up to the role of interim chairman of the LME. Recent years have presented challenges for both the industry and the business but, I am certain of the LME’s continued role as a vital global marketplace for the pricing and trading of metals. I would like to personally thank Gay for her stewardship and I look forward to working with Matt, my fellow board directors and the entire LME community as we work together for the advancement of the market as whole, championing transparency, choice and sustainability.”
Gay commented, “It has been an honour to serve as the chair of the LME and I would like to thank the board and management for their support. Working closely with John during my tenure, I believe that he is the most qualified and capable individual to lead the organisation at this critical juncture. I would like to wish him and the entire LME team all the best for the future.”
LME chief executive, Matthew Chamberlain said, “I am delighted that John will become the LME’s interim chairman. This is a particularly important time for the LME as we look to the future and seek to support the market and our customers in a dynamic and evolving landscape. John’s deep knowledge of our business and his extensive international experience will be invaluable to us as we look to drive forward our two-year programme to strengthen and enhance our markets.”