LME confirms Williamson as chairman

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The London Metal Exchange (LME) has announced that John Williamson, currently LME interim chairman, will become the LME’s chairman, effective immediately under a new fixed-term contract through to 28 April 2026.

Commenting on his appointment, Williamson said: “I am delighted to have been asked to continue in the role of Chairman of the LME. Since taking on the interim role in April this year, we have already made good progress in strengthening the LME Board; we have attracted a number of experienced new talents to the group and we continue to drive forward, at pace, the LME’s two-year strategic development programme.

“Over the last six months, I have very much enjoyed working with the Board and the executive team and I remain fully committed to supporting the future of the LME and to reinforcing the pivotal role that it plays in the global metals community. The macro backdrop is a challenging one, and it is institutions such as the LME that provide the certainty, clarity and robustness that facilitate global markets and the global economy.

“Looking forward, without losing this resilience or functionality for which the LME is known, we will continue to focus on measures that will advance the market’s structure, keeping the LME competitive and attractive, driving liquidity, and supporting our members and customers as they deliver their own success.”

LME chief executive, Matthew Chamberlain, said: “I am delighted that John will become the LME’s new permanent chairman. Confirmation that he will be with us at this important time for the industry and the LME is great news. John has already demonstrated his commitment to the business and the industry, and his experience, knowledge and passion will be invaluable as we move forward. I know I speak on behalf of the full LME team in congratulating John, and I very much look forward to working with him in the future.”

The appointment of Mr Williamson has been through the usual regulatory processes.

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