Ms Hackett will be responsible for maximising the value, reach and range of the Group’s existing customer relationships whilst pursuing new member and client business opportunities. Ali will report into the Group CEO, Suneel Bakhshi, and will be a member of LCH.Clearnet’s Executive Committee. She will be based in New York.

Ali has a formidable track record in sales with a global remit. Most recently she served as an industry advisor with Formation 8, helping portfolio companies to develop successful client partnerships. Prior to this, Ali was Senior Managing Director, Global Client Development and Sales at CME Group. In this role, she was responsible for leading the company’s global sales force and for the development, execution and management of the company’s global sales strategy across all asset classes. Previously, she spent nearly 20 years at Citi, serving in positions of increasing responsibility culminating with Managing Director and Co-Head of Global Prime Finance. She began her career as a trader for Prudential Bache Securities and has also held sales roles at Shearson Lehman, Drexel Burnham Lambert and Citibank N.A.

Suneel Bakhshi, CEO of LCH.Clearnet Group said: “LCH.Clearnet continues to play a critical role within global capital markets and our customer base reflects the international nature of our business. I am therefore delighted to welcome Ali Hackett to the Group. Her experience, expertise and deep knowledge of our industry will further strengthen our global management team. In her new role, she will be integral to ensuring that we maintain a harmonised approach in our relationships with customers as we continue to grow our business and services around the world.”