LCH veteran Davie set to depart

Clearer looking to fill new role in head of SwapClear and listed rates

Michael Davie 2017
Michael Davie: leaving to pursue “personal goals”

The head of rates at LCH Group, Michael Davie, is set to depart the clearing house later this year.

Davie, who has been in his latest role since July 2017, and has worked for LCH and its majority owner the London Stock Exchange Group in a variety of roles since 2010, is leaving to pursue “personal goals” and spend more time with his family, according to an internal memo. He is expected to formally depart in September.

Bruce Kellaway, global head of RepoClear, EquityClear and collateral at the

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