LME appoints former banker as chief financial and administrative officer

The London Metal Exchange (LME) has appointed former Credit Suisse banker Robert Arbuthnott as group chief financial and administrative officer, it said on Monday.

Arbuthnott served as head of group finance and chief accountant for the Credit Suisse Group for seven years and before that was the CFO of the UK business, a statement said.

Arbuthnott, a chartered accountant, take up the post immediately at the world’s oldest and largest market for industrial metals.

The LME is owned by Hong Kong Exchanges and Clearing Ltd.

(By Eric Onstad; Editing by Louise Heavens and David Goodman)