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People moves news

Rohit Verma joins LCH as Head of Asia Pacific


22 July 2021 Singapore
Reporter: Bob Currie

Generic business image for news article
Image: LCH
LCH has appointed Rohit Verma as head of its Asia Pacific business.

Based in Singapore, Verma will lead the clearing house’s sales and business development activities in the Asia Pacific region, including its operations in Singapore, Sydney and Tokyo, and will be part of the company’s sales leadership team.

He assumes the role following Kate Birchall’s relocation to London earlier in 2021 to become LCH head of sales.

Verma moves to LCH from Citi, where he held senior positions in the futures, OTC clearing and FX prime brokerage areas, most recently as APAC head of OTC clearing and FX prime brokerage.

Before this, he worked in risk management at Deutsche Bank, Landesbank-Baden Wurttemberg and Credit Suisse. He started his career close to 20 years ago with Siemens in India.

Verma will report to LCH Ltd CEO Isabelle Girolami and will take over the role from 26 July 2021.

LCH, which is majority owned by London Stock Exchange Group, is incorporated in London (LCH Ltd) and Paris (LCH SA) and has offices in the US and Asia Pacific, offering clearing services across listed and OTC rates products, fixed income, credit default swap and FX, commodities, cash equities and equity derivatives. It also supports the non-cleared derivatives sector through LCH SwapAgent.
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