LCH.Clearnet Group today announces that it has appointed John Vinci as Head of its Repo Clearing Business, North America. John will join LCH.Clearnet on 13 July and will be responsible for establishing LCH.Clearnet’s RepoClear service in the US. John will report jointly in to David Weisbrod, CEO, LCH.Clearnet LLC and Bruce Kellaway, Global Head of Fixed Income, LCH.Clearnet Group.
John has extensive experience in operations, product design, business and risk management. He joins LCH.Clearnet from BNY Mellon, where he was Managing Director and a member of the Bank’s Operating Committee. In this role, he was responsible for product management and strategy within the Broker Dealer Services Division. John has also held positions at J.P. Morgan Chase and Bankers Trust Company.
David Weisbrod, CEO, LCH.Clearnet LLC said: “LCH.Clearnet Group is already a market leader in repo clearing and this new appointment will support the business’ growth ambitions in North America, working with our clients and members to deliver greater efficiencies in the US fixed income markets.”
John Vinci added: “I am delighted to be joining one of the world’s most important and respected clearing houses. LCH.Clearnet is a global force in repo clearing and end user client clearing, and I am looking forward to developing our US offering.”
