PracticeConsultingLSE set to appoint first woman chief

LSE set to appoint first woman chief

Claire Furse, a former investment banker, looks set to become the first woman chief executive of the London Stock Exchange.

Furse, 43, the former head of the derivatives division at French bank, Credit Lyonnais Rouse, is expected to take up her appointment in February, according to online news service Breakingviews.com

Before joining Credit Lyonnais, Furse was a managing director at UBS where she ran its debt futures business. She was also a board member of Liffe, the London financial futures exchange, during most of the 1990s, holding the position of deputy chairman from 1997 to 1999.

The LSE is expected to make the appointment public after its board meeting on Wednesday. However Don Cruickshank, the LSE’s chairman, told Breakingviews.com: ‘I’m not commenting on any board matters.’

Furse would succeed Gavin Casey who quit the post late last year after the proposed LSE merger with Frankfurt’s Deutsche Boerse collapsed.

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