People moves: CME appoints chairman for Europe
CME has announced that it has appointed industry veteran Otto Nageli as its chairman designate of CME Clearing Europe. Nageli, who was instrumental in the establishment of electronic trading, will serve as non-executive independent chairman of the board of CME Clearing Europe.
“I am delighted that Otto will serve as chairman of the board of CME Clearing Europe,” says Andrew Lamb, chief executive of CME Clearing Europe. “His vast experience of the technical, regulatory and customer-facing issues involved in establishing and running a successful clearing facility will be invaluable to us as we build our operations over the coming years.”