Commodities moves: LME CTO leaves, Cogolludo to head Citi commodities, and more

Commodities moves: LME CTO leaves, Cogolludo to head Citi commodities, and more 750 463 C-Suite Network
London Metal Exchange

The London Metal Exchange’s chief technology officer, John Lee, will leave at the end of March, the LME confirmed.

Lee joined the LME in January 2015 from NYSE Euronext, where he worked as global head of the project management office and IT executive for the clearing business, overseeing clearing technology at NYSE Euronext Liffe and the migration of the Liffe market from LCH to Ice Clear Europe.

The LME credited him with overseeing IT upgrades at the exchange over the last three years, and also with implementing the technology behind its Mifid II and LMEprecious projects. His replacement will be announced shortly.

Citigroup’s Staley makes leap to Hong Kong

stuart-staley-citi-1
Jose Cogolludo
Jose Cogolludo

Citigroup’s global head of commodities, Stuart Staley (far right), is to move from London to Hong Kong to take up a new role as head of markets and securities services for Asia.

His replacement is José Cogolludo (right), the bank’s head of sales for commodity derivatives. Cogolludo will report…