December 03, 2008

LME appoints Ms Liz as commercial director

The London Metal Exchange has announced the appointment of Ms Liz Milan as director commercial and Mr Craig Hewett as deputy director. They will head up a new department combining all LME marketing and commercial activities and will assume their roles with immediate effect.

Ms Liz has been with the Exchange since January 2005, initially as head of physical operations and appointed steel project director in October 2006. Prior to the LME, Ms Liz worked in physical steel trading and LME client liaison work for a number of companies including Mitsubishi, Stemcor and Sempra Metals Ltd.

Mr Craig joined the LME in 2000 as head of marketing and was appointed Head of LME Data in July 2005, launching the Exchange's own direct data product, LMElive in January 2008. He began his career in sales working in a number of positions for Xerox products and services.

Mr Martin Abbott CEO of LME said that "Ms Liz and Mr Craig bring many years of wide and diverse experience to their new roles and I am confident that they will make a valuable contribution to the Exchange's commercial strategy, approach and operation. I look forward to working with Liz and Craig in this new context as we go forward."

LME is the world’s premier non-ferrous metals market and achieved volumes of almost 93 million lots in 2007 an increase of 7% YoY on 2006 figures and equivalent to USD 9,500 billion in monetary terms.