LCH.Clearnet taps retired NY Fed VP for board post

Christine Cumming joins as independent non-executive director

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The US arm of global clearing house LCH.Clearnet Group has appointed Christine Cumming, a retired Federal Reserve Bank of New York vice-president, as an independent non-executive director on its board, effective immediately.

Cumming will also serve as a member of the firm's risk committee, the group announced on October 20.

"Christine has had a distinguished career at the Federal Reserve Bank of New York, often leading and participating in the work of a number of international financial policy

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