The London Metal Exchange (LME) has appointed Colin Griffith as a consultant for its LME Precious Metals Services.
Griffith will be working with the project lead, Joanna Stuart, together with Chris Evans, Head of Business Development, to promote and market the various LME services for the London precious metals markets. These services currently include a joint initiative with the LBMA to collect and distribute gold, silver and gold IRS curves as well as a joint initiative with LCH.Clearnet to clear OTC gold trades based on Loco London delivery for LBMA clearing members.
Griffith has over 30 years of experience in both base and precious metals markets and held senior positions at Standard Bank, Credit Suisse and Mocatta. He was the Executive Director of the Dubai Multi Commodities Centre (DMCC) and latterly Chairman of the Dubai Gold & Commodities Exchange (DGCX) in 2007.
LME Chief Executive, Martin Abbott, says: “We are delighted that Colin will be joining us to help the LME reach out to the precious metals markets participants. Colin’s expertise in the precious metals industry coupled with his knowledge of LME markets will prove invaluable to our membership as well as the participants of the London bullion markets.”
