Electronic trading platform MarketAxess has appointed Lesley Daniels Webster to its board of directors.
Daniels Webster (pictured) is the founder and president of Daniels Webster Capital Advisors, a consulting firm specialising in enterprise risk management. In this capacity she has designed corporate governance and capital allocation structures, as well as led complex credit evaluations for a broad range of major financial institutions, including wealth and asset management firms, banks, consumer lenders, clearing houses and government organisations.
From 2000 to 2005, Daniels Webster was executive vice president, market risk and fiduciary risk management at J.P. Morgan Chase, where she was responsible for firm-wide market and fiduciary risk management. From 1994 to 2000, Daniels Webster was global head of market risk management at Chase Manhattan/Chemical Bank. Daniels Webster started her career in the securities industry and held senior trading positions at global firms including UBS and Chase.
Rick McVey, chairman and chief executive officer of MarketAxess, says: “We are delighted to welcome Lesley to our board of directors. She is an accomplished risk professional with a unique skill set, who has overseen extensive risk assessments for numerous, significant organizations. Lesley’s experience of managing risk across large and complex financial institutions will be of great value as we continue to expand our trading and technology solutions for the credit markets.”
Daniels Webster says: “I am very pleased to join the board of MarketAxess at a time when the credit markets are so rapidly evolving, with MarketAxess at the centre of many of these changes. As technology plays an increasingly critical role in the fixed income markets, robust risk management will be more crucial than ever. I look forward to working with Rick and the rest of the team as we enter into what promises to be a new and exciting era for credit trading.”