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Sucden names non-exec chairman and new CEO

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Sucden Financial’s Michael Overlander is to move from his current role as CEO to become Non-Executive Chairman, and will be succeeded by Deputy CEO Marc Bailey, withh efect from 1 January 2020.

Serge Varsano will remain on the board as Non-Executive Director, stepping down from his current role of Chairman of Sucden Financial.

As Non-Executive Chairman, Overlander will hold responsibility for the effective performance of the board. In addition, he will continue to manage some key client and exchange relationships, most notably involving the London Metal Exchange.

As Chief Executive Officer, Bailey will be responsible to the chair and the board, for the leadership and delivery of the company’s growth-strategy, for existing and new business areas.

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