London Stock Exchange announced Dr Chris Gibson-Smith, is to become the exchange's next chairman when Mr Don Cruickshank steps down at the end of July.
Mr Gibson-Smith is currently chairman of National Air Traffic Services (NATS) Ltd, a post he took up after being a managing director at BP.
He is also a non-executive director of Lloyds TSB Group and British Land.
He will join the Exchange Board from May 1st and will succeed Cruickshank after the AGM.
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Chief executive Ms Clara Furse commented: "I am delighted to welcome Chris Gibson-Smith to the Exchange. His international commercial experience and strategic acumen will help us to strengthen our position as the world's most global exchange business."
AFP