LME Clear board structure

The constitution of the Board is defined in the Articles of Association of LME Clear. The Board comprises: 

  • four executive directors (the "Executive Directors"); and 
  • five non-executive directors (the "Independent Directors").

The Executive Directors are the Chief Executive of LME Clear, the Chief Executive of the LME, the Co-Head of Market Development of HKEX and the Group Risk Officer at HKEX. In respect of the Independent Directors, two of these are appointed by the Shareholder, HKEX UK, and three are appointed by the Board.

As of December 2020, the Directors are as follows:

LME Clear Directors

Marco Strimer - Chairman

Marco Strimer, a Swiss citizen, has been in the financial industry for nearly 40 years with a strong focus on clearing and operations. For the last 10 years he led Operations at Raiffeisen Schweiz, Notenstein Private Bank and Bank J. Safra Sarasin. Before, Marco Strimer was CEO of SIX x-clear, a recognised overseas clearing house in the United Kingdom belonging to SIX Group. At the same time, he was a member of the Executive Board of the Securities Services Division of SIX Group. 

Romnesh Lamba - HKEX CO-Head of Market Development

Mr Romnesh Lamba is HKEX’s Co-head of Market Development and member of the HKEX Management Committee.  Prior to join HKEX, Mr Lamba was a senior adviser of Asia ex-Japan corporate finance and capital markets business of JP Morgan (Hong Kong) from 2008 to 2010.  From 2000 to 2008, he held various senior positions in Merrill Lynch (Asia Pacific), including Managing Director of investment banking, Chief Operating Officer of China origination business, and Head of Asia energy and power team.  Prior to 2000, he worked in various investment banking positions for firms in Hong Kong and the United States of America. 

Mr Lamba holds a Bachelor of Science degree in Economics and a Master of Business Administration degree from the Wharton School, University of Pennsylvania.

Adrian Farnham - LME Clear CEO

Mr Farnham joined Turquoise Global Holdings Ltd (LESG) in 2007 as chief operating officer and became chief executive officer in 2010. He was instrumental in the market launch of Turquoise, working with Cinnober Technology on the initial implementation of the platform. In 2011 he led the platform expansion into derivatives. Prior to Turquoise, Mr Farnham worked as an executive director of operations at Morgan Stanley for 13 years. In 2013 he was appointed as the Chief Operating Officer of LME Clear, overseeing the building and eventually the day to day running of LME Clear. In January 2016 he was appointed as LME Clear’s Chief Executive.

Matthew Chamberlain - LME CEO

Matthew Chamberlain is the CEO of the London Metal Exchange and a member of the Management Committee of HKEX Group. He was previously the COO and Head of Strategy of the LME and co-Head of Business Development across the LME and LME Clear.

During his time at the LME, Matthew has led the LME's warehousing reform process, the deployment of the new London platinum and palladium prices and the LMEprecious initiative.

Matthew joined the LME in November 2012 having advised HKEX on the acquisition of the LME while heading European financial technology coverage at UBS. Previously, he was a founding member of the financial institutions coverage team at Perella Weinberg. He started his career at Citibank. Matthew holds an MA from Cambridge University.

Marye Humphery - INED

Mrs Humphery is an investment banking professional with over 30 years’ experience. She is currently working as an independent consultant providing strategic advisory services on European market infrastructure and financial services business, operations and administration.

Antony Stuart - INED

Mr Stuart was appointed as an Independent director of LME Clear Limited on 26 April 2016. Mr Stuart is a Chartered Accountant and Investment Banker. He was a Managing Director and Executive Committee member with N M Rothschild, where for thirty years he advised on strategy, financing and M&A for a wide variety of companies in the UK, Europe and Australia. He has held a number of non-executive directorships since his retirement in 2011 and currently is the Hon Treasurer and a Council member at the University of Surrey. He is also an Independent director of The London Metal Exchange.

Craig Young - INED

Mr Craig Young was appointed to LME Clear Limited in November 2020.  In his current role as Global CIO at SWIFT, Craig steers the global technology strategy while heading the development and operation of products and systems. Craig has extensive experience in steering comprehensive technology strategy along with product development, engineering and cybersecurity operations for telecommunications and financial services institutions. In his previous role as Senior Vice President and CIO at Verizon, he oversaw global network and technology supporting systems.

In his early career, Craig served as the cryptologic technician in the US Navy, earning cultivated broad technical aptitude, before progressing to technology implementation and support management roles. That versatile knowledge has given him a unique perspective as he has progressed to C-suite technology leadership positions.

He holds a bachelor’s degree in management information systems and was recently recognised as a 2019 Orbie Global CIO of the Year Award finalist. 


Richard Leung

Mr Leung joined HKEX in October 2011 and is currently the Group Chief Technology Officer.  In his position, Mr Leung is responsible for the technology strategy and operations in Hong Kong and London. He leads the technology effort across the Group to ensure the development and operations efforts are coordinated and the engagement with the vendors is optimised.


Mr Leung has worked with exchange and financial sector technology over the past three decades.  Prior to joining HKEX, he was the Chief Technology Officer for Chi-X Global.  Mr Leung joined Chi-X Global in conjunction with Chi-X Global’s 2008 acquisition of Cicada.  Prior to joining Cicada, Mr Leung held a 14-year career with Dow Jones Telerate in the Asia Pacific region, where he served in various senior technical positions.

Stephen Yiu

Mr Stephen Yiu was appointed to the Board of LME Clear Limited on 12 June 2017. Mr Yiu was the Chairman and CEO of KPMG China and Hong Kong from 2011 to 2015.
He joined KPMG Hong Kong in 1983 after graduating from Hong Kong Polytechnic and was seconded to KPMG in London from 1987 to 1989. He became a partner of the firm in 1994 and served as the Partner in Charge of Audit from 2007 to 2010. He became Chairman and CEO of KPMG China and Hong Kong on 1 April 2011. He was also a member of the Executive committee and board member of KPMG International as well as KPMG ASPAC from 2011 to 2015.

Mr Yiu was a member of Audit Profession Reform Advisory Committee and Mainland Affairs Committee of the Hong Kong Institute of Certified Public Accountants. He is currently a Council Member of Hong Kong University of Science and Technology and St Paul Co-educational College, an esteemed secondary and primary school in Hong Kong. Mr Yiu is a board member of the Independent Insurance Authority of Hong Kong; a newly established regulator for the insurance industry. He has recently been appointed an independent non-executive director of China Mobile Limited, the biggest mobile network operator in the People’s Republic of China.