The London Metal Exchange (LME) today announces that Tom Hine, LME Group General Counsel and Head of Enforcement, will step down at the end of January after 17 years of service.
LME Chief Executive, Matthew Chamberlain commented: “Tom has been a much valued colleague and member of the Group Executive Committees for many years. Tom was instrumental in the HKEX acquisition of the LME in 2012, as well as the LME’s warehousing reforms and related litigation wins and enforcement actions. His knowledge of the Exchange, the Clearing House and metals industry more broadly, have proven invaluable and he will be missed. Together with the Management Team, we would like to sincerely thank Tom for his contributions to the LME and wish him the very best in his next career adventure.”
Tom Hine commented: “I have greatly enjoyed my career at the LME. Watching the Exchange develop over the last decade following the HKEX acquisition has been extremely rewarding – and I feel privileged to have played a part in that ongoing journey. I have taken the difficult decision to move on from the LME with the intention of setting up my own business and I would like to thank all of my colleagues for their support and collaboration over the years.”
Tom joined the LME in 2006 as Legal Counsel before becoming General Counsel in 2010. Following the launch of LME Clear, in 2017 Tom became General Counsel and Head of Enforcement for the LME Group. Tom has been a member of the Group Executive Committees since 2010 and has overseen the Company Secretariat function since 2018.
From September 2022 until the start of 2023, the LME Group Legal Management Team temporarily assumed Tom’s overarching responsibilities while he undertook a period of extended leave. This management structure will remain in place, with any further changes communicated to the market at the appropriate time.