JOHANNESBURG (miningweekly.com) – Following an independent executive search procedure, the London Bullion Market Association (LBMA) has appointed Dr Paul Fisher the new chairperson of the association, effective September 5.
Due to retire from the Bank of England at month end, Fisher would take the reins from LBMA’s current chairperson, Asahi Refining president Grant Angwin, who was stepping down after two-and-a-half years of service.
“Paul’s appointment marks an exciting new chapter for the LBMA. I would also like to take the opportunity to extend my thanks to Grant Angwin for his significant contribution during his tenure as chairperson,” noted LBMA CEO Ruth Crowell.
Angwin, meanwhile, welcomed Fisher on behalf of the board, adding that the appointment strengthened the governance of the LBMA.
As the LBMA’s first nonexecutive director chairperson, Fisher brought with him a wealth of financial market experience, following 26 years at the Bank of England. Prior to joining the LBMA, his last role was as deputy head of the Prudential Regulation Authority.