Clearing services provider LCH has appointed Yutaka Imanishi as Head of Japan with immediate effect, the firm announced today.
Imanishi will be responsible for LCH's business in Japan, including the firm's office in Tokyo.
He will report to Kate Birchall, Head of Asia Pacific at the company.
LCH is licensed in Japan for offering clearing services for non-Yen IRS and FX NDFs to Japanese financial institutions.
Imanishi joins LCH from CME Group, where he was Executive Director, Optimisation Japan. He also served as CEO of Asia Pacific at TriOptima. In this position, he oversaw the firm's compression and portfolio reconciliation business in the Asia Pacific region. Prior to joining TriOptima, Imanishi held a number of roles at Nomura and other banking groups across Australia, Japan, and Singapore.
Committing to Japan and Asia-Pacific
The appointment demonstrates LCH's long-term commitment to Japan and the wider Asia-Pacific region.
"I'm delighted to welcome Yutaka to LCH as Head of Japan. He brings extensive experience of the derivatives markets and serving clients from Japan and across the world. His appointment will support and enhance LCH's presence and continued growth in Japan. LCH is committed to our partnership with the Japanese market and he will be an undoubted asset in leading our team in Japan," said Kate Birchall, Head of Asia Pacific at LCH.
"I am honoured to join LCH as the Group's new Head of Japan. Clearing is of critical importance to the stability of the financial system and I look forward to working with members and clients to help them manage their risk," Yutaka Imanishi, Head of Japan at LCH, said.