Committees

Management Committee

The Committee has general overall responsibility for the Association's policies. It directs the activities of the other four committees (Physical, Public Affairs, Finance and Membership), from which it receives regular reports.

LBMA Chairman: Jeremy Charles, HSBC Bank USA, NA, London Branch

LBMA Vice Chairman: Martyn Whitehead, Barclays Bank

Philip Aubertin, UBS Ltd

Stephen Branton-Speak, Goldman Sachs International

Kevin Crisp, Mitsubishi Corporation UK plc

David Gornall, Natixis Commodity Markets Ltd

Steven Lowe, Bank of Nova Scotia - ScotiaMocatta

Gerhard Schubert, Fortis Bank SA/NV UK Branch

Physical Committee

Chairman: Peter Smith, JPMorgan Chase Bank

Tony Dean, HSBC Bank USA, NA, London Branch

Erwin Diethelm, UBS AG

David Gornall, Natixis Commodity Markets Ltd

Neal Johnson, Standard Bank Plc

Conway Rudd, Bank of Nova Scotia - ScotiaMocatta

Public Affairs Committee

The main aims of the Public Affairs Committee are to publicize the role and function of the LBMA, disseminate market-related information and to provide opportunities for debate and social interaction among market participants.

Chairman: Kevin Crisp, Mitsubishi Corporation UK plc

David Holmes, Dresdner Bank AG London Branch Public

Darryl Hooker,EBS Dealing Resources

Ross Norman, TheBullionDesk

Stephen Pender, Fortis Bank US/NV UK Branch

John Reade, UBS Ltd

Edel Tully, Mitsui Global Precious Metals

Paul Walker, GFMS Ltd

Tim Wilson, JP Morgan Chase

Membership Committee

The main aims of the Membership Committee are to ensure that the quality of the Association's Membership is maintained, and to encourage all suitably qualified companies involved in the bullion business to join the Association as Market Makers, Members or Associates.

Chairman: Paul Merrick, Calyon London

Robert Davis, BNP Paribas

Nick Frappell, RBS Sempra Metals Ltd

Eijiro Nagao, Sumitomo Corporation Global Commodities

Peter Roberts, Mitsubishi Corporation UK plc

Gerhard Schubert, Fortis Bank SA/NV UK Branch

Finance Committee

The Finance Committee is responsible for monitoring the LBMA's finances, preparing the annual budget in the autumn and examining the draft accounts around March each year. In addition, it is consulted on any major items of expenditure.

Chairman: Richard England, Standard Bank Plc