About Us
LBMA Sub-Committees
Our Market and Board Sub-Committees advise on specific areas of expertise, enabling us to benefit from the knowledge, experience and dedication of senior members.
About Us
Our Market and Board Sub-Committees advise on specific areas of expertise, enabling us to benefit from the knowledge, experience and dedication of senior members.
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. View the Committee’s Terms of Reference.
Brian Pereira joined Brink's Limited in April 2008 and more recently became the Chair of the Finance Committee, having been on the Committee since 2012.
The Physical Committee is responsible for monitoring, developing and protecting the Good Delivery List. View the Committee’s Terms of Reference.
Ian began his Bullion career at JP Morgan in 1990 in Operations and held many roles in across a wide range of physical Commodities. He was very active in the Aurum development for Unallocated Clearing and acted as project manager for the LPMCL and JP Morgan in defining, developing and the testing of Aurum.
He joined Credit Agricole in 2007 to develop their Middle Office and Operations capability across Base metals, Energy and Bullion, and later building the capabilities to support European physical Gas and Power.
In 2013, Ian joined Standard Chartered Bank Commodities team as Head of Commodities Operations for Europe. Ian current role is Head Precious Metal Transaction management unit, and his team, who are based in Singapore and London are responsible for the management of the global inventory of all Standard Chartered entities. SCB have a significant Bullion derivative and physical global business with a strong physical capability in India, China and the Middle East.
The Public Affairs Committee is primarily responsible for organising events and speaker programmes, most notably for the LBMA Global Precious Metals Conference. View the Committee’s Terms of Reference.
Suki is the Bank’s Precious Metals Analyst, based in New York. She covers the markets for gold, silver, platinum, palladium and other platinum-group metals, along with the key producing countries and consuming sectors. She joined Standard Chartered in 2015 from Barclays, where she spent 11 years, most recently as Head of Metals Research.
Suki has worked with corporates, refiners, physical traders, sovereign wealth funds and central banks, institutional investors, hedge funds and private wealth firms, providing analysis and the outlook for the precious metals sector. Previously, she was a Chartered Accountant at PriceWaterhouseCoopers.
She is an ACA Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW).
The Membership Committee is responsible for ensuring that the quality of the Association's Membership is maintained, as well as to encourage all suitably qualified companies involved in the bullion business to join the Association as Members. View the Committee’s Terms of Reference.
Nick is the Global General Manager of ABC Bullion in Sydney, the international facing role of business. Nick started his career in precious metals with Bank of Boston, then trading for Sumitomo Corporation Tokyo, arbitraging TOCOM gold futures and dealing with overseas banks and Central banks, then SC Europe, where he ran the precious metals swap books and Islamic finance book.
He moved to become manager of RBS Sempra Commodities Precious Metals desk, then the head of the Triland Futures precious desk. He then moved to join Mitsui Precious Metals Inc. in London before joining their team in Hong Kong to grow their Australasian business. Nick was formerly a member of the LBMA’s Management Committee, the Finance committee and has been involved in the Membership Committee for a number of years.
He has a bachelor’s degree in Economics with Psychology from City, University of London, a Diploma in Statistics from the Open University, UK, and a Master’s in Finance with Economic Policy from the School of Oriental and African Studies, University of London. He has worked in London, Tokyo, Singapore, Hong Kong and Sydney.
The Regulatory Affairs Committee monitors and disseminates information concerning international regulation affecting the bullion market. View the Committee’s Terms of Reference.
In his current role, Tobias provides compliance advisory coverage to the Global FX Sales and Trading Business, specifically focussing on Commodities at HSBC, as well as dedicating time to the compliance framework being crafted for ESG related structures and transactions. He also lends support in relation to the overarching governance support for Financial Benchmark regulation.
A significant amount of his time is spent covering the precious metals business including the physical metals and custody business. He is also the global lead for commodities compliance, hence has significant involvement with both the US and Asia markets. Globally, HSBC has a comprehensive offering in precious metals and a long history of participation in the bullion market.
Prior to joining HSBC, Tobias was commodities compliance coverage at Barclays and prior to that covered exchange traded derivatives and commodities at UBS for a number of years, three of which were spent in the UBS Singapore office. Preceding this, Tobias was at Morgan Stanley within the FICC compliance team. He also sits on the FIA Compliance Committees (for metals) where a broad range of global regulatory matters are discussed in line with evolution and changes in the metals markets.
The Refiners' Committee discusses issues facing the refining industry, exchanges ideas and promotes dialogue with LBMA. View the Committee’s Terms of Reference.
Ruth was appointed Chief Executive of the LBMA in January 2014. She is responsible for the success and strategic development of the LBMA, in partnership with the Chairman and the Board. She is also responsible for maintaining accountability to and the quality of, the Association's Membership and Good Delivery Refiners as well as representing the interests of the Association in relation to regulators, investors, media and international precious metals markets.
Before being appointed Chief Executive, she spent seven years working in the Association, initially as Commercial Director and then as Deputy Chief Executive, where she acted as the main lead on Governmental Affairs. She was also responsible for the Association's work on supply chain due diligence, with particular regard to the creation and implementation of the LBMA’s Responsible Gold Guidance. She has represented the Association at industry, governmental and multi-stakeholder regulatory forums. She continues to serve as Vice Chair of the OECD Multi-Stakeholder Governance Group for Responsible Minerals. As Commercial Director, she oversaw the development of the LBMA Conference, the LBMA's quarterly publication the Alchemist and the LBMA website.
Prior to joining the LBMA, she worked in bank finance and US corporate law at the law firms of White & Case and Norton Rose, and also acted as a monitor at the UN Commission on Human Rights in Geneva. She has an MSc in History of International Relations from the London School of Economics and a degree in English Literature from Kenyon College in Ohio.
