Committees

Management Committee

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

LBMA Chairman: David Gornall, Natixis

LBMA Vice Chairman: Steven Lowe, Bank of Nova Scotia - ScotiaMocatta

LBMA Chief Executive: Stewart Murray

Grant Angwin, Johnson Matthey

Philip Aubertin, UBS Ltd

Simon Churchill, Brink's Limited

Peter Drabwell, HSBC Bank USA NA, London Branch

Jeremy East, Standard Chartered Bank

Kevin Roberts, JPMorgan Chase Bank

Observer: Andrew Grice, Bank of England

Physical Committee

The Physical Committee is responsible for monitoring, developing and protecting the Good Delivery List.  It also ensures that standards are maintained with emphasis on continuous improvement and transparency of the market.

Chairman: Peter Smith, JPMorgan Chase Bank

Simon Churchill, Brink's Limited

Tony Dean, HSBC Bank USA, NA, London Branch

Erwin Diethelm, UBS AG

Tony Evanson, Barclays Capital

Neal Johnson, Standard Bank Plc

Conway Rudd, Bank of Nova Scotia - ScotiaMocatta

Raj Kumar, Deutsche Bank

Public Affairs Committee

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

Chairman: Edel Tully, UBS

Tom Coghill, Standard Chartered

Suki Cooper, Barclays Capital

Tom Kendall, Credit Suisse Securities (Europe) Ltd

Steven Lowe, Bank of Nova Scotia - ScotiaMocatta

Stephen Pender, Crédit Agricole CIB London

Chris Thompson, Sumitomo Corporation Global Commodities Limited

David Jollie, Mitsui & Co Precious Metals

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: Michael Ludwig, Standard Chartered Bank

Philip Aubertin, UBS Ltd

Davide Collini, BNP Paribas

Robert Davis, Toronto Dominion Bank

Nick Frappell, Mitsui & Co Precious Metals

Sunil Kashyap, Bank of Nova Scotia - ScotiaMocatta

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

Jeremy East, Standard Chartered Bank

Peter Roberts, Mitsubishi Corporation International (Europe) Plc

Brian Pereira, Brink's Limited

Regulatory Affairs Committee

The main aims of the Regulatory Affairs Committee (RAC) are to monitor and disseminate information concerning international regulation affecting the bullion market.  The RAC also suggests and outlines possible actions that the Association may take in response to proposed or upcoming regulation.

Chairman: Martin Ford, Standard Bank

Ed Wells (alternate: Sarah Masterson), HSBC Holdings Plc

Victoria Attwood-Scott, Goldman Sachs

Mehdi Barkhordar, PAMP

Neal Davies, Sumitomo Corporation Global Commodities Limited

Phil Howard, JPMorgan Chase Bank

Graham Jelf, Standard Chartered Bank

Ruth Laslo, UBS AG

Janet McCarthy (alternate: Laurence Drummond), Metalor

Tony Ricci, Barclays Capital

Matt Scott, Deutsche Bank

Kevin Willoughby, Bank of Nova Scotia - ScotiaMocatta

Kevin Roberts, JP Morgan Chase Bank

Observer: John Bullock, IPMI

Observer: Jonathan Melrose, Simmons & Simmons LLP