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.
Physical Committee
The Physical Committee is responsible for monitoring, developing and protecting the Good Delivery List. View the Committee’s Terms of Reference.
Paul McKerrell is Head of Vaulting & Clearing at ICBC Standard Bank plc, a position he has held since 2022. He has a long-standing career in commodities banking and financial services and is a director of LPMC Limited. Based in London, Paul brings significant experience in governance and oversight within the precious metal sector.
- Andrew Lovell, J.P. Morgan Chase Bank N.A.
- Rita Davy Sen, HSBC
- Michel Mathieu, UBS AG
- Paul McKerrell, ICBC Standard Bank Plc
- Mark Woolley, Brinks Limited (UK)
- Philip Aubertin, Helveticor AG
- Allan Finn, Malca Amit
- Observer: Ian Hann, Bank of England
Public Affairs Committee
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).
- Rhona O’Connell, StoneX Financial Ltd
- Jonathan Butler, TD Securities
- Tom Kendall, ICBC Standard Bank
- Nikos Kavalis, Metals Focus
- Stephen Pender, BASF
- Rupen Raithatha, Johnson Matthey
- Joseph Stefans, MKS (Switzerland) SA
- Adrian Ash, BullionVault
- David Jollie, Anglo American
- James Steel, HSBC Securities (USA) Inc.
- John Reade, World Gold Council
Membership Committee
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 Head Institutional Markets, ABC Refinery in Sydney, NSW.
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.
- Ben Kleimunt, Sucden Financial
- Deniz Warren, Morgan Stanley
- Yang Lu, CME Group
- Rory McVeigh, CIBC
- Stephenie Turp, StoneX Financial Ltd
- Zornitsa Phillips, Mitsubishi Corporation
Regulatory Affairs Committee
The Regulatory Affairs Committee monitors and disseminates information concerning international regulation affecting the bullion market. View the Committee’s Terms of Reference.
Martin currently serves as a Senior Compliance Specialist at StoneX, focusing on the global commodities markets. StoneX provides access to a comprehensive suite of precious metals services, as well as base metals, energy, and soft commodities. Martin is a Chartered Member of the Chartered Institute for Securities & Investment (CISI) having begun his City career at The London Metal Exchange (LME). Martin went on to work in senior regulatory roles at BNP Paribas, Standard Bank, and Jefferies Bache, before directing a global regulatory transformation role with Invesco US.
- Kristen Amring, Bank of Montreal
- Ilyas Arrad, TD Securities
- Michael Brosius, Mitsubishi Corporation
- Martin Ford, StoneX
- Simon Houghton-Dodd, Asahi Refining
- Simon Jackson, HSBC Bank plc
- Nimisha Kanabar, Morgan Stanley
- Russel Kay, Bank of America
- Andrea Kniewasser, Royal Canada Mint
- Tom Little, UBS AG
- Tara Puri, Goldman Sachs
- Tony Ricci, StoneX Financial Ltd
- Yana Richardson, ICBC Standard Bank Plc
- Shari Salinas, J.P. Morgan
- Henry Tran, Standard Chartered Bank
- Timothy Webb, J.P. Morgan
- Tobias Wilson, TD Securities
- Observer: Anne Dennison, LPPM
Refiners' Committee
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.
- Cameron Alexander (The Perth Mint)
- Steven Art (Umicore)
- Praveen Baijnath (RAND)
- Nicolas Carrera (Metalor)
- Paul Healey (Asahi)
- Simone Knobloch (Valcambi)
- Robin Kolvenbach (Argor-Heraeus)
- Hitoshi Kosai (Tanaka)
- Henrik Marx (Heraeus)
- Phaedon Stamatopoulos (MKS PAMP)
- David Woodford (ABC Refinery)
- Rob Sargent (RCM)
ASM Task Force
The ASM Task Force's purpose is to guide the LBMA to Develop a Strategic Plan to Support and Integrate ASM Gold into Good Delivery List Refiner Production. View the Task Force'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.
- Nicolas Eslava, Afai Consulting
- Gina D´ Amato, Alliance for Responsible Mining
- Marcin Piersiak, Alliance for Responsible Mining
- Christina Miller, Amazon Aid
- Robin Kolvenbach, Argor-Heraeus
- Shawn Blore, Artisanal Gold Enterprises
- Kevin Telmer, Artisanal Gold Enterprises
- Paul Healey, Asahi Refining
- Simon Houghton-Dodd, Asahi Refining
- Chris Fergus, Ava Global Logistics
- Rosabel Guerrero, BSP
- Mary Anne P. Lim, BSP
- Grégoire Jacob, Earthworm Foundation
- Hannah Jager, Earthworm Foundation
- Titus Sauerwein, EPRM
- Ilse Schoeters, Glencore
- Patrick Schein, Gold by Gold
- Anna Dinzler, IGR Metals Trading
- Joanne Lebert, IMPACT
- Kady Seguin, IMPACT
- Maureen Walschot, IPIS
- Alice Vanni, Italpreziosi
- Sophie Firoz, LBMA
- Neil Harby, LBMA
- Alan Martin, LBMA
- Jara Bakx, Levin Sources
- Estelle Levin-Nally, Levin Sources
- Olivier Demierre, MKS Pamp SA
- Jacqueline Mayor Meylan, MKS Pamp SA
- Shari Gittleman, Newmont
- Laurent Mathiot, OCIM
- Louis Marechal, OECD (Observer)
- Gregory Mthembu-Salter, Phuzumoya Consulting
- Thomas Salter, Phuzumoya Consulting
- Susan Keane, Planet Gold
- Philippe Chave, PX Group
- Christophe Nicolet, PX group
- Praveen Baijnath, Rand Refinery (Pty) Ltd
- Jason McPherson, Rand Refinery (Pty) Ltd
- Jen Peyser, RMI
- Adam Rolfe, RMI
- Andrea Kniewasser, Royal Canadian Mint
- Tom De Boinville, StoneX
- Elan Farbiarz, StoneX
- Diana Culillas, Swiss Better Gold Association
- Christian Sieber, Swiss Better Gold Association
- Xavier Miserez, Trafigura
- Megan Morrow, UBS
- Matt Slater, UBS
- Edward Bickham, World Gold Council
- Fernando Fernandez, Wyss Academy for Nature, University of Bern