London Precious Metals Clearing Limited (LPMCL) is delighted to announce the appointment of James Cressy as its new Chair of the Board, with effect from 1 October 2025.
James has served as an independent Non-Executive Director (iNED) at LPMCL since 2024, bringing extensive expertise and in-depth understanding of critical market infrastructure. The Board is confident that under his stewardship, LPMCL will continue to advance its strategic objectives and further enhance London’s standing as the principal global centre for precious metals trading and settlement.
The Board wishes to express its sincere appreciation to outgoing Chair, Andrew Lovell, for his dedicated leadership and substantial contributions during his two-term tenure. We are pleased that Andrew will continue to serve on the Board as Deputy Chair, ensuring the ongoing benefit of his experience and guidance as LPMCL navigates future opportunities.
LBMA provides several company secretarial services to the LPMCL under a Service Level Agreement.