LSEG announces Irfan Hussain as its new chief information officer
London Stock Exchange Group (LSEG) names Goldman Sachs alumni Irfan Hussain as its new chief information officer (CIO).
Due to begin his post in January of next year, New York-based Hussain will lead the group’s technology team in “driving cutting edge innovation” in the global financial markets, reporting to CEO David Schwimmer.
Hussain joins LSEG from US bank Goldman Sachs, where he has worked since 1995 and currently serves as partner and chief operating and strategy officer for engineering following a promotion in 2014.
Prior to this, he held the position of CIO for consumer and wealth management at the bank, in addition to various other positions within its global banking, markets and assets and wealth management divisions in New York, Tokyo and Hong Kong.
“The opportunity to join a company with LSEG’s reputation and to lead a transformation reaching into every part of the global financial markets is incredibly exciting,” Hussain comments.
Adding to this, Schwimmer describes the new hire as “a world-class technology leader” and a “trusted expert to partner with” as the group seeks to inspire innovation within financial markets globally.
Hussain succeeds the role from current group CIO Tony McCarthy, who was promoted to the position in January 2020 after leading the group’s post trade business, and is now set to retire from his “distinguished career” in early 2024.
“After a long career in the financial markets, it has been an incredible privilege for me to be a part of the team that transformed LSEG into the leading data, analytics and global financial markets infrastructure provider,” comments McCarthy.
“Irfan is a talented leader who will continue building on the critical contribution the technology team makes to LSEG and to our customers.”