Rathi succeeds Alexander ('JJ') Justham who informed the Group of his decision to leave the Group earlier this year. Justham will ensure a seamless transition to Mr. Rathi.
Justham served as CEO of London Stock Exchange Plc since June 2012 and had Group-wide responsibility for Regulatory Strategy, Government and Public Affairs, and UK Regulation.
Xavier Rolet, CEO, London Stock Exchange Group, said: 'During the last three years, JJ has led our UK business, which enjoys a strong market share as one of the leading trading and listing venues in the world. I would like to warmly extend my personal thanks to JJ for his great contribution and wish him all the best for the future'.
Rathi joined the Group as Chief of Staff and Director of International Development in May 2014. Mr. Rathi will continue to serve as Director of International Development for the Group and as a member of the LSEG Executive Committee. Prior to joining LSEG, Mr. Rathi worked in the UK Treasury, where he held a number of senior roles for eleven years, including as Director of the Financial Services Group representing the UK Government's financial services interests in the EU and internationally.
Rolet added: 'During the last year, Nikhil has played a key role driving the Group’s strategy in key markets, such as China and India as well as supporting key integration projects across the Group. I’m confident that under Nikhil’s leadership, London will continue to be the premier global market for both domestic and international companies that are attracted to London’s unrivalled international investor base and deep pool of liquidity when raising capital to grow their businesses'.