News Column

London Stock Exchange hires a floats guru to help push listings

June 3, 2014

CLARE HUTCHISON



LONDON Stock Exchange Group said yesterday it has appointed former Espirito Santo investment banker John Millar as head of primary markets.


Millar will focus on generating initial public offerings (IPOs) and will report to Raffaele Jerusalmi, LSE's director of capital markets and the chief executive of Borsa Italiana, and London Stock Exchange chief exec Alexander Justham, the group said.


Millar has more than 25 years of experience in capital markets.


He was most recently a managing director at Espirito Santo, co-ordinating the investment banking and capital markets teams, having previously worked at Citigroup and Merrill Lynch in the banks' equity capital markets and corporate finance teams.


"John brings deep global experience in equity capital markets, having managed more than 300 transactions during his career. We look forward to welcoming him to the group," said Jerusalmi.


Millar will replace Alastair Walmsley, who has been leading IPO activity at LSE for the past two years.


Walmsley is also a Merrill Lynch alumnus, and has worked at Morgan Stanley.


Reuters


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Source: City A.M. (UK)


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