LCH.Clearnet has named Tom Zschach as group CIO. He will manage the clearing house’s technology infrastructure and work under CEO Ian Axe.

Most recently, Zschach was working with Bank of America Merrill Lynch as managing director and co-head of global rates and currencies technology infrastructure. He has previously also worked with Barclays Capital, Credit Suisse First Boston, Merrill Lynch and Lehman Brothers.

Click here for the release from LCH.Clearnet.