(IN BRIEF) Nigel Dentoom has been appointed as a Non-Executive Director of the Board at the London Metal Exchange (LME). With 40 years of experience in the metals sector, Nigel brings extensive knowledge of both financial and physical markets. He has held key positions in various companies, including CEO of CCBI/Metdist and LN Metals International Ltd. Nigel has also been involved in advisory committees at the LME and currently sits on the Board of the US Copper Club. His appointment is expected to contribute to the advancement of the LME and the global metals markets. LME Chairman, John Williamson, expressed his excitement and confidence in Nigel’s expertise, anticipating his valuable contributions to the Board’s efforts.
(PRESS RELEASE) LONDON, 19-Jul-2023 — /EuropaWire/ — The London Metal Exchange (LME) is thrilled to announce the appointment of Nigel Dentoom as a Non-Executive Director of the Board, effective immediately.
Nigel Dentoom is a highly regarded industry executive with an impressive 40-year track record in the metals sector, encompassing both the financial and physical markets. Nigel most recently held the positions of CEO and subsequently Non-Executive Director of CCBI/Metdist, a dealing member of the LME Ring, before assuming his current role as CEO of Metdist Enterprises Ltd. Previously, he served as Executive Chairman of LN Metals International Ltd for a decade, following a successful 20-year career at The Mocatta Group, where he held the position of CEO for several years.
Throughout his career, Nigel has been a valuable asset to over 30 companies, primarily in the metals, derivatives, and commodities sectors. He has served on boards in various capacities, including executive, non-executive, and chair roles. Nigel has also contributed extensively to the LME through his involvement in advisory committees over the past three decades. Notably, he has served as Chairman of the LME Ring Dealers Committee and held a nine-year tenure on the LME User Committee until 2021. Currently, Nigel sits on the Board of the US Copper Club.
Expressing his enthusiasm about his appointment, Nigel stated, “I am honored to join the LME Board as a Non-Executive Director. The LME plays a crucial role in the proper functioning of global metals markets, and I am eager to leverage my extensive experience and understanding of both physical and financial markets to bring value to the Exchange and the broader LME community.”
John Williamson, LME Chairman, warmly welcomed Nigel to the Board, stating, “We are delighted to have Nigel join the LME Board. His profound knowledge and expertise in metals and commodities trading will undoubtedly make him an invaluable member, enriching our Board as we collaborate to drive the business and the market forward.”
About London Metal Exchange (LME)
The London Metal Exchange is the world’s foremost and most dynamic market for industrial metals trading. It offers a transparent, efficient, and regulated platform for participants to trade and hedge metals and provides crucial pricing benchmarks for global metals markets. The LME plays a vital role in facilitating physical trading and provides robust futures and options contracts across base metals, including copper, aluminum, lead, zinc, nickel, and tin.