David Schwimmer of Goldman Sachs (GS.N) has been appointed as new Chief Executive Officer CEO for the London Stock Exchange Group Plc (LSE.L) with effect from August 1, Reuters reported.

David Schwimmer has been with the company Goldman Sachs for the last 20 years, he recently served there as global head of market structure and global head of metals and mining in investment banking. The former CEO of London Stock Exchange Group Xavier Rolet resigned last year from the position, he had been quite successful with his career at London Stock Exchange Group, after taking charge within few years he transformed the company with a chain of deals.

London Stock Exchange Group is a public limited company listed on London Stock Exchange (LSE) includes in FTSE 100. The company recorded revenues of GBP 1768 million in 2017 and had GBP 812 million of operating income during the same year.

The company in a group owns several other subsidiaries including; FTSE international, Frank Russel company, Turquoise global holdings, MTS, Monte Titoli, LCH, Exactpro, Bit Market services, and Borsa Italiana.