Schroders Chair Elizabeth Corley Joins London Stock Exchange Group Board

Dame Elizabeth Corley, Chair of asset management firm Schroders, is set to join the London Stock Exchange Group (LSEG) board as a non-executive director in the fourth quarter of 2025, also joining its Risk and Nomination Committees. This appointment is viewed as strengthening LSEG's governance and strategic positioning amid concerns about the health of its equity market and leadership succession, with Corley considered a potential future chair of LSEG. Corley's extensive experience includes leadership roles at Allianz Global Investors and Merrill Lynch Investment Managers, as well as non-executive positions at BAE Systems and Morgan Stanley. While some have raised concerns about potential conflicts of interest due to Schroders being a listed LSEG client, insiders have dismissed these worries. The LSEG faces scrutiny over its ability to attract new listings, highlighted by Shein's decision to pursue a Hong Kong listing, which underscores challenges for the exchange's growth. Overall, Corley's appointment signals LSEG's efforts to bolster investor confidence and navigate industry transformation.