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Grant Angwin elected new LBMA Chairman

Friday, July 11, 2014

At the twenty-sixth Annual General Meeting on 11th July 2014, Grant Angwin of Johnson Matthey was elected as the Chairman of the LBMA.

Grant has been a Member of the Management Committee since 2011. He has worked for more than 25 years for Johnson Matthey. For most of that time he was based in the UK and held various positions within the refining business prior to being appointed Head of Sales at the Royston refinery. He relocated several years ago to Salt Lake City, USA as Sales and Marketing Director and shortly after that he took the position of General Manager.

Steven Lowe, of Bank of Nova Scotia-ScotiaMocatta, was re-elected LBMA Vice-Chairman.

The following representatives were re-elected to the Committee:
Grant Angwin, Johnson Matthey Inc
Simon Churchill, Brinks Ltd
Jeremy East, Standard Chartered Bank

The following representative was elected to replace David Gornall, Natixis, London Branch plc, who has resigned from the Committee:
Robert Davis, The Toronto Dominion Bank

The continuing representatives on the Committee are:
Philip Aubertin, UBS AG
Peter Drabwell, HSBC Bank USA NA
Steven Lowe, Bank of Nova Scotia-ScotiaMocatta
Kevin Roberts, JP Morgan Chase Bank

In his final report as chairman of the LBMA, David Gornall commented on the number of issues the LBMA had faced over the past year and how well it had responded to the various challenges facing the market, particularly those relating to regulation. David also thanked all LBMA Committee Members for their time, effort and expertise in undertaking the huge range of activities in support of the LBMA.

A copy of David’s speech is attached.

For further information please contact Aelred Connelly, PR Officer, on
Tel: +44 (0)20 7796 3067 or

About the London Bullion Market Association
The LBMA is the international trade association that represents the wholesale over-the-counter market for gold and silver bullion. The LBMA undertakes many activities on behalf of its members and the wider market, including the setting of good delivery and refining standards, the organisation of conferences and other events, and serving as a point of contact for the regulatory authorities. For more information, please visit

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