Hong Kong Exchanges and Clearing Limited announced that Garry Jones retires from all his positions held within the HKEX group, including the Chief Executive of The London Metal Exchange, and an executive director of the LME and LME Clear Limited. Jones will remain as an advisor to the LME until the end of 2017. Matthew James Chamberlain, the Chief Operating Officer of the LME, is appointed the Interim Chief Executive of the LME with immediate effect. He is also appointed to all positions vacated by Jones until Jones' successor is appointed. The Financial Conduct Authority of the United Kingdom, the regulator of the LME, and the Bank of England, the regulator of LMEC, have been informed about Jones' retirement and Chamberlain's appointment. Chamberlain is currently the Chief Operating Officer of the LME and a member of the Management Committee of HKEX.