LCH.Clearnet, one of the world's largest clearers of interest-rate swaps, has appointed its first US chairman as part of plans to expand its operations in North America.

Jill Considine will join the board of LCH.Clearnet Group on April 25, and will also serve as chair of the board of LCH.Clearnet LLC, the group's US-based entity, according to a statement today. Jacques Aigrain will remain chairman of LCH.Clearnet Group.