Board Members

Sustainable Trading board member - Lorna Boucher (Instinet)
Lorna Boucher

Imperative Execution

Lorna is Chief Marketing and Communications Officer for Imperative Execution.
She joined Imperative Execution in February 2023. Previously, Lorna worked in senior-level strategic branding and marketing roles for over 25 years, including brands such as Instinet, KCG (now Virtu), UBS Investment Bank, Gilder Gagnon Howe & Co., and Bankers Trust Company (now Deutsche Bank).
She is a frequent industry and academic speaker on subjects such as Branding & Marketing, Personal Branding, and Women in the Workplace.
Sustainable Trading board member - Clarissa De Giorgio (Euronext)
Clarissa De’Giorgio


Clarissa De’Giorgio manages sales and partner relationships, as well as marketing and business
development strategy for Euronext Technology Solutions, the Euronext Group’s technology offer for trading venues across the globe based on its proprietary Optiq trading technology.

Clarissa is also the ESG Coordinator for the UK at Euronext. As part of her ESG Coordinator role, she developed and launched the Euronext Blue Challenge – a firm-wide initiative, in partnership with JA Europe, that promotes Financial Literacy, the Blue Economy and the fight against Climate Change amongst students, with the assistance of Euronext employees acting as mentors.

This initiative forms part of Euronext’s wider ESG strategy. Clarissa joined Euronext in 2019 after having spent 6 years at JP Morgan working in multiple roles including credit risk and liquidity product management.

Sustainable Trading board member - Cathy Gibson (Ninety One)
Cathy Gibson

Ninety One

Cathy is the global head of trading at Ninety One responsible for leading the trading function that
supports our global investment teams. Cathy has a wealth of investment experience, most recently heading up dealing at Royal London Asset Management.

Prior to this she was head of fixed income trading, UK at DWS Asset Management.

Cathy obtained a BA in Pure Economics degree and a Master’s in Economic Science from the University College Dublin.

Duncan Higgins
Duncan Higgins

Sustainable Trading

Duncan Higgins is the founder and CEO of Sustainable Trading, a membership network dedicated to driving positive change on environmental, social and governance (ESG) within financial markets trading. With 25 years’ experience in financial markets, specialist expertise in trading technology and workflows, market microstructure, and regulation, he previously held long standing sales and product positions at the agency broker and trading technology provider ITG (acquired by Virtu Financial) and within UBS Investment Bank.
Duncan was also part of the team that successfully launched the Turquoise MTF.
Sustainable Trading board member - Christoph Hock (Union Investment)
Christoph Hock

Union Investment

Christoph is Head of Multi-Asset Trading at Union Investment. He joined Union in April 2014 and, with his team, is responsible for all trading activities associated with portfolio management of cash equities, fixed income, fund and ETF business, FX, listed and OTC derivatives, and securities lending.
Christoph is a director and buyside chairman of Plato Partnership and a director of Neptune Networks Prior to this, Christoph was founder, partner and co-CEO/Head of Portfolio Management and Trading at Tungsten Capital Management, a hedge fund company (2005-2010). He was Head of Proprietary Equity Derivatives Desk at J.P. Morgan in London and Frankfurt from 1998-2004. Christoph began his career at Dresdner Kleinwort Benson in Cash Equity Trading.
Frank Loughlin


Frank Loughlin is Global Head of Execution Services for Equities. In this role, he oversees the equity execution platform globally, with responsibility for strategy, technology and infrastructure, talent management, and external partnerships.
Previously, Frank was global co-head of equity trading for eight years. Since joining the equity trading team in 1993, he has led or co-led various equity trading desks and held senior level roles within equity trading. Frank joined the firm in 1990 as an associate portfolio manager in equities. He holds a BA from the University of Notre Dame and an MBA from the Gabelli School of Business at Fordham University. He is a CFA charterholder and a member of both the CFA Institute and CFA Society New York. Frank has previously served on numerous industry advisory bodies and is currently a member of the New York Stock Exchange Institutional Trading Advisory Committee and the National Organization of Investment Professionals (NOIP). He serves on the board of directors of Queens Community House and Tennessee Innocence Project and formerly served on the advisory board of the Gabelli School at Fordham University.
Sustainable Trading board member - Etienne Phaneuf (ArchES)
Etienne Phaneuf


Etienne is the President and CEO of ArchES. As an experienced executive at the intersection of technology and finance, he oversees the firm’s culture and strategic direction; delivering cutting edge technological data and execution solutions tailored to client’s needs Prior to joining
Arches, Etienne was CEO of ITG Canada, now Virtu-ITG Canada, a provider of electronic trading services, transaction cost analysis and trading software. Over the course of his 19 years at ITG, Etienne held a number of leadership roles, helping build ITG into the leading electronic trading provider to the institutional community. Etienne holds a Bachelor of Mathematics from the University of Waterloo.