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London Money Market Association

Warnford Court
29 Throgmorton Street


General Enquiries/Media

Ian Mair Chairman 07900 920044
LMMA Office 020 7947 4900


Ian Mair, Chairman

Ian Mair has spent 37 years working in financial markets, firstly in the money and capital markets with Halifax plc and then Bank One before establishing himself as a financial markets consultant in his own company, itmconsulting. At Halifax, he was Director of Money and Interest Rate Markets  with executive responsibility for funding and liquidity, capital raising, fixed income trading and investment, reserves management and money market trading. He is a former Non-Executive Director of Bank One Europe Limited where he was Audit Committee Chairman and also provided oversight of that bank’s business expansion plans into European fixed income markets.

Ian was elected Chairman of the London Money Market Association in 2001 and has presided over its steady growth and increasing influence in the Sterling Money Markets, particularly during a period of difficult times for the financial markets. He is a member of the Bank of England’s SONIA Advisory Committee and Chairman of the RONIA Oversight Committee. Ian is a non-executive director of WMBA Ltd.

Ian has been an active supporter of several charities over many years. He has been until recently a Trustee and Honorary Treasurer of the homelessness charity Calderdale SmartMove and an Appeals Council Member for the charity DEBRA. He is currently a member of St John’s Ambulance City of London Group which is committed to raising much needed funds for several inner city projects.

Ian Fox, Deputy Chairman

Ian Fox began his career in finance with Halifax Building Society and widened his financial markets expertise with Halifax plc. He was appointed Head of Funding & Liquidity for HBOS before taking up his current role with Lloyds Banking Group which includes: responsibility for developing and maintaining the Group’s liquidity risk policy and management framework and its medium term balance sheet funding plan; production of liquidity regulatory reporting; providing oversight of the Group’s money market funding activities; and ownership of the Group’s Transfer Pricing policy. He is Lloyds Banking Group’s point of contact for global regulators and supervisors with respect to funding and liquidity matters.

Ian is Deputy Chairman of the London Money Market Association.

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    Current Bank Rate Inflation Target0.25%
    View past decisions Next due:
    2 Nov 2017
    Quantitative Easing Asset Purchase Programme Inflation Target£435 bn
    More information Next due:
    2 Nov 2017
    Corporate Bond Purchases Inflation Target£10 bn
    More information  
    Current Inflation Inflation Target3.0%
    Target 2.0% Next due:
    14 Nov 2017
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    August 3, 2017

    In the past few weeks, there have been several announcements and speeches which have great significance for the financial markets in the UK but there doesn’t seem to have been a commensurate reaction in terms of column inches. The first … Continue reading


    London Money Market Association,
    Warnford Court, 29 Throgmorton Street, London, EC2N 2AT
    Telephone: 020 7947 4916 (Switchboard)
    General Enquiries/Media
    Ian Mair - Chairman
    Email -