Swiss biotech billionaire Ernesto Bertarelli's family office has appointed a new finance chief from the London Stock Exchange.

Waypoint said it appointed Gordon McNair as its Chief Financial Officer, effective early 2017. In addition to the typical finance role, he will also be responsible for evaluating investment ideas, risk management and fund administration, the Bertarelli family office said in a statement.

McNair, who is Scottish, spent nine years at the London Stock Exchange, most recently as finance chief of LCH.Clearnet, its clearing organization. He will be based in London and report to CEO Stefan Meister.