June 3 Former Nomura Co Ltd executive
John Phizackerley is the leading contender to head British
interdealer broker Tullett Prebon Plc, the Financial
Times reported, citing two people familiar with the matter.
The FT said the London-based brokerage in advanced talks to
appoint a successor to Chief Executive Officer Terry Smith after
a nine-month search by headhunters Spencer Stuart.
The paper's sources said Smith was expected to leave Tullett
by the end of the year, but that no formal agreement had been
signed as yet by Phizackerley, who previously worked at Lehman
Tullett Prebon could not be reached for comment outside of
regular business hours.
(Reporting by Richa Naidu in Bangalore; Editing by Lisa