Edition:
United States

ICAP PLC (IAP.L)

IAP.L on London Stock Exchange

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8 Dec 2016
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Summary

Name Age Since Current Position

Charles Gregson

69 2001 Non-Executive Chairman of the Board

Michael Spencer

60 1999 Group Chief Executive Officer, Executive Director

Stuart Bridges

55 2015 Group Finance Director

David Casterton

55 2012 Chief Executive Officer - Global Broking

Hugh Gallagher

2015 Chief Executive Officer - Asia Pacific, Global Broking

Steve Gibson

2015 Chief Executive Officer - Euclid Opportunities

Seth Johnson

2016 Chief Executive Officer, EBS-BrokerTec

Jenny Knott

2015 Chief Executive Officer - PTRI Division

Laurent Paulhac

2013 Managing Director and Chief Executive of ICAP SEF (US) LLC

Per Sjoberg

Chief Executive Officer - TriOptima

Ken Pigaga

2013 Global Chief Operating Officer

Tim Cartledge

2015 Chief Strategy Officer - EBS BrokerTec

Deborah Abrehart

2006 Group Company Secretary

Ivan Ritossa

54 2013 Non-Executive Director

John Sievwright

61 2009 Senior Independent Non-Executive Director

Robert Standing

56 2010 Non-Executive Independent Director

Biographies

Name Description

Charles Gregson

Mr. Charles Henry Gregson is Non-Executive Chairman of the Board of ICAP Plc., since 2001. Charles led the development of Garban plc from a small London-based FX and deposit broker to an international business with leading positions in FX, currency deposits, OTC derivatives, government and corporate bonds. Garban merged with Intercapital in 1998, becoming ICAP plc in 2001. Charles brings considerable senior board level expertise and a thorough understanding of the importance of maintaining strong relationships with the institutional investor community, media and regulatory bodies. He has served on a number of boards in the financial services and media sectors including as non-executive chairman of St James’s Place plc and CPP Group plc and as deputy chairman of Provident Financial plc. Charles was also a non-executive director of United Business Media plc and PR Newswire Europe Limited. Charles holds a degree in Law from the University of Cambridge and qualified as a solicitor.

Michael Spencer

Mr. Michael A. Spencer is Group Chief Executive Officer, Executive Director of ICAP plc. He worked in financial services for more than 30 years, Michael is well respected within the industry. He founded Intercapital in 1986 and became its Chairman and Chief Executive in October 1998. He chairs the GEMG, the executive committee responsible for the Group’s strategy and its implementation. Michael brings immense knowledge and experience to the board. He has a deep understanding of the markets in which ICAP operates and substantial entrepreneurial and senior management expertise. Michael, together with IPGL and its subsidiary companies, is a substantial shareholder in the Company. Michael was instrumental in founding ICAP’s Charity Day in 1993. To date, it has contributed nearly £127 million across more than 2,000 charities worldwide. Michael holds a degree in Physics from the University of Oxford. Other appointments Michael is chairman of IPGL and is on the boards of many of its investments. He is the chairman of The Conservative Party Foundation Limited and a director of ICAP Newco plc.

Stuart Bridges

Mr. Stuart John Bridges is Group Finance Director, Executive Director of the Company. Prior to joining ICAP, Stuart was Chief Financial Officer at Hiscox Limited where he had been since 1999. He has held posts in various financial services companies in the UK and US, including Henderson Global Investors. Stuart brings wide ranging experience of implementing change and achieving business success and profitability. Stuart helps lead the strategic direction of the Group and is responsible for the Group’s finance, company secretarial, investor relations and regulatory affairs functions. He chairs the GFC and is a member of the GEMG and the GOC. Stuart holds an MA degree in Engineering from the University of Cambridge and is a Chartered Accountant. Other appointments Stuart is a non-executive director of Caledonia Investments plc, a member of the Audit Committee of the Institute of Chartered Accountants in England and Wales and a member of the Finance Committee of The Royal Institution. He is a director of ICAP Newco plc.

David Casterton

Mr. David Casterton is Chief Executive Officer - Global Broking of Icap Plc. Since September 2012, He has been responsible for the Global Broking division with regional management teams reporting to him. David was previously responsible for all voice broking and related support functions in London and EMEA. Between 1995 and 2008, David worked in a number of senior broking roles and had responsibility for interest rate derivatives, money markets, repos, government bonds and financial futures. Prior to joining ICAP in 1995 he had been with MW Marshalls and Guy Butler International.

Hugh Gallagher

Mr. Hugh Gallagher is Chief Executive Officer - Asia Pacific, Global Broking of Icap Plc. He has been responsible for voice broking, technology and support functions throughout Asia Pacific. Hugh has held several senior positions within ICAP since joining in 1988, including Chief Executive Officer ICAP Australia. Prior to joining ICAP, Hugh worked for Citibank and Lloyds in FX and money markets. He has more than 25 years’ experience working in OTC markets in the Asia Pacific region.

Steve Gibson

Mr. Steve Gibson is Chief Executive Officer - Euclid Opportunities of the company. Euclid Opportunities is ICAP’s fintech investment division. Steve sits on the board of a number of Euclid portfolio companies including Duco Technology Limited, a rapidly growing reconciliation on-demand platform; OpenGamma, an award winning risk analytics provider; ENSO Financial Analytics, a portfolio analytics service for asset managers and hedge funds; Abide Financial, the regulatory reporting firm; and AcadiaSoft, a collateral management hub. Steve previously held senior management positions with Calypso Technology, Ipreo and Siebel (now Oracle). He was appointed a member of the GEMG in November 2015.

Seth Johnson

Mr. Seth Johnson is Chief Executive Officer, EBS-BrokerTec of the Company. Seth previously held the role of Head of Strategy for Global Broking, responsible for developing the division's strategy, focusing on growing revenue, improving the application of technology to its business model and expanding customer coverage. Prior to this, Seth led the expansion of ICAP's Electronic Markets product portfolio in his role as Chief Executive Officer of both BrokerTec and ISDX. He joined ICAP from university as a graduate trainee and has worked in the Company for more than 20 years. For ten years, Seth was the Managing Director of the interest rates options and inflation swaps desks where he oversaw the introduction of new and innovative trading solutions, including the volume match system.

Jenny Knott

Ms. Jenny Knott is Chief Executive Officer - PTRI Division of the company. She is a member of the GEMG in August 2015. Jenny’s career in financial services spans nearly 30 years and includes Standard Bank Group, where she held a variety of roles including Chief Executive Officer of Standard Bank Plc and CIB International, Global Corporate and Investment Banking Chief Financial Officer and Chief Operating Officer. Prior to this Jenny worked at Nomura and UBS. Jenny is responsible for leading the strategic direction of the PTRI division and heads the Traiana, TriOptima, Reset, Euclid and ICAP Information Services businesses.

Laurent Paulhac

Mr. Laurent Paulhac is the Managing Director and Chief Executive - ICAP SEF (US) LLC., a subsidiary of ICAP PLC., since April 2014. He is responsible for leading ICAP’s global SEF initiative including the SEF’s strategic direction with regard to new regulatory reforms and alliances and partnerships with exchanges and CCPs. Laurent is also a director of iSwap Limited. Laurent joined ICAP from the CME Group where he was a member of the management team and Senior Managing Director for Interest Rate and OTC Products and Services with responsibility for CME Group’s global listed interest rate franchise and all OTC businesses, including OTC clearing.

Per Sjoberg

Mr. Per Sjoberg is Chief Executive Officer - TriOptima of the company. He was appointed a member of the GEMG in November 2015. A co-founder of TriOptima, he was previously its Executive Vice President. Per directs the overall strategic development of TriOptima, identifying business opportunities in the evolving financial markets landscape and maintaining a dialogue with TriOptima’s broad client base. Per has 20 years’ experience working with technology solutions for OTC derivatives focusing on the design, development and sales of trading and risk management systems for OTC derivatives including SunGard Front Arena.

Ken Pigaga

Mr. Ken Pigaga is Global Chief Operating Officer of the Company effective November 2013. He joined ICAP in 2006 as Chief Operating Officer for ICAP Americas and led a programme on the use of technology to implement efficiency and control. He also led a multi-disciplined team responsible for the development of ICAP’s SEF. Prior to joining ICAP, Ken was a managing director at JPMorgan in the Investment Bank focused on e-commerce activities. From 1991 to 2001 he was at Goldman Sachs where he held several roles in emerging markets trading, portfolio structuring and e-commerce. Ken chairs the GOC and is a member of the GFC.

Tim Cartledge

Mr. Tim Cartledge is Chief Strategy Officer - EBS BrokerTec of the company since November 2015, He bringing significant expertise in electronic trading within both the FX and fixed income markets. He was formerly Head of Global Fixed Income Currencies and Commodities Electronic Trading at Barclays Bank and Managing Director at Barclays Capital, where he was responsible for building Barclays’ highly successful electronic FX business. Prior to this Tim held roles at Dresdner Bank, Credit Suisse and Goldman Sachs.

Deborah Abrehart

Ms. Deborah Abrehart is an Group Company Secretary of ICAP Plc., since January 9, 2006. She previously been Group Company Secretary of easyJet plc since July 2000. She is secretary of all board committees.

Ivan Ritossa

Mr. Ivan R. Ritossa is Non-Executive Independent Director of ICAP PLC., effective July 10, 2013. He has extensive electronic and voice market experience in FX, commodities, credit, prime services and equities and brings more than 30 years of global investment banking expertise to the board. Prior to joining ICAP, he served on the executive committee for Barclays Investment Bank, as a non-executive director of ABSA Group and an executive director of Barclays’ Saudi Arabia board. Ivan has been a member of numerous industry committees including the New York Federal Reserve Foreign Exchange Committee, the Bank of England Foreign Exchange Joint Standing Committee and the Singapore Foreign Exchange Markets Committee. Ivan holds an honours degree in Finance from the University of New South Wales, Australia. Other appointments Ivan is a non-executive director of ICAP Global Derivatives Limited and ICAP SEF (US) LLC. He is chairman of Exotix Partners.

John Sievwright

Mr. John Sievwright is Senior Independent Non-Executive Director of ICAP plc., since July 2009. He has extensive experience in investment banking including a 20-year career with Bank of America Merrill Lynch (formerly Merrill Lynch) where he held a number of senior management positions including that of Chief Operating Officer, International, based in New York, Tokyo and London. He was previously senior independent director of FirstGroup plc and was chairman of its audit committee. John brings extensive financial and operational experience of the financial services sector to the board. John holds an MA degree in Accounting and Economics from the University of Aberdeen and is a member of the Institute of Chartered Accountants in Scotland.

Robert Standing

Mr. Robert Standing is Non-Executive Independent Director of Icap Plc., since July 2010. He is a principal of LDF Advisers LLP which was founded within the JPMorgan group in 1995 and spun out in 2002. Robert joined Chemical Bank in 1982, spending two years developing new products before joining the Capital Markets division in 1985. Following acquisitions by JPMorgan, he worked in a range of roles before becoming Head of Fixed Income and Foreign Exchange for EMEA in 1998. Robert is one of the founders of the Hedge Fund Standards Board. He has extensive product knowledge and senior management experience. Robert holds a degree in Engineering from the University of Cambridge.