Directorate Change

RNS Number : 7361T

TP ICAP PLC

17 October 2017

 

This release contains inside information

TP ICAP PLC

DIRECTORATE CHANGE - APPOINTMENT OF NON-EXECUTIVE DIRECTOR

17 October 2017

TP ICAP plc is pleased to announce the appointment of Edmund Ng as an independent Non-executive Director. This follows the decision by the Board, as outlined in the 2016 Annual Report, to recruit a new Non-executive Director from Asia. Edmund is based in Hong Kong and has extensive experience of Asia.

Edmund is the Chief Investment Officer and co-founder of Eastfort Asset Management, which was established in mid-2015 with Brummer & Partners in Sweden.  Before setting up his own fund house, he was the Head of the Direct Investment Division of Hong Kong Monetary Authority (HKMA) between May 2007 and May 2015, responsible for managing the Region's reserves.  Prior to that, he spent 20 years at J. P. Morgan, where he worked in various trading functions and served as a Managing Director of Asia Ex-Japan trading for a number of years.

Edmund will join the Board on 1 November 2017 and will be a member of the Risk and Remuneration Committees.

Rupert Robson, Group Chairman, said: "I'm delighted to welcome Edmund to TP ICAP. His extensive experience in financial markets and in Asia will be a great asset to the Board."

TP ICAP plc confirms that there are no other details that are required to be disclosed under 9.6.13R of the Listing Rules of the Financial Conduct Authority.

Richard Cordeschi

Group Company Secretary

For media enquiries please contact:

TP ICAP plc

Jamie Dunkley, Group Media Relations Director

[e-mail]

[phone]

 

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