TP ICAP plc has just announced that Richard Berliand will join the Board as a Non-Executive Director and Chairman designate during the first quarter of 2019.
Mr Berliand is a global markets professional with a 23-year career at JP Morgan. Prior to his retirement in 2011 he served as Managing Director, leading the global cash equities and prime services businesses, as well as Deputy Chairman, of Deutsche Börse AG, the Senior Independent Director and Chairman of the Remuneration Committee at Man Group plc.
TP ICAP has also informed that Carol Sergeant, who chairs the Board’s Risk Committee, will retire from the Board at the end of this year. David Shalders will succeed Ms Sergeant.
Stephen Pull will also retire as a Non-Executive Director at the Company’s Annual General Meeting in May 2019 and will be succeeded by Lorraine Trainer, who was appointed to the Board in July 2018.
Rupert Robson commented:
On behalf of the Board, I would like to extend huge thanks to both Carol and Stephen for their hard work and contribution as Board Committee Chairs and members of the Board and wish them both well for the future.
Angela Knight, Senior Independent Director, who led the process to appoint Mr Berliand, said:
After a comprehensive search, the Board is very pleased to announce the appointment of Richard Berliand as the future Chairman of TP ICAP and Rupert’s successor. Richard has a proven track record in the global financial markets in which the Company operates. His experience will prove invaluable as we build on our position as the world’s largest inter-dealer broker and capitalise on the opportunities available in areas such as data & analytics.
On behalf of the Board, I would also like to take this opportunity to thank Rupert for the enormous contribution he has made to the Company over the past 12 years, firstly at Tullett Prebon and latterly TP ICAP. Rupert’s steady stewardship of the Company has led the Company through some challenging times and we all wish him every success in his future endeavours. We are delighted that he has agreed to stay on until May to ensure a smooth handover to Richard. And lastly, I would also like to extend my thanks to Carol and Stephen for their commitment to the Company.