Another senior exit at London Capital Group – Gavin Foster, Head of FX

LeapRate Exclusive.… LeapRate has learned that Gavin Foster, Head of FX & Director at London Capital Group (LON:LCG), has left the company.

Foster is formally on garden leave, with his position as London Capital Group’s Head of FX now taken by Peter Wells. Wells joined LCG last month from ICAP, where he spent five years as Desk Director.

Foster’s exit is the latest in a line of senior executives at LCG who have either left voluntarily or been shown the door, as Charles-Henri Sabet and his investor group have taken control of LCG and have begun to reshape both its management and strategy.

Other recent exits include CEO Kevin Ashby and COO John Jones.

Foster was one of the longer-serving employees at LCG, having joined in October 2005.

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