TP ICAP appoints new CEO of Global Broking
TP ICAP appoints new CEO of Global Broking
TP ICAP, a leading electronic market infrastructure and information provider, announces that it has appointed Daniel Fields as CEO of its Global Broking division, reporting directly into Group CEO, Nicolas Breteau.
Fields has worked in capital markets for over 25 years. His experience includes the role of Global Head of Markets at Société Générale, having previously served as Global Head of Trading and Global Head of Sales in its Global Banking and Investor Solutions division. He joins TP ICAP from Altero Capital Partners, where he focused on strategic advisory and capital markets.
As CEO of Global Broking, Fields will be responsible for driving further growth in the business and delivering strategic execution, including the continued rollout of TP ICAP’s innovative electronic platform, Fusion.
The move means that Andrew Polydor, who has led both Global Broking and Energy & Commodities (E&C) throughout the pandemic, will return to focusing on the E&C business as CEO. Supporting Polydor will be George Dranganoudis, who transfers from APAC to become Deputy CEO of E&C and EMEA CEO of E&C.
The appointment of Fields follows that of Mark Govoni as CEO of Agency Execution, announced in April of this year.
Nicolas Breteau, CEO of TP ICAP, said:
“The appointment of Dan as CEO of our Global Broking business is another important strategic hire for TP ICAP as we continue to build out the strength of our leadership team. His extensive experience in capital markets and strong client relationships position him as the perfect candidate to drive the transformation of Global Broking.
“I’d like to thank Andrew for steering the business effectively through the turbulent years of the pandemic and various macro-economic shocks. He is now able to return to focusing on our E&C business. This division is continuing to embed technology and grow in key areas, such as our renewables and digital assets businesses.”
Daniel Fields, CEO of Global Broking at TP ICAP, said:
“TP ICAP’s Global Broking business is a world-renowned market leader, underpinned by a huge amount of expertise, trusted networks and innovative technology. I’m excited to take the reins at a time of major change, both within the wider markets and within TP ICAP. Already, the firm is making great progress advancing its strategy – for example, rolling out its electronic platform, Fusion – and I’m looking forward to working with such a talented team to continue to drive progress so that TP ICAP remains at the forefront of the industry.”
ENDS
About TP ICAP Group plc
TP ICAP Group plc is a leading global markets infrastructure and data solutions provider. The Group operates a portfolio of separate and competing brands to deliver intermediary services, contextual insights and intelligence, trade execution, pre- and post-trade services, and data-led solutions. We are formed of four business divisions:
- Global Broking: the largest Interdealer Broker in the world operating under the ICAP, Tullett Prebon and Louis Capital brands servicing clients in Rates, FX, Credit and Equities. We match buyers and sellers, facilitate price discovery, liquidity, execution and risk management.
- Energy & Commodities: the world’s leading OTC energy and commodities broker operating under the ICAP, PVM and Tullett Prebon brands. Active in all major commodities markets including oil, gas, power, renewables, ferrous metals, base metals, precious metals and soft commodities.
- Agency Execution: serving the buy side operating under the Liquidnet and COEX Partners brands. We provide trading services for a broad range of asset classes, serving a sophisticated client base of asset managers, asset owners and hedge funds.
- Parameta Solutions: formed of two businesses - Data & Analytics (D&A) and Post Trade Solutions. D&A is the world leader in providing of scarce, neutral OTC data. Consequently, it is well placed to offer unbiased data products and solutions that facilitate trading, enhance transparency, reduce risk, improve operational efficiency and a broad range of risk management solutions. Post Trade Solutions provides pure electronic services focused on resetting, compression and repo.
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