IAP.L Regulatory News (IAP)

15 Nov 2007 17:41

ICAP PLC15 November 2007 ICAP appoints David Puth as a non executive director 15 November 2007 ICAP plc, the world's premier interdealer broker, has appointed David W. Puth asa non executive director. He has become a member of the Audit and RemunerationCommittees of ICAP's board. Michael Spencer, ICAP's Group Chief Executive commented, "David bringssignificant experience at a very senior level in markets in which we operate. Iam sure that we will benefit from his broad knowledge of the foreign exchange,commodities and emerging markets. " David, 51, is President of The Eriska Group, a risk management consultancyfocussed on alternative investments and funds management. He is also a boardmember and senior advisor at J H Whitney Investment Management. He was formerlyManaging Director and Member of JPMorgan Chase's Executive Committee andJPMorgan Investment Bank Management Committee responsible for the investmentbank's business in emerging markets, currencies and commodities. This includedall trading, sales and research activities for these businesses globally as wellas the client banking business in Latin America. He began his career at ChemicalBank, now part of JPMorgan Chase. David is also very active in the business community. He has previously served onthe board of the Federal Reserve Foreign Exchange Committee and was a directorof the Chicago Mercantile Exchange for two years until 1999. Among a number ofcharitable interests he is a board member and keen supporter of the Robin HoodFoundation, a charity involved in fighting poverty in New York City. There are no further disclosures required under Rule 9.6.13 of the ListingRules. Contacts:Mike Sheard Director of Corporate Affairs, ICAP (44) 20 7050 7103 About ICAP ICAP is the world's premier voice and electronic interdealer broker and thesource of global market information and commentary for professionals in theinternational financial markets. The Group is active in the wholesale markets ininterest rates, credit, energy, foreign exchange and equity derivatives. ICAPhas an average daily transaction volume in excess of $1.5 trillion, more than50% of which is electronic. ICAP plc was added to the FTSE 100 Index on 30 June2006. For more information go to www.icap.com This information is provided by RNS The company news service from the London Stock Exchange