TP ICAP announces Board changes

Maria Nikolova

Lorraine Trainer plans not to seek re-election as a Director of the company at its next Annual General Meeting.

London

International interdealer broker TP ICAP Plc (LON:TCAP) today announces that Lorraine Trainer intends not to seek re-election as a Director of the company at its next Annual General Meeting to be held on May 13, 2020.

She will consequently be stepping down from TP ICAP’s Board after that meeting. Her decision reflects personal reasons.

In September 2019, TP ICAP said that Ms Angela Knight CBE would not be seeking re-election as a Director of the company at the AGM. However, in light of Ms Trainer’s decision, TP ICAP announces that Ms Knight has agreed to remain on the Board and will therefore seek re-election as a Director of the company at the AGM.

Ms Knight will remain TP ICAP’s Senior Independent Director and will also assume the Chair of the Remuneration Committee, of which she has been a member for some years, with effect from May 13, 2020. It is expected that Ms Knight will remain on the Board at the latest until the 2021 Annual General Meeting.

Richard Berliand, Chairman of TP ICAP plc, said:

“I’m delighted that Angela has agreed to remain on the Board for the near-term future. During these very uncertain times, her considerable knowledge and experience, not only from her time on the Company’s Board, but also gained from her other current and previous roles and positions, mean that she will continue to be an invaluable counsel to me and other members of the Board as we navigate the challenges ahead and continue in our Non-executive Director searches.”

Read this next

Institutional FX

B2C2 opens new office, seeks MPI license in Singapore

Cryptocurrency market maker and liquidity provider, B2C2 has expanded its operations in the Asia-Pacific (APAC) region with a new office in Singapore. The move builds on B2C2’s existing presence in Japan and other major financial centers.

Retail FX

Prop firm The Funded Trader to clear withdrawals ahead of relaunch

Prop trading firm The Funded Trader has announced a series of measures to address recent operational challenges and resume its services. The company detailed these plans in a series of tweets on X, outlining changes and updates “aimed at stabilizing and improving operations.”

Chainwire

Multipool Sells Out Fjord Foundry LBP

With the close of the LBP, Multipool launched their native token, $MUL, on Uniswap V3 today with a market cap of $13M.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary: FED, ECB, Global Inflation, May 27 ,2024

Central banks walk a tightrope: Fed stays hawkish on inflation, ECB eyes rate cuts but waits on data. This could cause currency swings and impact global economic growth.

Metaverse Gaming NFT

Despite $1 billion lawsuit, Cristiano Ronaldo launches new Binance NFTs

Cristiano Ronaldo has unveiled his fourth non-fungible token (NFT) collection in collaboration with Binance. The new collection is set to debut on the Binance NFT Marketplace this week, featuring highlights from Ronaldo’s football career.

Market News, Tech and Fundamental, Technical Analysis

GBPJPY Technical Analysis Report 27 May, 2024

GBPJPY currency pair can be expected to rise further toward the next resistance level 202.00, which is the target price for the completion of the active impulse wave 3

Digital Assets

Celebrity X accounts hacked to promote meme tokens

Several celebrity and influencer X accounts on social media platforms have been hacked, with the attackers promoting various cryptocurrencies and meme tokens.

Digital Assets

Silk Road founder to walk free if Trump re-elected

Donald J. Trump has vowed to commute the life sentence of Silk Road founder Ross Ulbricht to time served if he is re-elected as president.

Industry News

UF AWARDS Global 2024: Nominations Closing Soon!

There is still time to nominate your brand at this year’s prestigious UF AWARDS Global 2024.

<