TP ICAP appoints Philip Price as Executive Director

Maria Nikolova

The decision about the promotion was made following a review of the balance of Non-Executive versus Executive representation.

There are more changes among the director ranks of interdealear broker TP ICAP PLC (LON:TCAP). As per an announcement posted by the company earlier today, Philip Price is appointed an Executive Director, with immediate effect.

The decision about the promotion was made following a review of the balance of Non-Executive versus Executive representation. The Nominations and Governance Committee has determined that in order to maintain a sufficient contribution from the Executive team, Philip Price, who is TP ICAP’s Group General Counsel and Global Head of Compliance, would be appointed to the Board as an Executive Director.

Mr Price has substantial experience in the legal and regulatory aspects of financial services. Having worked in London and Hong Kong, he qualified as a solicitor at CMS in 1990 and subsequently joined Tiphook plc rising to the position of General Counsel and Company Secretary. He was Group Legal Adviser at Dresdner Kleinwort Wasserstein from 1995 to 1997 and was Managing Director and Head of EMEA Corporate Legal Services at UBS AG from 1997 to 2006. He was based in Monaco as General Counsel and COO at SRM Global Fund between 2006 and 2009 and was subsequently Company Secretary and General Counsel at Candover Investments plc from 2009 to 2012. Before joining Tullett Prebon plc in 2015 he was a partner and General Counsel at Arle Capital between 2012 and 2014.

Rupert Robson, Group Chairman, said:

“I would like to welcome Philip to the Board. Given the increasingly complicated and fast paced regulatory environment in which we operate, we are certain to benefit from his considerable and wide-ranging experience. He has already proven himself an invaluable adviser to the Board as Group General Counsel and Global Head of Compliance, and we are fortunate to now be able to draw on his expertise in an Executive capacity.”

Let’s recall that, in July this year, there was a major change at the top of TP ICAP, as John Phizackerley left his post as Chief Executive and as a member of the Board of TP ICAP. Mr Phizackerley was replaced by Nicolas Breteau. In addition, Robin Stewart was appointed as Chief Financial Officer on a permanent basis.

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