TP ICAP promotes Darren Hayes to CEO of Energy & Commodities in critical time
The appointment of Darren Hayes follows the launch of TP ICAP’s energy broking business in Brazil in February 2022 and the firm’s focus across Liquified Natural Gas, Natural Gas Liquids and traditional gas, power and crude markets.
TP ICAP has promoted Darren Hayes to CEO of its Energy & Commodities business in the Americas, based in Houston, Texas. He spent more than six years as Managing Director of North American Energy at TP ICAP.
His 26 years experience in the energy trading landscape includes roles at OTCGH, NYMEX, NUON Energy Trade and Wholesale, and Coastal Energy Trading.
Energy trading is at a crucial time and TP ICAP is looking to further leverage its ESG expertise to clients across the Americas, as well as a continued focus across Liquified Natural Gas, Natural Gas Liquids and traditional gas, power and crude markets.
Andrew Polydor, Head of Global Markets, TP ICAP said: “I am excited to welcome Darren to his new role and see him further utilise his market expertise as our US Energy & Commodities Business goes from strength to strength. With our recent expansion across the region, Darren will play a key role in executing our strategy and affirm our position as a market leader in all phases of energy and commodity transactions.”
Darren Hayes, CEO, Energy & Commodities Americas, TP ICAP said: “Over the last six years I have witnessed first-hand the skills and experience we have on offer in our US business. There is a wealth of opportunity open to us in both traditional and less mature markets and I am looking forward to working with our teams to capitalise on these, like we have already done in the power, gas, crude, refined products and renewable space in Latin America.
The appointment of Darren Hayes follows the launch of TP ICAP’s energy broking business in Brazil in February 2022.
TP ICAP entered Brazil under the Tullett Prebon banner, making it the first international brokerage company to transact an energy deal in the Brazilian market using OTC voice broking.
Operating under the Tullett Prebon brand, they employ a team of brokers based out of Sao Paulo, locally managed by Gonzalo Terracini. Over the coming months, the broker plans to further expand its presence in the region. This will involve working closely with customers both internally and cross-border.
This platform has already started trading in October 2021 and now forms a significant part of TP ICAP’s established power offering alongside the group’s expanding customer base in the Latin America region.