ICAP Directors

Charles Gregson is non-executive Chairman. He was appointed on 1 August 2001 having been executive Chairman since 6 August 1998. Between 1978 and 1998, he was responsible for the Garban businesses that demerged from UBM and later merged with Intercapital. He is also an executive director of UBM. In addition, he is non-executive Deputy Chairman of Provident Financial plc. Aged 60. Nominations Committee.
Michael Spencer is Group Chief Executive Officer. He was the founder of IPGL in 1986 and became Chairman and Chief Executive of Intercapital in October 1998, following the Exco/Intercapital merger. He, together with IPGL and its subsidiary INFBV, are interested in 21.7% of ICAP plc. IPGL’s other interests include City Index and investments in a variety of other financial services companies. Michael Spencer has been non-executive Chairman of Numis Corporation plc since April 2003. Aged 52. Nominations Committee.
Nicholas Cosh, independent non-executive director. He was appointed on 5 December 2000. He is a chartered accountant and is Chairman of the Audit Committee. He is Chairman of Kiln plc and also a director of Hornby plc, Bradford & Bingley plc and Computacenter plc. From 1991 to 1997 he was Finance Director of JIB Group plc and until 1991 Finance Director of MAI plc. Aged 61. Audit Committee, Remuneration Committee, Nominations Committee.
Jim McNulty is independent non-executive director. He was appointed on 30 March 2004 and was appointed Chairman of the Remuneration Committee in July 2005. He has 30 years' experience in the global financial markets, including futures, securities, derivatives and foreign exchange. He was President and Chief Executive Officer of Chicago Mercantile Exchange from 7 February 2000 until 1 January 2004. Before joining CME he was managing director and co-head of the Corporate Analysis and Structuring Team in the Corporate Finance division of UBS Warburg and a partner of O’Connor & Associates. Aged 57. Nominations Committee, Remuneration Committee.

John Nixon was appointed an executive director on 15 May 2008. He is also Chief Executive Officer of ICAP Electronic Broking and responsible for strategic acquisitions as well as ICAP’s Information business. He has 30 years experience in the interdealer broking industry. Prior to his full time involvement with ICAP he was a non-executive director of ICAP plc from 1998 to 2002. He was previously Chief Executive Officer of Tullett and Tokyo Forex, now part of Tullett Prebon, where he worked from 1978 to 1997 in Toronto, London and New York. Aged 53.

William Nabarro, independent non-executive director. He was appointed on 28 October 1998 and is Chairman of the Nomination Committee. He was Vice Chairman of KPMG Corporate Finance between July 1999 and July 2003. Before joining KPMG he was a managing director of SG Hambros Corporate Finance. He joined Hambros Bank in 1978 and became head of the Corporate Finance Division of Hambros in 1997. He is an executive director of Jardine Lloyd Thompson Group plc. Aged 52. Audit Committee, Nominations Committee, Remuneration Committee.
Mark Yallop, Group Chief Operating Officer. He was appointed on 13 July 2005 following the retirement of David Gelber and is Chairman of the Group Risk Committee. He had been Group Chief Operating Officer of Deutsche Bank Group for two years to December 2004, following many years’ involvement in trading in the derivatives, foreign exchange and cash markets. He was also a director of the International Swaps & Derivatives Association (ISDA) from 1996 to 1998. Aged 48. Group Risk Committee, Treasury Committee.
Matthew Lester ACA. Has worked for Diageo plc since 1996, most recently as Group Financial Controller where he was responsible, as head of Financial Planning and Reporting, for the overall performance management of Diageo and all external reporting. Between 2003 and 2005 he was Group Treasurer and prior to that Regional Finance Director, Diageo Key Markets from 2000. After qualifying with Arthur Andersen in 1987 he moved in 1988 to Kleinwort Benson, working in corporate finance. Aged 44.
  Deborah Abrehart is Group Company Secretary. She was appointed on 9 January 2006 having previously been Group Company Secretary of easyJet plc since July 2000. She is also secretary of all board committees. Aged 48.