Interdealer broker TP ICAP plc has announced the appointment of Lorraine Trainer to the role of Non-Executive Director and as a member of the company’s Remuneration, Audit and Nominations and Governance Committees. She will assume the positions with effect from 1 July 2018. As indicated in the 2017 Annual Report, Stephen Pull, Chairman of the Remuneration Committee, will be retiring from the Board in the first few months of 2019. Lorraine will take over as Chairman of the Remuneration Committee at that time.
Ms. Trainer has had an established career in HR leadership across financial institutions including Citibank NA, London Stock Exchange and Coutts NatWest Group, before setting up the mentoring business at Manchester Square Partners. She also spent time at De Beers LV Ltd focusing on human resources and customer experience.
Ms. Trainer is currently a Non-Executive Director and member of the Board Nominations and Remuneration Committee of Sonae, one of the largest family-owned listed companies in Portugal, with interests in shopping centres, food, sport and fashion retail and media and telecommunications; and a Non-Executive Director and Chair of the Remuneration Committee at Essentra, a leading global provider of essential components and packaging. Ms. Trainer has previously served as the Senior Independent Director and Chair of the Remuneration Committee at Jupiter Fund Management, and as a Non-Executive Director and Chair of the Remuneration Committee at Colt Group and Aegis Group.
Commenting on Ms. Trainer’s appointment, Rupert Robson, Chairman of TP ICAP, said:
We are very pleased to welcome Lorraine to the Board of TP ICAP. She brings substantial experience, both from her executive career, as well as from her directorship roles, and will be a great addition to our Board.
TP ICAP plc confirms that there are no other details that are required to be disclosed under 9.6.13R of the Listing Rules of the Financial Conduct Authority.