ICAP plc (LON:IAP), a markets operator and provider of post trade risk mitigation and information services, today announced the appointment of Jenny Knott as CEO Post Trade Risk and Information Services.
Jenny Knott joins ICAP from African financial services group Standard Bank Group where she held the position of CEO of Standard Bank Plc and CIB International. Most recently she served as Strategic Advisor to the Group CEOs. Prior to this Ms Knott worked at Nomura for nine years and at UBS for five years.
Jenny Knott will sit on the Global Executive Management Group of ICAP. She will be based in London and will report to Michael Spencer, Group Chief Executive Officer.
She is set to officially start her work at ICAP on August 5, 2015. Amid her responsibilities is leading the strategic direction of the division. She will be at the helm of the Traiana, TriOptima, Reset, Euclid and ICAP Information Services businesses.
Michael Spencer commented:
“This is an important hire for ICAP and for the key businesses within the Post Trade Risk and Information Services division. Jenny is impressive and suitably experienced, having spent her entire career in the global financial markets. The significant time she has spent in investment banking means she brings a valuable insight, as well as deep knowledge of the changing regulatory landscape and, crucially for ICAP, the opportunities this brings in the pre and post trade space. I am delighted Jenny is joining us, and I look forward to working with her as we continue to invest in expanding the innovative range of products and services of the division”.
ICAP’s Post Trade Risk and Information Services aims to help users of financial products to cut operational and system-wide risks. This improves the efficiency of trading, clearing and settlement and also lowers costs. ICAP’s information business enables customers to make trading decisions with market information across key asset classes.
To view the official announcement, click here.