ICAP plc (IAP.L), a global markets operator and information services provider, has tapped Jenny Knott as its newest Chief Executive Officer (CEO) of Post Trade Risk and Information Services, according to an ICAP statement.
Ms. Knott joins ICAP after working at a number of leading financial services groups, including Standard Bank Group where she served in a similar role, CIB International, as its Strategic Advisor to the Group CEOs – additional stops include Nomura and UBS.
In her new role as the CEO of Post Trade Risk Information Services, Ms. Knott will be sitting on the ICAP’s Global Executive Management Group. She will be based out of London and will be reporting to Michael Spencer, ICAP’s Group CEO.
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Her official tenure is slated to begin on August 5, 2015, where she will focus on heading the strategic direction of the Post Trade Risk division. More specifically, she will oversee Traiana, TriOptima, Reset, Euclid and ICAP’s Information Services businesses.
According to Mr. Spencer in a recent statement on the appointment, “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,” he added.
Back in May, ICAP Energy, the energy affiliate of ICAP plc, partnered with transaction reporting specialist, Abide Financial, integrating its regulatory reporting capabilities for the new REMIT (Regulation on Wholesale Energy Market Integrity and Transparency) legislation.