ICAP Plc Adds Stuart Bridges as Its Group Finance Director

Stuart Bridges lands at ICAP as its Group Finance Director, who joins from Hiscox Ltd after 15 years with the

ICAP plc (IAP.L), a global markets operator and provider of post-trade risk mitigation and information services, has appointed Stuart Bridges as its newest Group Finance Director, according to an ICAP statement.

Mr. Bridges’ new appointment is pending approval from the UK’s Financial Conduct Authority (FCA). In his new role, he will be sitting on ICAP’s Global Executive Management Group and Board, where he will be based out of London. He will be reporting directly to Michael Spencer, ICAP’s Group Chief Executive Officer.

Join the iFX EXPO Asia and discover your gateway to the Asian Markets

Mr. Bridges joins ICAP from global insurer, Hiscox Ltd, having worked as its chief financial officer (CFO) since 1999. During his time at Hiscox, he also held the role of board director and was a member of its executive group.

Suggested articles

What to Look for in a Forex Technology Provider?Go to article >>

According to Mr. Spencer in a recent statement on the appointment, “Stuart brings valuable experience and an impressive track record in the global financial services industry and I am delighted that he is joining ICAP. His appointment marks the culmination of a comprehensive process to find the best candidate for this role.”

“It is an exciting time to be joining ICAP: we are focused on investing further in expanding our product portfolio and services into areas where we see potential and redeploying our energies on our market leading assets. Stuart will be a key part of the management team that will drive forward our strategy and I look forward to working with him,” he added.

Earlier this week, ICAP and BATS announced that they would be partnering to provide a new clearing and trading service for Exchange for Physical (EFP) transactions. The transactions are based on an exchange of a futures position for the underlying asset.

Got a news tip? Let Us Know