TP ICAP chairman to step down at end of 2018


TP ICAP PLC (TCAP.LN) said on Wednesday that Non-Executive Chairman Rupert Robson intends to retire at the end of 2018.

The interdealer broking company said it will begin a “comprehensive search” for Mr. Robson’s replacement. Mr. Robson will retire on December 31, having been chairman since March 2013.

Mr. Robson said the company is roughly halfway through the integration of the broking businesses it acquired from NEX Group PLC (NXG.LN) at the end of 2016, and his departure is “timely” as the company develops its post-integration strategy.

Source : MTV