22nd Sep 2010 16:50
Press Release
ICAP appoints Hsieh Fu Hua as a non executive director
London, 22 September 2010 - ICAP plc (IAP.L), the world's premier interdealer broker, has appointed Hsieh Fu Hua as a non executive director. He will take up this new appointment on 1 January 2011. The appointment is subject to the approval of the Financial Services Authority.
Michael Spencer, Group Chief Executive, commented, "Fu Hua brings sound knowledge and very broad experience of the markets in which ICAP operates. He has a solid track record in building teams and businesses in Asia and enjoys a fine reputation for having delivered results in both investment banking and the financial markets."
Mr Hsieh Fu Hua is Executive Director and President of Temasek Holdings, Singapore.
He was formerly CEO and non-independent director of the Singapore Exchange from 2003 to 2009 and has 35 years' experience in merchant banking and capital markets in Asia.
He is also co-founder and adviser of PrimePartners, a corporate and investment advisory business based in Singapore and served as the Group Managing Director of BNP Prime Peregrine Group, the Asian investment banking arm of BNP (a joint venture with PrimePartners). Before forming PrimePartners in 1993, he headed Morgan Grenfell Asia Holdings Pte. Ltd. which he joined in 1974.
Mr Hsieh is a member of the National University of Singapore (NUS) Board of Trustees and the National Arts Council. He is a graduate of the University of Singapore with an honours degree in business administration.
Contacts: |
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Mike Sheard |
Director of Corporate Affairs |
+44 (0) 20 7050 7103 |
Alexandra Umpleby |
Head of Media Relations |
+44 (0) 20 7050 7104 |
Neil Bennett |
Maitland |
+44 (0) 20 7379 5151 |
About ICAP
ICAP is the world's premier interdealer broker and provider of post trade risk and information services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, foreign exchange, emerging markets, equities and equity derivatives through voice and electronic networks. ICAP plc was added to the FTSE 100 Index on 30 June 2006. For more information go to www.icap.com
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