Matthew Lester new Group FD at ICAP

 In Uncategorized

ICAP plc, the world’s largest interdealer broker, has announced the appointment of Matthew Lester as Group Finance Director. It is anticipated that he will be free to commence his appointment within six months. Michael Spencer, Group Chief Executive of ICAP, commented “I am delighted that the Board has appointed Matthew Lester as Group Finance Director, after a full and thorough search process. ICAP will certainly benefit from the strong technical skills and broad experience in a large public company which qualified him as the best candidate.”

Matthew Lester ACA (42) has worked for Diageo plc since 1996, most recently as Group Financial Controller where he was responsible, as head of Financial Planning and Reporting, for the overall performance management of Diageo and all external reporting. Between 2003 and 2005 he was Group Treasurer and prior to that Regional Finance Director, Diageo Key Markets from 2000. After qualifying with Arthur Andersen in 1987 he moved in 1988 to Kleinwort Benson, working in corporate finance.

It was announced on 22 November 2005 that Jim Pettigrew, the current Group Finance Director, had decided to pursue his career outside ICAP. Mr Pettigrew will leave the company on 2 June 2006. Mark Yallop, ICAP’s Group Chief Operating Officer, will take over the Group Finance Director’s responsibilities until Matthew Lester is free to take up his position.

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