Jack Jeffery has sprung a major surprise by deciding to leave his role as chief executive of electronic broking at Icap. Jeffery is regarded as one of the market’s nice guys and he is believed to have handed in his resignation earlier this month. He will continue working at the company until the end of June, when it is believed he will take a period of gardening leave.
Icap has moved swiftly to replace him, which is understandable given the increasing importance of its electronic division to its overall business.
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