Icap has hired Cathy Lyall as its chief operating officer of exchange projects. The experienced and respected Lyall was previously managing director, EMEA, of the Chicago Board of Trade before its acquisition by the CME. She has also held a number of positions in the Australian trading and derivatives markets.
Lyall will report to Mark Yallop, Icap’s group chief operating officer, and will be responsible for global coordination of the company’s relationships with exchanges. She will also liaise with regulators and potential customers as well as overseeing business and technology development.
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