People moves: Puth joins Icap board
David Puth, who quit his role as head of global currencies and commodities at JPMorgan in November 2006, has joined Icap as a non-executive director. Puth has become a member of the broker’s audit and remuneration committees. In an official statement, Icap’s chief executive Michael Spencer says: “David brings significant experience at a very senior level in markets in which we operate. I am sure that we will benefit from his broad knowledge of the foreign exchange, commodities and emerging markets.”
The broker is also looking to capitalize further on Jim McNulty’s vast experience. McNulty is a veteran of the US exchange-traded markets, having served as president and chief executive of the Chicago Mercantile Exchange as well as a more recent stint on the New York Exchange. He has been a non-executive director at Icap since March 2004 but now steps up to the role of senior independent director with effect November 15.