Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013
ICE William Hague

18671

William Hague joins Board of Directors of Intercontinental Exchange

RELATED TOPICS​

The Right Honourable William Hague (pictured) has joined the Boards of Intercontinental Exchange and ICE Futures Europe. Hague will assume the role of Chairman of ICE Futures Europe in January 2016, succeeding Sir Bob Reid who is retiring from that role after 16 years of service. Sir Bob Reid continues as the Chairman of ICE Clear Europe through 2015.

Hague served as a Member of the UK Parliament from 1989 to 2015. He entered the UK Cabinet in 1995 and led the Conservative Party from 1997 to 2001. From 2010 to 2014 he served as First Secretary of State and Foreign Secretary and between 2014 and 2015 he was the First Secretary of State and Leader of the House of Commons. He was nominated for a life peerage in August 2015.

Sir Bob became Chairman of ICE Futures Europe, then known as the International Petroleum Exchange, in 1999 where he oversaw the exchange’s demutualization, its acquisition by ICE, and its transition to a global marketplace serving a range of asset classes.

Jeffrey C Sprecher, Chairman and Chief Executive Officer of Intercontinental Exchange, says: “We welcome William as incoming Chairman of ICE Futures Europe and to the Intercontinental Exchange board. He brings a unique combination of governmental experience and a deep understanding of business. Our markets will benefit from Mr. Hague’s private and public sector expertise as we seek to continue to grow by serving our customers in new ways.”

Hague says: “I am delighted to be joining ICE, both to chair London’s largest derivatives exchange and to join the board of one of the world’s leading exchange groups.

“Jeff and his colleagues have turned what was a start-up in the year 2000 to one of the industry leaders, with an outstanding track record of innovation. ICE’s exchanges and clearing houses provide customers with transparency and liquidity; and the company is well-positioned to meet the regulatory demands for a more resilient financial system as markets become ever more globalised. I’m looking forward to working with Jeff and the rest of the ICE team around the world as the business moves into the next phase of its growth.”

Latest News

Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according..
Octopus Investments (Octopus) has announced it has launched a Natural Capital Strategy...
Research firm focused on Alternative UCITS funds, Kepler Absolute Hedge, has published its Market Intelligence..

Related Articles

Trends
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100 million deals announced this month alone...
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100..
Different flavours
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led, multi-boutique global asset manager with over USD20 billion under management, recently undertook a survey with 204 UK investment professionals, seeking insights into their perceptions and attitudes towards boutique asset managers...
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led,..
UK map
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be worth billions of pounds in the coming years...
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be..
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a possible buyout of EY’s Italian consulting branch...
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by