KUALA LUMPUR, Feb 27 (Bernama) -- Independent clearing firm for exchange-traded derivatives, G.H. Financials has announced the promotion of Mark Phelps to group Chief Executive Officer (CEO), effective this April 2.
With the new appointment, Phelps will be relocating to the group's head office in London.
The promotion has also resulted in the appointment of Mark Ibbotson as Non-Executive Chairman of G. H. Financials, succeeding Duncan Paterson who has served as a non-executive director of the group since 2012.
"We are delighted to promote Mark Phelps to the position of group CEO. Mark's skill, dedication and enthusiasm have been key ingredients to the firm's successful expansion in recent years, which makes him an excellent and natural choice to lead the group to the next level.
As an experienced and respected figure in the derivatives industry, Mark will bring a new dimension and energy to the firm for the next phase of its expansion, while it is an honour for me to step up to become chairman," said Ibbotson in a statement.
Meanwhile, Phelps said he would be inheriting a talented team of professionals across the company's offices in London, Hong Kong and Chicago and combined with the guidance from Ibbotson, they were perfectly placed to continue the business expansion and to bring innovative clearing and market access solutions to their global client base.
-- BERNAMA
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