ICAP Energy appoints George Dranganoudis

31 January 2013

London and Singapore, 31 January 2013 – ICAP plc (IAP.L), the world’s leading interdealer broker and provider of post trade risk and information services, today announces the appointment of George Dranganoudis as a Managing Director of ICAP Energy in Singapore, from 4 February, 2013.

Reporting to Anthony Warner, CEO of ICAP Singapore and regionally to Hugh Gallagher, CEO of Asia Pacific, Dranganoudis will manage oil broking in Singapore and will also play an active role overseeing other commodities opportunities in the region.

George Dranganoudis has more than 11 years of experience at ICAP, including 10 years at ICAP Energy and 19 years in the broking industry. Previously, he was Associate Director of Oil Derivatives at ICAP Singapore and Manager of Coal Derivatives at ICAP London. Most recently, he was based in Sydney as Senior Broker for ICAP Energy Australia overseeing the business across product lines.

Hugh Gallagher, CEO of ICAP Asia Pacific, said: "The experience that George has gained in London, Singapore and Sydney spanning 19 years will be invaluable for our growth and expansion in the Asian Energy and Commodity business. He will help take our business in Asia Pacific to the next stage of its development."

Anthony Warner, CEO of ICAP Singapore, added: "George brings deep understanding both of the market and of our customers' needs and he has an exceptional record in working in partnership with his clients and colleagues. I welcome him to help expand our oils offering in particular in Singapore."

ICAP Contacts:

Serra Balls Head of Public Relations, ICAP +44 20 7050 7104
Bruce Shu Grayling +852 2164 8300

About ICAP Energy
ICAP Energy, a subsidiary of ICAP plc, the world’s leading electronic and voice interdealer broker is an innovative leader in the energy and shipping industries, providing full-service and over-the-counter broking and advisory capabilities to a broad spectrum of businesses throughout the world. The group has approximately 350 staff located in London, North America, Singapore, Sydney, Geneva, Bergen, Amsterdam, Madrid, Copenhagen and Sao Paulo. ICAP Energy offers real-time price discovery and execution services in crude oil and oil products, biofuels, agriculture and softs, base and precious metals, iron ore, electricity, natural gas, coal, emissions, freight, weather derivatives and physical products.

ICAP Energy was named "Broker of the Year" in 2012 by Energy Risk magazine in a poll of over 1,500 market participants. For more information please visit www.icapenergy.com.

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