TP ICAP Group plc (LON:TCAP) today announced changes to the roles and responsibilities of two of its Non-executive Directors. The changes are effective 1 March 2023.

Kath Cates will assume the role of Senior Independent Director.

Ms Cates was appointed to the Board of TP ICAP on 1 February 2021. She is Chair of the Risk Committee and a member of the Audit and Nominations & Governance Committees.

A qualified lawyer, Kath Cates has a breadth of experience, with previous executive roles spanning legal, operations, risk and compliance. She has over 25 years’ experience in global financial services and has most recently focused on her Non-executive roles, gaining considerable experience on the boards of a number of companies, as a member and chair of main board committees, and undertaking the role of senior independent director.

She was previously Chief Operations Officer, Wholesale Banking, for Standard Chartered plc. Prior to that she spent 22 years at UBS in a variety of senior roles. Most recently she was appointed a Non-executive director of United Utilities Group plc where she is a member of the remuneration and nomination committees. Kath was until recently Non-executive director, chair of the risk committee and a member of the audit and nominations committee of Brewin Dolphin Holdings plc.

Also today, TP ICAP announced that Michael Heaney will relinquish his role as Senior Independent Director and will remain an Independent Non-executive Director.

The memberships of the Company’s Board Committees remain unchanged.