Tradeweb Markets Appoints Independent Directors

Tradeweb Markets Appoints Independent Directors

Tradeweb Markets Inc, a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, announced that Jacques Aigrain and Rana Yared will join its board as independent directors, effective August 1, 2022. Mr. Aigrain will chair the Compensation Committee and serve as a member of the Nominating & Governance Committee. Ms. Yared will serve as a member of the Audit Committee.

Mr. Aigrain brings more than 30 years of financial services expertise and leadership experience to Tradeweb’s board, including seven years as an advisor at Warburg Pincus LLC and nine years at Swiss Re where he was CEO from 2006 to 2009. Prior to Swiss Re he spent 20 years in global leadership roles at JP Morgan Chase & Co. in New York, London and Paris. Mr. Aigrain currently serves as chairman of the board of LyondellBasell NV, chairman of Singular Bank S.A.U. and director of Clearwater Analytics. He previously held board positions at WPP plc, London Stock Exchange Group plc, LCH Clearnet Group Ltd, Lufthansa AG, Resolution Ltd, Swiss International Airlines AG, and the Qatar Financial Authority. He holds a doctorate in Economics from Université Paris-Sorbonne and a master’s in Economics from Université Paris Dauphine – PSL.

Ms. Yared is a General Partner at Balderton Capital, a leading venture capital investor focused on European founders with global ambitions from seed to exit. She joined Balderton in 2020 following 14 years at Goldman Sachs, where she was a Partner in the Principal Strategic Investments Group and later in GS Growth. Ms. Yared currently holds board positions at The Penn Fund and Wabash College. This appointment marks Ms. Yared’s return to Tradeweb’s board, having previously served as a director for five years prior to the company’s 2019 IPO. She formerly held board positions at NAV, Vestwell, New York Shipping Exchange and SwapClear. She holds a Bachelor of Science from the Wharton School and a Bachelor of Arts in International Relations, both from the University of Pennsylvania, as well as a Master of Science from the London School of Economics.

Lee Olesky, Chairman and CEO of Tradeweb, commented: “Jacques and Rana are excellent additions to the Tradeweb board, each with a unique background that complements our focus on strong governance. Jacques has wide-ranging experience in global financial services, both as an executive and board member. Rana knows Tradeweb’s business well, having worked with the executive management team as a board member for five years, and she brings exceptional experience helping companies to scale. We are thrilled to have her back on the board.”

Billy Hult, President and CEO-elect of Tradeweb, commented: “As Tradeweb positions itself for the next phase of growth, the breadth and depth of directors is important to the success of our management team and our company. Rana is a veteran investor with a tremendous track record in the fintech space, while Jacques brings valuable perspectives on client management, market operations, strategy and governance. We are excited to welcome Rana and Jacques to the Tradeweb board.”

Source: Tradeweb

Related articles

  1. Easy Money Tamps Down Volatility

    Increased volatility drives the buy side to take a closer look at how they are trading.

  2. Flow to electronic trading platforms increased during the first half of 2022.

  3. High-Touch Sales Traders Go Electronic

    ADV was an average $1.1 trillion for the quarter, up 14% form the prior-year period.

  4. The electronic fixed-income trading platform said it had a record number of active clients.

  5. Electronic workflows enable market participants to streamline each step of the trading process.