Mr. Geny was previously Head of the Global Risk Management Specialists Group at Moodyâs Investor Services in New York. Prior to joining Moodyâs he was a Director of Corporate Finance for Merrill Lynch & Co.
Mark Yallop, Group Chief Operating Officer of ICAP, said, "HervÃ© Geny brings substantial industry experience and global operating knowledge to this vital role. We are delighted to appoint an individual of his calibre and expertise to this position. Given our leading position in the wholesale inter dealer broking markets we take the management of all forms of risk very seriously. HervÃ© will enable us to develop our risk oversight and control processes, in which we have already invested considerable effort, to an even higher level.â
Phil Moyse, who has combined the role of ICAPâs Chief Risk Officer with his other duties, will remain with the Group as a consultant for a further 18 months.