FTSE Group Appoints Two New Directors - Tim Ward, Finance Director - Lance Fisher, IT Director

FTSE Group (FTSE), the index company, is strengthening its executive team with the appointment of two new directors to key roles. Based at FTSE’s head office in London, Lance Fisher has been appointed IT Director and Tim Ward takes on the role of Finance Director. They will both support the ongoing progress of the business in new areas and markets.

As the company’s Finance Director, Tim Ward is responsible for all of FTSE’s business support services, which comprise finance, human resources and facilities management. In addition, Tim will also manage the legal, risk and strategy departments. FTSE has expanded its business and maintained growth by creating partnerships with exchanges and organisations globally. Tim’s team is pivotal in supporting these partnership agreements, from the drafting of MOUs to the management of revenues.

Lance Fisher is responsible for evolving the business to meet the future needs of its clients through successful implementation, delivery and management of IT. He is also responsible for developing the corporate IT strategy in line with the company’s business objectives. FTSE is a technology based company depending on IT for the successful execution of its business strategy. This includes the design and development of new indices, the collection of pricing and company data from over 50 countries worldwide and the calculation and dissemination of more than 60,000 indices daily.

Lance and Tim both report to Paul Grimes, Chief Operating Officer, FTSE Group who said, “FTSE will be 10 years old this year and has grown rapidly, from a UK start-up employing ten people, to a global company with over 180 employees in nine offices worldwide. FTSE is committed to continued commercial success and to the innovation and development of FTSE indices. The strengthening of the executive team will help us drive the success of the company going forward. I am delighted to welcome Lance and Tim on board and I am sure they will be great assets to FTSE.”

Biographies available at http://www.ftse.com/media_centre/senior_people.jsp