Jackie Bullimore, Head, Oil Markets; Isabella Kurek-Smith, Head, Utility Markets; Stuart Wood, Head, E-Commerce; Avril Watson, Head, Technology Development; Jane Davison, Head, Project Management; David Ford, Head, Market Services.
As a result of the above changes Trevor Christmas, SVP Marketing, and Nick Aldridge, VP Product Development and Research, will both be leaving the Exchange.
Richard Ward, CEO said "Both Trevor and Nick have made significant contributions to the development of the IPE. We wish them well for the future".
The restructuring has enabled Business Development to cut its operating costs significantly, ensuring that the IPE remains highly competitive. One aspect of the changes is that the IPE will in future manage all of its global marketing and client management from London. Staff currently based in New York will become part of the new Oil Markets team operating in London.
Stephen Gutteridge, Business Development Director said, "we operate in a fast-moving world, with new opportunities and competitive threats emerging all the time. Our new organisation will enable us to respond quickly and flexibly to these, whilst retaining our focus on key markets such as Oil, Utilities and E-Commerce. We shall now move ahead with our plans for new products and initiatives".