Turquoise Appoints Peter Gibbs As Chairman

Turquoise, the pan-European share trading platform launching later this year, today announced that Peter Gibbs will serve as Non-Executive Chairman of its Board of Directors, from 1 April.

Mr. Gibbs, 50, has held senior positions in the asset management industry at Mercury Asset Management and Merrill Lynch Investment Management, where he was Co-Head of Equities and Chief Investment Officer for the international business. He is currently Chairman of Trustees of the Merrill Lynch Pension Fund, and is a Non-Executive Director of Evolution Group plc, a position he also holds at Impax Group plc, the Aim listed asset management boutique.

Commenting on Mr. Gibbs’ appointment, Eli Lederman, the Turquoise Chief Executive said: “The shareholders and management of Turquoise attach the utmost importance to the integrity of our actions as a company and to our corporate governance. Peter’s background sends a clear signal that we intend to be resolute on these matters. His distinguished career on the buy side adds balance to our Board and an important perspective to our developing business.”

Peter Gibbs said "I am delighted to have the opportunity of joining Turquoise at such an interesting point of its development. Turquoise has a compelling proposition to offer market participants and comes with a strong and committed shareholder base and a talented executive team.”