TULLETT PREBON, the FTSE 250 inter-dealer broker, has appointed Andrew Baddeley as chief financial officer. He succeeds Paul Mainwaring who is standing down after nearly ten years as group finance director.
Baddeley will also join the board of Tullett Prebon as an executive director with effect from 13 May 2016.
He has 28 years of experience in financial services organisations operating in the UK and internationally. He was previously CFO at Brit Insurance Group, the Lloyd’s of London-based insurance group.
Previously, he spent five years as group finance director at Atrium, a Lloyd’s insurer. His previous experience includes holding senior financial positions at General Re, a subsidiary of Berkshire Hathaway.
His early career was spent at EY and PwC. He is a chartered accountant and a member of the Chartered Institute of Taxation.
John Phizackerley, chief executive of Tullett Prebon, said: “I am delighted to welcome Andrew to Tullett Prebon and am looking forward to his contribution to our team and the board. Andrew has almost 30 years’ experience in the financial services industry and he will be a great addition to my team.
“At the same time, I want to thank Paul Mainwaring for his enormous contribution to our firm over almost a decade. Paul has been a highly effective and dedicated finance director during his time with Tullett Prebon. He has headed the group’s finance function with great skill and effectiveness, maintaining discipline over costs, cash and capital,” continued Phizackerley .
He played an important part in bringing about the signing of the agreement for the proposed acquisition of ICAP’s global hybrid voice broking and information business in November 2015.”