Group executive committee

Group Executive Committee (GEC) oversees the strategy and management of
TP ICAP group, and monitors and governs the commercial and financial performance across the regions, global business lines and global corporate functions.

The GEC is experienced in strategic and change management, building high-performing teams, risk management and setting high standards of professionalism and accountability.

Nicolas Breteau
Group CEO

Nicolas Breteau was appointed as Group CEO on the
10 July 2018. He joined Tullett Prebon as Chief Commercial Officer in 2016, and then moved to run
TP ICAP’s largest business, Global Broking. 

Nicolas started his career in 1993 on the Listed Derivatives Exchange MATIF (later part of Euronext). From 1993 to 1998, he held several senior positions at the derivatives broker FIMAT, including Deputy CEO of the Paris Office. He then moved to London as Head of Risk for EMEA, and subsequently became Deputy CEO then CEO of the FIMAT London Branch. In 2005, Nicolas was promoted to CEO of EMEA, a position he consolidated after Newedge was formed through the merger of FIMAT with Calyon Financial in 2008. He was appointed Global Head of Sales and Front-Office in 2009 and became Chief Executive of Newedge Group in 2010. 

He moved from Newedge in 2014 following the sale of the company to Société Générale, and became Senior Managing Partner of a consulting firm, 99 Advisory. Nicolas graduated from Ecole Superieure de Commerce de Bordeaux.

He has been a director of several Boards including the Futures and Options Association (UK), Futures Industry Association (USA), Altura (Spain), Citic/Newedge (China) and has been the chairman of iSwap Limited since February 2018. He is a trustee at PSE For a Child’s Smile UK, which helps deprived children in Cambodia.

John Abularrage
CEO, Global Broking
John Abularrage

John Abularrage is CEO of Global Broking and CEO of Americas, having previously been Chief Executive Officer and President of Americas region at Tullett Prebon since June, 2011.

Mr. Abularrage served as the Chief Executive Officer of North America at Collins Stewart plc from January 2009 to March 2011 and served as its Head of Equities for Collins Stewart plc, based in London from 2004 through 2008.  Mr. Abularrage served as the Head of European Securities and Head of Equities at Collins Stewart Plc. He joined Collins Stewart in 2001 as a Director, building the equities business in the US. Mr. Abularrage started his career at ABN Amro.

He was educated at the Georgetown University School of Business, gaining a BSc in Business Administration.


Robin Stewart
Group Chief Financial Officer

Robin Stewart was appointed Chief Financial Officer on the 10 July 2018. Robin joined Collins Stewart Tullett plc in 2003 as Head of Tax, before becoming Head of Group Finance & Tax for Tullett Prebon plc in 2010.

Prior to that he spent 13 years at Dresdner Kleinwort where he was Deputy Head of Tax, having started his career at Arthur Andersen. He was involved in CST plc’s acquisition of Prebon Yamane, the demerger of Collins Stewart from Tullett Prebon plc, and the acquisition of ICAP.

Robin was appointed Interim CFO in November 2017 having been the Group Deputy CFO and Financial Controller at Tullett Prebon since 2010. He was educated at the University of Manchester gaining a BSc in Geography.

David Goodchild
Group Chief Risk Officer

David Goodchild was appointed Group Chief Risk Officer in October 2017, with responsibility for overseeing our risk profile. David joined Tullett Prebon in 2005 and held a number of roles throughout the Tullett Prebon, and subsequently TP ICAP, group including EMEA Head of Compliance and EMEA Head of Risk. Prior to this, David worked at RBS in the Corporate Banking and Financial Markets tax group and in the tax advisory group of EY’s Financial Services Practice.

David studied law at the University of Birmingham and holds professional qualifications in law and tax.

Joanna Nader
Group Head of Strategy
Joanna Nader Group Strategy Director

Joanna is our Group Head of Strategy. She has spent her career in financial services, across a wide range of roles, within commercial/corporate banking, risk management, investment banking and private equity.

Immediately prior to joining TP ICAP, Joanna was a Managing Director at RBC Capital Markets, where she was Head of Diversified/Specialty Financials Research, covering a number of financial companies, including TP ICAP, and the exchange groups. Previous to RBC, Joanna spent nearly 10 years as the Chief Investment Officer of JRJ Group, a private equity firm focused on financial services. She also worked at Lehman Brothers, where she was the lead analyst covering Speciality Financials and the European Investment banks, before becoming Chief of Staff, Office of the CEO Europe, Middle East & Asia.

John Ruskin
CEO, Institutional Services

John was appointed CEO, Institutional Services in September 2018. Prior to this, he was the co-founder of COEX Partners, before the business was bought by Tullett Prebon in 2017.  John has more than 25 years of experience in the futures industry and before starting COEX, he was Global Head of Listed Products at Newedge. John founded the Cube Financial Group in 1997 and was CEO until the company was sold to Société Générale in 2006. He started his career on the LIFFE open outcry floor.

Martin Ryan
Group Chief Operating Officer

Martin Ryan was appointed Group Chief Operating Officer on 11 December 2018. Martin has extensive experience across Operations & Technology in both investment banking and market infrastructure environments.

Prior to joining, Martin held the position of CEO of Shared Services at the LSE Group, where he built and ran onshore and offshore teams, having previously been CIO, Head of IT & Operations and a Board Member of its subsidiary, LCH Clearnet.

Prior to this he ran Market Operations for RBS and Fixed Income Operations at Morgan Stanley, having started his career at JP Morgan in its Fixed Income Sales and Trading business.

Andrew Polydor
CEO, Energy & Commodities
Andrew Polydor

As Global Head of Energy and Commodities, Andrew Polydor has built the largest energy and commodities broker in the world through organic growth and the acquisition of PVM in November 2014.

He started his career in foreign exchange with Tullett Forex in Australia in 1983, later moving to Charles Fulton in 1985. He transferred to London in 1989 and New York in 1990, where he became Vice President of Foreign Exchange. In 1998 Andrew switched to the energy markets after researching the deregulating market in Australia. He set up Prebon Energy Sydney, which quickly became the premier broker in the Australian power market. During this time he also set up Prebon Environmental Consultancy Services, a pioneer in the carbon markets. In 2000 Andrew was transferred to London by Prebon to run its growing energy business in Europe as Managing Director of Energy, EMEA, and was promoted to the position of Global Head of Energy and Commodities in 2008.

Philip Price
Group General Counsel
Philip Price

Philip Price has extensive experience in the legal and regulatory aspects of financial services. Having worked in London and Hong Kong, he qualified as a solicitor at CMS in 1990 and subsequently joined Tiphook plc rising to the position of General Counsel and Company Secretary. He was Group Legal Adviser at Dresdner Kleinwort Wasserstein from 1995 to 1997 and was Managing Director and Head of EMEA Corporate Legal Services at UBS AG from 1997 to 2006. He was based in Monaco as General Counsel and COO at SRM Global Fund between 2006 and 2009 and was subsequently Company Secretary and General Counsel at Candover Investments plc from 2009 to 2012. Prior to joining Tullett Prebon plc in 2015 he was a partner and General Counsel at Arle Capital between 2012 and 2014

Philip graduated with a law degree from the University of Leicester and is admitted as a Solicitor of the Supreme Court of England and Wales.

He is an ambassador for Home-Start UK, a charity focused on the needs and welfare of pre-school children and their families.


Eric Sinclair
CEO, Data & Analytics 

Eric joined as our CEO of Data & Analytics in November 2017.  He joined from the Toronto Stock Exchange (TMX) where he spent 14 years, most recently as president of its Market Insights Division.    

During his time at TMX, Eric led the growth of their data business by focusing on strategic partnerships and acquisitions, as well as the development of new products and services.  Prior to working at TMX, Eric was Executive Vice President at Spectra Securities Software and Vice President, Reuters.

    For more information on TP ICAP’s individual businesses, please visit:

  • Tullett prebon
  • ICAP
  • PVM