Inter-dealer broker TP Icap has appointed Amir Zaidi as global head of compliance, based in New York.
He joins from the US Commodity Futures Trading Commission (CFTC), where he has served in a variety of roles for nine years, most recently as director of its Division of Market Oversight. In that role, he led a team of 90 staff across four offices to oversee derivatives platforms and swap data repositories and the CFTC’s market intelligence initiatives. Zaidi also performed the role of legal counsel and policy advisor for two commissioners and special counsel, Division of Market Oversight. Prior to CFTC, Zaidi worked at the Financial Industry Regulatory Authority (FINRA) and at law firm Arnold & Porter.
“I am very pleased that Amir will be joining TP Icap,” says Nicolas Breteau, chief executive of TP Icap. “[He] brings a vast amount of regulatory experience in our sector which will be critical for TP Icap as we continue to develop our world class compliance function in support of our market leading and diverse range of businesses across wholesale financial markets and the growing data and analytics sector.”
Zaidi adds, “It is clear that regulators are very focused on the role of interdealer brokers in financial markets and their operation of trading venues in support of a wide range of clients. I hope to leverage my experience for TP Icap and its clients and assist in the evolution of the firm’s compliance function.”
Zaidi will report to Philip Price, executive director and group general counsel and will be responsible for 73 compliance professionals across 14 offices.