Tower Trading's Dickinson to move to non-exec role

Tower Trading Group executive chairman Alan Dickinson is to moveto a non-executive director role as he steps away from the day-to-daymanagement of the trading firm.

Jonathan Taylor, former head of Transtrend Group’s Europeanoperations, will assume the role of CEO. Taylor has been with the firm forthree years.

He will be supported by a management team consisting of ChristianBrowne, Adrian Spires and Stephen Taylor.

Dickinson has been executive chairman of the London-basedtrading arcade since December having previously been CEO since 2008.

During the eight years he has been at the helm of TTG, thebusiness has grown into a £10m turnover company servicing around 250 tradersacross the globe.

He will spend two days a week at TTG as part of his new rolefocusing on managing relationships with the firm’s clients and partners andacting as an ambassador for the industry.

The changes will be effective from the end of June.

Dickinson said: “I remain committed to TTG and am lookingforward to focusing on growing our relationships with key clients, exchangesand infrastructure providers.

“I leave the day-to-day management firms in the hands of ayounger management team who can give the commitment needed to continue to growthe business in a fast changing industry.”

Dickinson began his career in 1973 and built up Liffeclearing firm CBC into one of the largest independent clearers on the floor.

Following the sale of CBC to Fimat, now part of SocieteGenerale, Dickinson stepped back from the industry returning to run TTG in2008.