Lance Uggla
Founder, Markit Group Ltd.
Uggla was the vice-chairman of TD Securities responsible for investment grade credit trading portfolios valued at $15bn when he decided to leave the Canadian broker and set up Markit in 2001. In eight years under his leadership the firm has benefited from growth of the credit markets – the rise in credit default swaps trading in particular. Increased regulatory oversight that will inevitably affect these markets can only increase demand for Markit data. Uggla has grown the business aggressively, diversifying into equities, through acquisitions including Boat in January last year, carbon trading with the purchase of TZ1 Registry and a deal with BlueNext to create benchmark indices. (July 20, 2009)
Source: www.efinancialnews.com