EBS BrokerTec's Mandelzis steps down

Chief executive resigns after four years in the role

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Gil Mandelzis: "Together, we have transformed EBS BrokerTec"

Gil Mandelzis, chief executive of Icap-owned EBS BrokerTec, has announced his resignation after four years at the helm, according to a company press release.

Mandelzis co-founded Traiana, a post-trade services company, in April 2000, which he went on to sell to Icap in 2007. He was later appointed chief executive of EBS in 2012, replacing David Rutter.

"Mandelzis has been a truly outstanding leader of our electronic markets division, playing a central role in the successful expansion and

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