Besso's Bird to relinquish CEO role after BGC takeover
Colin Bird will step down as CEO of London market broker Besso
following the close of the company's acquisition by BGC
Partners.
In a statement released today, Besso said Bird will continue as
chairman, with current managing director of global casualty Robert
Dowman and head of property Russell Nichols named as joint chief
executives.
BGC Partners has agreed to acquire 100 percent of Besso in a
deal valuing the intermediary at £70.5mn ($86.6mn).
BP Marsh's announcement
yesterday confirmed
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