Michael Spencer of ICAP joins Bordeaux Index as chairman

Bordeaux Index, the leading fine wine merchant, has appointed Michael Spencer as Chairman

Bordeaux Index, the leading fine wine merchant, has appointed Michael Spencer as Chairman. Michael Spencer is the founder and Group CEO of ICAP, the world’s leading interdealer broker and member of the FTSE 100 index. In addition, IPGL the privately owned financial services investor has acquired a minority shareholding in Bordeaux Index.

Gary Boom, founder and managing director of Bordeaux Index said: “Michael has been a supporter of BI for many years and we are delighted he has agreed to join us as Chairman. With his unrivaled knowledge of the financial markets and love of fine wine I am sure he will make a substantial contribution to the next phase of our growth plans.”

Michael Spencer said: “Since it was established 15 years ago Bordeaux Index has become one of the most innovative and fastest growing of the major international fine wine merchants. I am delighted to become a shareholder and non executive Chairman of this great firm and work again with my close friend and former colleague Gary Boom.”