Board of Directors

Alex Letts

After graduating from Oxford, Alex spent 15 years working in the international advertising sector. SMI Group which he founded in 1988 went on to become the largest business advertising agency in Europe, specialising in technology clients and pioneering web-based communications. SMI was bought by Groupe Publicis in 1997 where Alex served as Worldwide President and CEO of Publicis Technology.

Alex founded RI3K in May 2000 to build an electronic trading exchange for the insurance sector. In May 2007 a consortium led by Michael Spencer of ICAP and the hedge fund Eton Park took majority control of RI3K. RI3K employs about 70 staff and has a network of more than 270 companies trading on its service.

Alex is married with four children and lives in London.

Neil Eckert

Neil Eckert is Chief Executive of Climate Exchange Plc, an AIM listed company which owns the European Climate Exchange (ECX) and the Chicago Climate Exchange (CCX).

He is also Chairman of Trading Emissions Plc and Chairman of Econergy, an AIM listed company investing in South American renewable energy projects.

Neil is on the Board of the Isle of Man Assurance Company, Ebix Inc, an insurance based software company traded on NASDAQ, and the Environmental Credit Corporation.

Until April 2005, Neil was Chief Executive of Brit Insurance Holdings PLC which he founded in 1995 as an Investment Trust listed on the London Stock Exchange. Neil now serves Brit as a Non Executive Director.

Neil is also Chairman of Design Technology & Innovation Limited, a patenting and intellectual property company.

Robin Merttens

Since graduating with a Law Degree from St Catherine’s College Cambridge, Robin has spent the majority of his career working in the insurance industry. As Group Solicitor at Lowndes Lambert, he held a key role in the MBO and subsequent IPO, and later worked on the £250m MBO of Heath Lambert. When he left Heath Lambert in May 2000 to help found RI3K, he was Managing Director of Heath Lambert Overseas.

Robin was one of the original founders of RI3K in May 2000, and since that time, as the company’s Chief Operating Officer, he has sat on the Board and Executive Committee.

His responsibility at RI3K is to ensure that all aspects of the company co-ordinate effectively to support the needs of the customers and the market in terms of quality of service and in design and development of RI3K’s offering.

Matt Wreford

Matt, a qualified chartered accountant, is a director of IPGL Limited, a private holding company in which Michael Spencer, CEO of ICAP plc, together with his wife and family trusts, are majority shareholders.

Matt is responsible for IPGL’s interests in financial services businesses including Exotix Holdings Limited, the emerging market securities broker, City Index Ltd and Origin Asset Management Limited.

He was previously an investment director at venture capital firm MMC Ventures Ltd and has held a number of other directorships including Neoss Limited, the developer of dental implant solutions; Connect Mortgage Group Limited, the mortgage processing outsourcer; and Ibis Project Services Limited, a specialist in the affordable housing sector.

Nick Campsie

Nick Campsie is responsible for Eton Park’s private investments in Europe. Nick joined the firm in 2005 and is based in their London office. Prior to joining Eton Park, Nick worked at Terra Firma Capital Partners, a leading European private equity fund, where he was involved in completed investments with a transaction value exceeding £2 billion. Nick was focused on two main sectors, utilities and financials. Prior to Terra Firma, Nick worked at McKinsey & Company where he was focused on micro-economic analysis and projection in commodity sectors.