IMC ANNUALREPORT 2020 - Flipbook - Page 9
01 MANAGEMENT BOARD REPORT
We were decisive in the decisions
we took and in the choices we
made in support of our continuing
expansion and growth. In November
we finalised the sale of our Direct
Market Making rights on the New
York Stock Exchange to Citadel
Securities.
IMC’s employees are the firm’s
most important asset, and we invest
heavily in enabling and empowering
them. That includes by offering
continual learning and development
opportunities, sharing ideas and
cooperating globally, and in building
and maintaining a strong culture.
In terms of headcount growth,
we exceeded our recruitment goals
and maintained our traineeship
and recruitment programs despite
local and global restrictions related
to Covid-19. We demonstrated
resourcefulness and ingenuity in
finding workable, practical solutions
to complex challenges, an example
being our online internships and
traineeships.
Given the challenging working
environment, we paid special
attention to the well-being of our
people and their families, to make
sure that they were supported and
motivated. It is our priority to ensure
that no one at IMC feels isolated,
and we leaned heavily into digital
solutions and our strong team ethic
to support and encourage our people
throughout the year, notably those
who had just joined the firm.
IMC ANNUAL REPORT 2020
firm is our role in society. In 2020,
through its charitable foundations,
IMC donated significant amounts
to the communities in which we
work and to help agencies operating
further afield. We raised and
donated a record amount in a single
trading day for Room to Read, our
long-term partnership to raise
child literacy levels in Africa. We
also gave substantial amounts to
agencies addressing the impact of
Covid-19, and doubled our effort as
a firm to match that of our people
in support of the charitable causes
that mean most to them.
“IMC’s employees
are the firm’s most
important asset, and
we invest heavily
in enabling and
empowering them.”
We are extremely proud that IMC
safely and successfully met the
challenges of 2020. We continued
to grow, and to deliver on our
fundamental commitments and
obligations as a market maker. In
every respect we upheld our values
and achieved our purpose. That was
entirely thanks to an exceptional
team effort. We look to the future
with confidence and optimism,
secure in the knowledge that IMC is
truly here to stay.
Amsterdam, March 12, 2021
Management Board
Rob Defares, CEO and Chairman
Johan Benning, CFO
Willem Brinkman, General Counsel
Brian Hitchcock, COO
Arno de Quaasteniet, CTO
While, at first sight, remote
working might appear to be at odds
with IMC’s culture of teamwork
and close collaboration, we believe
that our ‘can do’ mindset and our
willingness to work together were
crucial to meeting this challenge. In
working as a team, and in staying
connected across the globe, we
supported each other to ensure
business and strategic continuity.
Another important element of
how we see our responsibility as a
9