IG Group Holdings plc New Chairman Appointment (4314W)
11 Diciembre 2019 - 1:00AM
UK Regulatory
TIDMIGG
RNS Number : 4314W
IG Group Holdings plc
11 December 2019
IG Group Holdings plc
LEI No: 2138003A5Q1M7ANOUD76
11 December 2019
New Chairman Appointment
The Board of IG Group Holdings plc ("IG", "the Group", "the
Company"), a global leader in online trading, is pleased to
announce the appointment of Robert Michael (Mike) McTighe as
Chairman of the Board. Jonathan Moulds will continue to serve as
interim Chairman until 3 February 2020 when Mike McTighe's
appointment takes effect.
Interim Chairman Jonathan Moulds commented: "Mike brings
impressive board and leadership experience in financial services
and other regulated sectors, and we look forward to benefitting
from his considerable stakeholder management skills."
Also commenting on the appointment, Malcolm Le May, Senior
Independent Director and Interim Chairman of the Nomination
Committee, who led the search for the new Chairperson said:
"Following the completion of our comprehensive selection and
appointment process, I am delighted that Mike has agreed to join
the Board and welcome Mike to IG as June and the executive execute
on the strategy articulated at the investor day earlier this
year".
Mike said "I am very excited to be joining IG and look forward
to leading the Board and supporting June Felix and the executive
team as they continue to execute the Group's stated strategy."
Other than as disclosed below, there is no further information
to disclose for Mike McTighe in accordance with Listing Rule
9.6.13R.
Mike McTighe - Biographical Details
Mike McTighe (age 66) brings to IG a wealth of leadership, board
and regulatory experience from both public and private companies.
Mike is the Chairman of Openreach Limited, Together Financial
Services Limited, and Arran Isle Limited.
Mike spent most of his executive career at Cable and Wireless,
Philips, Motorola, and GE. For over 20 years he has held various
non-executive director roles in a range of regulated and
unregulated industries whilst also spending eight years on the
board of Ofcom and one year on the board of Postcomm. Mike has held
a number of chairmanships over the years including chairing several
public company boards.
Mike was a Director of WYG PLC until 21 September 2017 and of
IGAS Energy PLC until 10 October 2019
Mike has a BSc (Hons) Degree in Electrical and Electronic
Engineering from University College London (UCL).
For further information, please contact:
IG Group
Liz Scorer 020 7573 0727
Jon Laycock 020 7573 0326
investors@iggroup.com
FTI Consulting
Neil Doyle / Ed Berry 020 3727 1141 / 1046
About IG
IG empowers informed, decisive, adventurous people to access
opportunities in over 16,000 financial markets. With a strong focus
on innovation and technology, the Company puts client needs at the
heart of everything it does.
IG's vision is to provide the world's best trading experience.
Established in 1974 as the world's first financial derivatives
firm, it continued leading the way by launching the world's first
online and iPhone trading services.
IG is an award-winning, multi-platform trading Company, the
world's No.1 provider of CFDs* and a global leader in forex. It
provides leveraged services with the option of limited-risk
guarantees and offers an execution-only stock trading service in
the UK, Australia, Germany, France, Ireland, Austria and the
Netherlands. IG has a range of affordable, fully managed investment
portfolios, which provide a comprehensive offering to investors and
active traders.
It is a member of the FTSE 250, with offices across Europe,
including a Swiss bank, Africa, Asia-Pacific, the Middle East and
the US, where it offers on-exchange limited risk derivatives via
the Nadex brand.
*Based on revenue excluding FX (from published financial
statements, June 2019).
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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