Appointment of new Director

RNS Number : 6808Y

IG Group Holdings plc

10 September 2015

 

IG Group Holdings plc

10 September 2015

Appointment of new Director

IG Group Holdings plc ("the Company" or "IG"), a global leader in online trading, is pleased to announce the appointment of Malcolm Le May as a Non-Executive Director of the Company with immediate effect. Malcolm will also take up the role of Senior Independent Director and Chairman of the Remuneration Committee.

Malcolm currently holds two non-executive director roles: Provident Financial plc where he is also Senior Independent Director and Remuneration Committee Chair; and Hastings Insurance Services where he is also Remuneration Committee Chair. He is also currently a partner at Opus Corporate Finance LLP and holds advisory roles at Juno Capital LLP, Heidrick & Struggles and Ernst &Young.  In recent times, Malcolm served as Senior Independent Director of Pendragon plc and was a Non-Executive Director and Chairman of the Investment Committee at RSA Insurance Group plc. Prior to this, he held various executive roles at Morgan Grenfell plc, Drexel Burnham Lambert, Barclays de Zoete Wedd Holdings, UBS AG, ING Barings Ltd, Morley Fund Managers (now Aviva Investors), JER Partners Ltd where he was European President and Matrix Securities Limited.

Andy Green, Chairman of IG, commenting on the appointment, said, "I am delighted to welcome Malcolm Le May to the Board of IG.  Malcolm's broad experience and knowledge of the financial services and investment sectors along with his extensive experience on the boards of publicly listed companies will be of immense value as the Company delivers on its strategic initiatives."

There is no other information required to be disclosed under Listing Rule 9.6.13R.

IG Group

Kieran McKinney

Head of Investor Relations 020 7573 0026

FTI Consulting

Ed Berry 020 3727 1046

IG is a global leader in online trading, providing fast and flexible access to over 10,000 financial markets - including shares, indices, forex, commodities and binaries.

Established in 1974 as the world's first financial spread betting firm, IG's aim is to become the default choice for active traders globally. It is an award-winning multi-platform trading company, the world's No.1 provider of CFDs* and a global leader in forex, and it now offers an execution-only stockbroking service in the UK, Ireland, Germany, Austria and The Netherlands.

It is a member of the FTSE 250, with offices across Europe, Africa, Asia-Pacific, the Middle East and the US, where it offers limited risk derivatives contracts via the Nadex brand.

*Based on revenue excluding FX, published financial statements, July 2014.

 

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