Chief Executive Appointment

RNS Number : 9755H

IG Group Holdings plc

04 December 2015

 

4 December 2015

IG GROUP HOLDINGS PLC
APPOINTMENT OF CHIEF EXECUTIVE

IG Group ("IG", "the Company"), a global leader in online trading, today announces the appointment of Peter Hetherington as Chief Executive Officer (CEO).  Peter assumed the role of Interim CEO at the AGM in October, following the retirement of Tim Howkins.  Peter was previously Chief Operating Officer and has been a member of the IG Board since 2002.

Andy Green, Chairman of IG said:  "Following an extremely thorough search process, which considered the merits of a number of external candidates, the Board is very pleased to appoint Peter as CEO.  Peter has been central to the development of IG to this point and the Board is confident that Peter is the right person to lead IG and to deliver the next phase of growth."

Peter Hetherington commented:  "I am delighted to take on the role of CEO of IG.  I will be supported by a great team with a clear vision and we will work extremely hard to deliver continued success for all of our stakeholders."

For further information, please contact:

IG Group

Kieran McKinney
Head of Investor Relations 020 7573 0026 [e-mail]

FTI Consulting

Neil Doyle / Ed Berry 020 3727 1141 / 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, from published financial statements, September 2015.

 

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