New CFO Appointment

RNS Number : 7373L

IG Group Holdings plc

04 May 2020

 

IG Group Holdings plc

LEI No: 2138003A5Q1M7ANOUD76

4 May 2020

 New CFO Appointment

The Board of IG Group Holdings plc ("IG" or "the Company"), a global leader in online trading, is pleased to announce the appointment of Charlie Rozes as Chief Financial Officer of the Company.  This follows the announcement made on 21 January 2020 of Paul Mainwaring's intention to retire.  Charlie will join IG on 1 June 2020 as an Executive Director and Chief Financial Officer[1], following which there will be a month's handover from Paul before he leaves the Company.

Commenting on the appointment, June Felix, Chief Executive Officer said: "I am thrilled that Charlie is joining the executive team of IG. He brings extensive international experience of leading and working with UK and overseas operations and has successfully driven a number of substantial growth programmes throughout his career. Charlie's UK PLC and executive director experience will further support IG as it continues to grow its sustainable and diversified global business and in achieving its strategic growth ambitions. I would also like to thank Paul for his tremendous contribution to the Company and look forward to continuing to work with him over the next few months as we orchestrate an orderly transition of his responsibilities to Charlie."  

Chairman Mike McTighe commented: "Following a rigorous process, I am delighted that Charlie is joining the Board bringing with him his extensive financial services knowledge and experience and a proven track record of leading high-performing businesses."

Charlie Rozes said "I am very excited to be joining IG at this important time in its history and look forward to working with June Felix and the executive team in their objective of executing the delivery of the Company's global growth strategy." 

Other than as disclosed below, there is no further information to disclose for Charlie Rozes in accordance with Listing Rule 9.6.13R.

Biographical Details

Charlie Rozes has a proven track record of, and accountability for, financial control and reporting, accounting, tax, M&A, investor relations, risk and compliance, and audit, in his UK and international roles.

He is a highly experienced finance leader having held a number of executive director roles in the financial services sector and driving a number of substantial change programmes both in the UK and internationally.

Charlie began his professional career with PricewaterhouseCoopers LLP and became a Partner in 2001 in the US management consulting practice and following that held senior executive roles at IBM and Bank of America.  In 2007, he joined Barclays plc where he was the Chief Financial Officer of Barclays UK Retail and Business Bank and became the Global Head of Investor Relations in September 2011 until August 2015.

He was the Group Finance Director at Jardine Lloyd Thompson plc from September 2015 until April 2019 when it was acquired by Marsh & McLennan Companies Inc. Since then Charlie has played a strong role in the ongoing integration programme to successfully merge these two companies.

Charlie has an undergraduate degree from Tufts University and an MBA from the Southern Methodist University.

For further information, please contact:

IG Group

Liz Scorer  020 7573 0727

Jon Laycock                                        020 7573 0326

[e-mail]

FTI Consulting

Ed Berry                                             020 3727 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 which allows retail, professional and institutional clients to trade 24 hours a day, 7 days a week*. IG is 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.

IG is a member of the FTSE 250, with offices across Europe, including a Swiss bank, Africa, Asia-Pacific, the Middle East and North America. IG Group Holdings plc holds a long-term investment grade credit rating of BBB- with a stable outlook from Fitch Ratings.

*Excluding 10pm Friday (GMT) to 4am Saturday (GMT)

**Based on revenue excluding FX (from published financial statements, June 2019)

 

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[1]Charlie Rozes will also become CFO of IG Index Limited and IG Markets Limited, subject to regulatory approval.

 

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