IG Group

IG Group Appoints New Chairman for its Board of Directors

IG GroupIG Group, the UK based retail online trading service provider recently revealed in an announcement that it has made a new addition to its c-level management team.

As per the statement released by the firm, it has hired Mr. Robert Mike McTighe to serve as the new Chairman for its board of directors. However, McTighe’s new role will only come into effect on 03.02.2020 until which the role of chairman of the board will be handled by Mr. Jonathan Moulds as interim Chairman.

Mike is a veteran with four decades of experience under his belt and has served the entirety of his career serving in senior-level management and leadership roles across the various industry-leading public and private firms from a wide range of sectors such as financial services, telecom, healthcare, manufacturing, network data analytics & electronic, etc., 

For the better part of the last two decades, he has held numerous roles in the capacity of non-executive director and chairman at various firms. He is currently serving in the role of Chairman at Openreach, a UK based telecommunication service provider has joined the firm in January of 2017.  Aside from Openreach, he is also serving in the same role for the last decade at two other firms namely – Together & Arran Isle Ltd, which deal in lending and house improvement services respectively.

Over the last two decades, the firms from which he has resigned from but held senior-level management roles include – Gortmullan Holdings Ltd, WYG plc, Ofcom, Nujira Ltd, Betfair Group, Volex Group, and JJB sports plc. Some of the other notable firms in which he has served in his early career phase include – General Electronics Medical Systems, Motorola, Philips Consumer Communications, Corvil, and London Metal Exchange Holdings Ltd. 

Commenting on his new role at IG Group, Robert 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”. Speaking on same note, Mr. Jonathan Moulds – the interim Chairman said, “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” while Mr. Malcolm Le May – Senior Independent Director added, “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”.