The UK-based provider of online trading in derivatives, CFD and spread betting firm, IG Group has announced the appointment of June Felix as Chief Executive Officer (CEO) of the Group and Executive Director on the Board of IG with immediate effect.
June Felix is replacing Peter Hetherington as CEO who stepped down from the position last month. The appointment was following extensive search and succession planning process that included both external and internal candidates supported by Russell Reynolds and Korn Ferry. June Felix is not new to IG Group as she has served as a non-executive director of the Group since 2015.
June Felix joins IG Group from Verifone, where she was the President of Europe and Russia division until its recent sale. As a president, she was responsible for the operation of the business throughout these territories. Prior to her role in Verifone, she has held various senior executive roles at a large number of MNCs that include Citi, IBM and other leading financial institutes
At Citibank, she was Managing Director of Global Healthcare Citi Enterprise Payments, Global General Manager for the Global Banking and Financial Markets at IBM Corporation. She has also held strategic roles at Booz, Allen & Hamilton, Chase Manhattan Bank and as CEO of Certco.
Andy Green, Chairman of IG, said:
“The Board is delighted to appoint June Felix as CEO of the Group. She brings to the role over 25 years’ experience in both the finance and digital technology sectors, and she has a deep understanding of our business.”
“June has a strong track record in strategy and product innovation and has successfully developed businesses of varying scales in the USA, Asia and Europe. Her broad experience makes her ideally suited to take IG forward.”
June Felix commented:
“I am honored to be asked to lead a business with such tremendous people and technology and with such a strong client-centric culture. The Group’s business is well positioned to continue to successfully navigate the impact of regulatory change and I am excited about working closely with the highly experienced executive team at IG in the continued delivery of that programme.”
“Drawing on my experience of financial services firms globally, I look forward to leading the evolution of the Group’s strategy to deliver sustainable growth and attractive shareholder returns.”