30th Oct 2018 08:36
LONDON (Alliance News) - Online trading provider IG Group Holdings PLC said on Tuesday it has appointed Non-Executive Director June Felix as chief executive officer with immediate effect.
She was selected for the role through a succession planning process involving external and internal candidates.
Felix's appointment follows the departure of Peter Hetherington in late September, though at that time IG said he would remain with the FTSE 250 constituent until the end of the financial year to help with the handover.
Felix - a non-executive at IG since September 2015 - was previously at payment technology provider Verifone Holdings Inc, where she was president of the Europe division for four years since 2014. Prior to that she was the managing director of Global Enterprise Payments at investment bank Citigroup for four years from 2010 to 2014.
"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," said Chairman Andy Green.
Shares in IG were up 2.6% at 596.00 pence on Tuesday.
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