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RNS Number : 0087V IG Group Holdings plc 03 March 2026
3 March 2026
LEI No: 2138003A5Q1M7ANOUD76
IG GROUP HOLDINGS PLC
Appointment of Board Chair
IG Group Holdings plc ("IG", "the Group") is pleased to announce the
appointment of Andrew Barron as Board Chair Designate and Non-Executive
Director of the Group, with immediate effect. Andrew will formally assume the
role of Board Chair upon receipt of the necessary regulatory approvals.
Andrew succeeds Mike McTighe, who has served as Chair for more than six years,
during which time the business has grown considerably in both scale and
diversification. Mike will remain as Chair until the necessary regulatory
approvals have been obtained to ensure an orderly transition, at which time he
will step down from the Board.
Andrew is an experienced board leader and operator with a proven record of
value creation. His 25-year operating career was primarily in the technology,
media and telecommunications sectors, latterly as Chief Operating Officer of
Virgin Media.
Jonathan Moulds, Senior Independent Director, who led the succession process,
commented: "On behalf of the Board, I would like to thank Mike for his
significant contribution as Chair over the past six years. I am delighted to
welcome Andrew, whose deep experience of leading technology businesses through
periods of growth and transformation makes him an excellent choice to chair
IG."
Andrew Barron commented: "I am delighted to have been appointed as Board Chair
Designate and as a Non-Executive Director of IG at such an exciting time for
the business. IG has established an attractive position in global financial
technology and the potential to drive further growth and transformation is
significant."
There are no other matters requiring disclosure under Rule 6.4.8R of the
Listing Rules.
Background on Andrew Barron
Andrew Barron has over 35 years of operating and board experience, primarily
in the technology, media and telecommunications sectors. His executive career
includes Chief Operating Officer of Virgin Media (2008 - 2013), Chief
Operating Officer of Modern Times Group (2003 - 2008) and senior roles at UPC
and The Walt Disney Company. He began his career at McKinsey & Company.
He currently holds the following positions:
· Non-Executive Director at Openreach (since 2020)
· Non-Executive Director at Verisure (since 2020)
· Senior Operating Partner at Stonepeak Infrastructure Partners (since
2020), representing Stonepeak on the boards of Delta Fiber and Astound
Previous board appointments include:
· Deputy Chair/Chair of Tele2 (2018 - 2024)
· Chair of Comhem (2013 - 2018)
· Co-Founder of the special purpose acquisition company, Ocelot, and
Non-Executive Director of Ocean Outdoor (2017 - 2022)
· Chair of Primacom (2014 - 2015)
Andrew holds an MBA from Stanford University and a BA from the University of
Cambridge.
Enquiries
IG Group Investor Relations
Martin Price
020 7573 0020
investors@iggroup.com (mailto:investors@iggroup.com)
Media
Sodali & Co
020 7100 6451
iggroup@client.sodali.com (mailto:iggroup@client.sodali.com)
About IG
IG Group (LSEG:IGG)
(https://eur01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.iggroup.com%2F&data=05%7C01%7CSimon.Wright%40ig.com%7Cfa58780cb4c445598c5a08da3f12df38%7C4b4cca9cedaf42f38e219070c5d9d76b%7C0%7C0%7C637891647530086156%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=ZopP0pt%2Bpil6u7sT7JRD8OjvetOm4sSxJJ%2FDPRvXU2A%3D&reserved=0)
provides online trading platforms and educational resources to empower
ambitious customers around the globe. Headquartered in the UK, IG Group is a
FTSE 250 company that offers customers access to over 21,000 financial markets
worldwide.
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