The Board of UK online trading leader IG Group Holdings plc (LON:IGG) has just announced that it has appointed Robert Michael (Mike) McTighe as Chairman of the Board. Jonathan Moulds will continue to serve as interim Chairman until 3 February 2020 when Mike McTighe’s appointment takes effect.
Mike McTighe is the Chairman of Openreach Limited, Together Financial Services Limited, and Arran Isle Limited. He spent most of his executive career at Cable and Wireless, Philips, Motorola, and GE. For over 20 years he has held various non-executive director roles in a range of regulated and unregulated industries whilst also spending eight years on the board of Ofcom and one year on the board of Postcomm.
Interim Chairman Jonathan Moulds commented on the news:
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.
Malcolm Le May, Senior Independent Director and Interim Chairman of the Nomination Committee, who led the search for the new Chairperson said:
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.
Mike McTighe also shared his thoughts:
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.