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Screenshot of a breaking news alert e-mail from Q2 2017
Online brokerage leader IG Group Holdings plc (LON:IGG) has filled the hole in its management ranks, created earlier this year when its longtime CFO Christopher Hill left the company to become CFO of investments and pension savings provider Hargreaves Lansdown PLC (LON:HL).
Following Mr. Hill’s departure IG had hired Deloitte partner (and head of Deloitte’s Investment Management & Wealth Group) Mark Ward as interim CFO, as Deloitte agreed to second Mr.ward to IG until a permanent replacement was found.
Well it turns out that the permanent replacement is Paul Mainwaring, who will formally take up his new role at IG next week, on July 11. Once regulatory approval is received, Mr. Mainwaring will also join the Board of IG.
Paul Mainwaring began his career as a chartered accountant with Price Waterhouse, and most recently was CFO of interdealer broker Tullett Prebon Plc (LON:TLPR).
Andy Green, Chairman of IG, said:
After an extremely thorough search process, we are very pleased to have secured someone of Paul’s standing. His knowledge of the financial services sector and experience in several public companies means he can hit the ground running and immediately add to the operational and strategic progress at IG.