IG Group appoints Rakesh Bhasin as non-exec director

Maria Nikolova

Mr Bhasin has also been appointed as a member of the Environmental, Social and Governance Committee of the Board.

London

Electronic trading major IG Group Holdings plc (LON:IGG) today announces that Rakesh Bhasin was appointed on July 6, 2020 as a Non-Executive Director of the Company. He has also been appointed as a member of the Environmental, Social and Governance (ESG) Committee of the Board.

Rakesh Bhasin is an experienced Non-Executive Director with significant global experience across multiple sectors. He is a Non-Executive Director for a portfolio of companies in multiple sectors and is also Chairman of CMC Networks, a Carlyle Group investment company based in Africa, focused on providing telecommunications services across Africa and the Middle East.

In his executive career, Mr Bhasin was the CEO and a member of the Board of Colt Technology Services, a Fidelity owned company providing network, voice, and data centre services globally. He was appointed into the role of CEO in December 2006 and completed his tenure at the end of 2015, concluding his secondment from Fidelity. Concurrently, he was Non-Executive Chairman of KVH, an Asian based technology company with headquarters in Tokyo and operations in Hong Kong, Seoul and Singapore, and Non-Executive Chairman of Market Prizm, a financial services focused technology company.

Rakesh Bhasin has also previously held senior positions within AT&T, including Head of AT&T Asia Pacific’s managed network services business and President, AT&T Japan Ltd. He was also formerly Senior Managing Director of Japan Telecom Company Limited.

Rakesh Bhasin has a BSc, degree in Electrical Engineering from George Washington University.

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