IG Group CFO appointed acting CEO as June Felix takes “medical leave”

abdelaziz Fathi

Spread betting and CFDs broker IG Group plc announced that its long-serving CEO, June Felix, will be taking a short medical leave from the business.

During her absence, Charlie Rozes, the company’s chief financial officer, will assume the role of acting CEO and will handle the day-to-day responsibilities in addition to his current position.

June Felix told shareholders on Monday morning that she is temporarily stepping down to take “medical leave” for a “short period”.

IG Group said the decision to appoint Rozes as acting CEO is aimed at ensuring continuity in the execution of the company’s strategy. June Felix has been with IG Group for nearly five years, initially joining as a non-executive director before taking over the broker’s CEO.

Charlie Rozes has an extensive background in the financial industry. He began his professional career at PricewaterhouseCoopers LLP and later became a Partner with the firm in 2001. Throughout his career, he has held various senior executive roles, including positions at IBM and Bank of America.

In 2007, Rozes joined Barclays plc as the CFO of Barclays UK Retail and Business Bank. He then served as the Global Head of Investor Relations from September 2011 to August 2015.

Following his tenure at Barclays, Rozes joined Jardine Lloyd Thompson plc as the Group Finance Director. He held this position until April 2019 when Jardine Lloyd Thompson was acquired by Marsh & McLennan Companies Inc.

Felix’s lengthy career

Felix’s career spans over three decades, during which she has held leadership roles at prominent organizations such as Citigroup, IBM, and McKinsey & Company. She has a diverse background and has worked in different sectors of the financial industry, including banking, payments, and technology.

She has received several accolades, including being listed in the “Powerlist 100” by Powerful Media and named as one of the “100 Most Influential Women” by Cranfield University.

With her extensive industry knowledge, leadership skills, and dedication to driving innovation, June Felix played a significant role in shaping the success and growth of IG Group during her tenure as CEO. She was appointed as CEO of IG Group in October 2018. Prior to becoming CEO, Felix served as a non-executive director of IG Group starting from September 2015.

IG Group has recently its share buyback program by £50 million. The extension, in addition to the broker’s previous 150-million-pound buybacks, takes the total size of the program up to £200 million. The third tranche follows a previous £50 million special buyback program announced in January. In July 2022, IG commenced its buyback program of up to £150 million.

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