Paul Mainwaring to step down from exec roles at IG

Maria Nikolova

Paul Mainwaring, IG’s Chief Financial Officer, has informed the Board of his intention to retire.

Electronic trading major IG Group Holdings plc (LON:IGG) has just unveiled Board changes, as Paul Mainwaring, Chief Financial Officer, has informed the Board of his intention to retire.

Paul Mainwaring

Later this year Mr Mainwaring will have completed 20 years as a UK plc Finance Director, and he has informed the Board that he feels it is appropriate to announce his plans to step down from executive roles as he approaches this milestone.

The company has launched a process to identify a successor with the assistance of an external search firm. Mr Mainwaring will continue in his role as Chief Financial Officer and as an Executive Director of the company to ensure an orderly transition.

Paul Mainwaring joined IG from Tullett Prebon plc, where he served as Finance Director from 2006 to 2016. Prior to this, he was Group Finance Director of Mowlem plc and TDG plc. Between 1993-2000, he held various financial roles at Caradon plc, including three years as Finance Director of MK Electric. He qualified as a chartered accountant with Price Waterhouse in 1987, and obtained an MBA from Cranfield School of Management in 1991.

Speaking of management changes at IG Group, let’s note the recent announcement about the appointment of Robert Michael (Mike) McTighe as Chairman of the Board. Mike McTighe (age 66) brings to IG a wealth of leadership, board and regulatory experience from both public and private companies. He is the Chairman of Openreach Limited, Together Financial Services Limited, and Arran Isle Limited.

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