Robert Michael McTighe commences his role as Chairman of IG Group

Maria Nikolova

Jonathan Moulds steps down as Interim Chairman with immediate effect.

In line with earlier reports, online trading major IG Group Holdings plc (LON:IGG) has just confirmed that Robert Michael (Mike) McTighe commences his role as Chairman of the company today. Also, the Board of the Company has agreed to appoint Mike McTighe as Chairman of the Nomination Committee and as a member of the Remuneration Committee with immediate effect.

Mike McTighe 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.

Mike McTighe 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. Mike McTighe has held a number of chairmanships over the years including chairing several public company boards.

Mike McTighe was a Director of WYG PLC until 21 September 2017 and of IGAS Energy PLC until 10 October 2019.

He has a BSc (Hons) Degree in Electrical and Electronic Engineering from University College London (UCL).

Jonathan Moulds, who has been acting as Interim Chairman of the Company since the AGM in September 2019, steps down as Interim Chairman with immediate effect. He continues as a Non-Executive Director of the company and Chairman of the Board Risk Committee.

Read this next

Chainwire

Zircuit Staking Soars Past $2B TVL In Only 2 Months

Zircuit, a ZK rollup with parallelized circuits and AI-enabled security, today announced that its staking program has soared past $2B in TVL in only 2 months. 

Retail FX

PrimeXBT joins Financial Commission’s membership roster

The Financial Commission, an independent external dispute resolution (EDR) body, today announced the addition of cryptocurrency trading firm PrimeXBT as its latest member effective March 6, 2024.

Digital Assets

Ripple wants to reduce SEC’s $2 billion penalty to $10 million

Ripple Labs has responded to the U.S. Securities and Exchange Commission’s (SEC) recent demand for $2 billion in penalties, arguing that the amount should be substantially reduced to $10 million. The legal stance was disclosed in a court document filed late Monday.

blockdag

Analysts Go Bullish On BlockDAG After Its Surge to $0.005 And Unique Developer Platform That Goes Beyond Ethereum & BONK

Discover how BlockDAG’s unique low-code and no-code platforms offer more adaptability than Ethereum’s bull run and BONK’s fluctuating prices.

Tech and Fundamental, Technical Analysis

WTI crude oil Technical Analysis Report 23 April, 2024

WTI crude oil can be expected to rise further toward the next major resistance level 86.00, which has been reversing the price from October.

Digital Assets

Binance Debuts Spot Copy Trading Feature in Its Expanding Automated Trading Portfolio

Explore Binance’s latest innovation in trading technology with the rollout of Spot Copy Trading, now available within their comprehensive automated trading toolkit.

Financewire

Changelly launches Probably Serious Quiz introducing 0% fee swaps of USDt on TON and Toncoin

Changelly, a global crypto exchange, lists USDt on TON, a newly launched stablecoin created in the wake of a strategic collaboration between Tether and The Open Network.

Digital Assets

Crypto.com’s South Korea launch hits a snag over AML probe

Crypto.com has postponed a planned launch in South Korea following a report by the local news outlet Segye Ilbo, which stated that the exchange platform was undergoing an “urgent on-site inspection” due to concerns over money laundering.

Market News

Germany’s DAX 40 Index: Defying Economic Gravity

Amidst a backdrop of pervasive pessimism regarding Germany’s economic outlook, the DAX 40 Index (Germany 40 Mini at FXOpen) has emerged as a beacon of resilience and strength in the European financial landscape.

<