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

blockdag

Top 6 Altcoins Under $1: BlockDAG Surges 500%, Followed By SHIB, FLOKI, VeChain, BONK & PEPE

Discover the top 6 altcoins under $1, including SHIB, FLOKI, VET, BONK, PEPE & BlockDAG, which is seeing an incredible boost in its presale momentum.

Retail FX

Italy blocks domains of Vantage, Luno Invest and Crypto Trade

Consob, the Italian securities regulator, has dropped the hammer on yet another number of FX websites it says were illegally promoting trading products in the country. It has contacted Italy’s internet service providers (ISPs), requesting that they block access to all of the sites in question.

Digital Assets

Celsius users consider legal challenge to reorganization plan

A group of creditors from the bankrupt crypto lender Celsius is looking into legal options to challenge the company’s reorganization plan, which they claim unfairly favors certain creditors.

Digital Assets

e-CNY mastermind Yao Qian arrested in corruption probe

The mastermind behind China’s central bank digital currency (CBDC) project is reportedly under scrutiny for suspected “violations of discipline and law,” according to Shanghai Securities News.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary: USD Strength, US PCE, Eurozone April 26 ,2024

US inflation data came in hotter than expected, pressuring the Federal Reserve to potentially raise interest rates and causing the US Dollar to rise against the Euro as the Eurozone faces economic uncertainties.

blockdag

BlockDAG Presale Tops $20.7M! Here’s How to Buy BDAG Coins with USDT and Ethereum for Explosive Gains of 30,000x

Early investors are looking at potentially significant returns in its tenth batch at $0.006 per coin.

Retail FX

Exclusive: Prop firm Funded Engineer faces lawsuit from FPFX

Retail trading tech provider FPFX Technologies, LLC (FPFX Tech), has filed a lawsuit against the prop firm Funded Engineer and its associated operatives for alleged breaches of contract.

Market News, Tech and Fundamental, Technical Analysis

USDJPY Technical Analysis Report 26 April, 2024

USDJPY currency pair can be expected to rise further toward the next resistance level 160.00, target price for the completion of the active impulse sequence (C).

<