Trading platform IG’s first female chief executive poised to take over group
Trading and investment company IG Group has appointed its first female chief executive in the firm’s 44-year history.
June Felix, a veteran of Verifone, Citibank and IBM, joins IG's executive team after a little over three years on its board.
The group has been looking for a new chief executive since September when long-time boss Peter Hetherington announced his departure.
Shares dropped 11 per cent on the news that Hetherington was leaving the job in a climate where regulators were clamping down on spread-betting.
IG Chairman Andy Green said: “The board is delighted to appoint June Felix as CEO of the group. She brings to the role over 25 years’ experience in both the finance and digital technology sectors, and she has a deep understanding of our business.
“June has a strong track record in strategy and product innovation and has successfully developed businesses of varying scales in the USA, Asia and Europe. Her broad experience makes her ideally suited to take IG forward.”
June Felix said: “The group’s business is well positioned to continue to successfully navigate the impact of regulatory change and I am excited about working closely with the highly experienced executive team at IG in the continued delivery of that programme.
“Drawing on my experience of financial services firms globally, I look forward to leading the evolution of the group’s strategy to deliver sustainable growth and attractive shareholder returns.”
Shares rose around two per cent to 586p on the news of Felix’s appointment this morning.