11 August, AtoZForex.com, Lagos – IG group, which describes itself as a global leader in online trading, providing fast and flexible access to over 10,000 financial markets - including shares, indices, forex, commodities and binaries. The firm also boasts of offices across Europe, Africa, Asia-Pacific, the Middle East and the US.
In a recently released statement, the firm confirmed that Chris Hill, Chief Financial Officer, has informed the Board of his intention to leave IG. This decision was prompted by a new offer, as he will be taking up the role of Chief Financial Officer at Hargreaves Lansdown plc. However, Mr Chris is expected to continue in his current role until the end of his notice period and leave IG in February 2016.
As the CFO of IG leaves, Chris Hill commented on his future career: "I will be sorry to leave such a great business, but I am excited about the opportunity presented by Hargreaves Lansdown, an established FTSE 100 company. I know, I will be leaving IG in robust health, with a talented leadership team and a range of initiatives which should drive growth into the future".
From IG's Board, Andy Green, the Chairman of IG has expressed his thoughts on the sadden news: "We are disappointed to lose Chris, but we understand his decision. Chris has provided great service to IG over the last four years and has played an important role as part of a leadership team that has set out a clear strategic vision for IG. I have no doubt that Chris will be an asset to his future employer and I wish him the very best of luck with his new role."
Notwithstanding, the Board of IG has immediately started with a thorough search process for the successor of Chris Hill, taking into consideration every qualified candidate both internal and external. Meanwhile, Chris Hill is required to proceed with his current role, in order to ensure an orderly handover of responsibilities to his successor.
IG is an established member of the FTSE 250, with a market capitalisation of AU $3.96 billion, and net global trading revenue of more than AU $666 million. The firm also recently finalised a major alliance with Melbourne Football Club on a two year deal. Melbourne Football Club is an Australian club purported to be the oldest professional football club in the world. The new partnership is contracted to last over a two year span, with IG’s logo permanently featured on the coaches’ apparel and media assets lasting from now till the end of 2016.