Fintech company IG Group Holdings appoints Breon Corcoran as new CEO

IG Group Holdings plc, a renowned global fintech company, has announced a significant leadership change with the appointment of Breon Corcoran as its new Chief Executive Officer, effective from 29 January 2024. Corcoran’s appointment, pending regulatory approval, marks the culmination of an extensive global search by the Board to identify the ideal candidate to helm the company.

Breon Corcoran, with his extensive experience in leading multinational fintech companies, is set to bring a wealth of expertise to IG Group. He has held the CEO position at WorldRemit until 2022 and was the CEO of the FTSE 100 company Paddy Power Betfair until 2018. His career started as a derivatives trader at Bankers Trust and JP Morgan, showcasing a strong foundation in financial services and leadership.

Charlie Rozes will continue to serve as the Interim CEO and Group CFO until Corcoran joins the team. Post this transition, Rozes will remain as the Group CFO and a member of the Board. This continuity in leadership ensures a smooth transition and stable governance within the company.

Leadership Shift at IG Group: Breon Corcoran Takes the Helm

IG Group Chair Mike McTighe expressed his pleasure at Breon’s appointment, highlighting his proven track record in leading high-performing teams and delivering results for stakeholders. McTighe is confident in Corcoran’s ability to drive IG Group’s next phase of growth and looks forward to working with him.

In response to his appointment, Breon Corcoran commented on his excitement about joining IG Group, a company he has long admired. He is keen to collaborate with the Board and executives to build on IG Group’s current successes.

IG Group (LSEG:IGG) has been at the forefront of online trading platforms and educational ecosystems, empowering financial freedom for ambitious individuals. For nearly half a century, the company has evolved its technology, risk management, and financial products to cater to the needs of retail and institutional clients.

Operating under brands like IG, tastytrade, IG Prime, Spectrum, and DailyFX, IG Group continues to innovate for the new generation of investors. Headquartered in London and established in 1974, IG Group is a FTSE 250 company, offering access to approximately 19,000 financial markets through its global offices.