Breon Corcoran Named as New CEO of IG Group

December 08, 2023 - IG Group has announced the appointment of Breon Corcoran as Chief Executive Officer, taking over his roll and joining the Group on 29 January 2024. Corcoran will become a member of the IG Group  Board, subject to regulatory approval. IG says that Corcoran's appointment concludes a comprehensive global search process undertaken by the IG Board of Directors.

Charlie Rozes will remain as Interim CEO and Group CFO until Corcoran joins, at which point he will continue as Group CFO and a member of the Board.

Breon Corcoran has extensive experience leading multinational fintech companies and delivering on their growth strategies. He was CEO of payments company WorldRemit until 2022 and CEO of FTSE 100 company Paddy Power Betfair until 2018. He began his career as a derivatives trader at Bankers Trust and JP Morgan.

Mike McTighe, IG Group Chair, said: "I am very pleased to announce Breon's appointment following a comprehensive global search. He is a proven leader of high performing teams within multinational organisations, with an ability to deliver results for all stakeholders. The Board is confident that Breon is the right person to lead IG and deliver the next phase of growth. I look forward to working with him."

Breon Corcoran, commented: "I am delighted to be joining IG Group. It's a business I've long admired. I look forward to working with the Board and executives to build on its current successes."

Corcoran is currently non-executive Chair of Auction Technology Group plc.

At the end of August this year, the company announced that following a short period of medical leave, June Felix agreed with the Board that due to her health situation she would step down from her position as CEO and director of the Company immediately and cease employment with IG Group from 29th September