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Exclusive: IG Group CEO APAC and Africa Kevin Algeo departs

Gerald Segal 0 Comments February 1, 2024

FNG Exclusive… FNG has learned that longtime IG Group (LON:IGG) executive Kevin Algeo has left the company.

Kevin Algeo had been with IG for more then 10 years, joining in 2013 as Managing Director – South Africa. In 2017 he moved to Melbourne to serve as Deputy CEO – IG Australia & New Zealand, soon after promoted to CEO of the operation. In 2018 he added the responsibility of CEO APAC and Africa for IG, responsible for the Group’s strategy in APAC and Africa which includes the oversight of the offices located in the region.

We had reported exclusively last month that IG Australia’s Commercial Director Matt Davidson was named CEO at IG Australia.

London based IG Group, one of the world’s largest online brokers, recently named former WorldRemit and Paddy Power Betfair CEO Breon Corcoran as CEO of the company.

Gerald Segal

Gerald is the founder of FNG and is one of the most experienced writers covering the online trading sector. Prior to starting FNG, Gerald founded Forex industry B2B news website LeapRate.com in 2010, selling it in 2018 to publicly traded Catena Media plc (STO:CTM). An avid skier, cyclist and ice hockey player, Gerald was previously an investment banker for more than a decade at Bear Stearns, Robertson Stephens, and Merrill Lynch. Gerald holds an MBA from Columbia University in New York and a BCOM degree from the University of Toronto.