Electronic trading major IG Group Holdings plc (LON:IGG) today announced the appointment of Clifford Abrahams as Chief Financial Officer (CFO) and as an Executive Director.

He will join the Board and take up his role as CFO with effect from 16 December 2024.

Clifford Abrahams is a highly experienced CFO, having overseen the finance function for several significant financial institutions. He joins from Virgin Money UK plc, where he has been Group CFO since 2021. Prior to this, he was Group CFO at ABN AMRO Bank for nearly four years, and before that, Group CFO at Dutch insurer Delta Lloyd Group.

Mr Abrahams spent his early career at Morgan Stanley in the Financial Institutions Group, latterly as Managing Director, before spending ten years at Aviva in various senior finance roles. Clifford has an MBA from Wharton Business School and an MA in Economics from Cambridge University.

Mike McTighe, Chairman, said:

“Following a comprehensive search process, I am pleased to welcome Clifford to the Board as our CFO. He brings extensive international experience and a strong track record of leading high-performing teams.”

Breon Corcoran, Chief Executive Officer, commented:

“I look forward to welcoming Clifford to IG at this important stage in our development. His experience will be invaluable as we enter the next phase of growth.”

Clifford Abrahams, incoming Chief Financial Officer, said:

“I am delighted to be joining IG at such an exciting time. IG has a significant opportunity to take share in large, fragmented markets and I look forward to working with Breon and the team to accelerate the delivery of the growth strategy.”