Electronic trading major IG Group Holdings plc (LON:IGG) today provided an update on Board Chair succession.

Further to the announcement on 15 September 2025 that Mike McTighe intended to retire as Board Chair, the search for a permanent successor is progressing well. Mike McTighe has agreed to remain in the role until his successor is in place.

Mike McTighe has a wealth of leadership, board and regulatory experience from both public and private companies. He is the Chairman of Openreach Limited and Together Financial Services Limited. He was also appointed to chair the Telegraph Media Group Limited in March 2024 and to chair the Men’s Professional Rugby Board in November 2024.

For over 20 years he has held various non-executive director roles in a range of regulated and unregulated industries whilst also spending eight years on the board of Ofcom and one year on the board of Postcomm.

Mr McTighe has held many chairships over the years, including chairing several UK and US public company boards.

He spent most of his executive career at Cable and Wireless, Philips, Motorola and GE.