IG Group Names New Chief Operating Officer and Chief Risk Officer

IG Group has filled its recently vacant position of Chief Operating Officer with the appointment of Jody Dunn, who was promoted from her previous role of Chief Risk Officer. The London-listed broker promoted Sarah Gore Langton, previously the Chief Compliance Officer, to the role of Chief Risk Officer.

“Both are long-standing employees who have played pivotal roles in helping to build the high-quality reputation IG has become known for,” IG Group wrote in a LinkedIn post. “We are pleased to be able to recognize the deep pools of talent at IG and the further progression of women in our business.”

The broker did not specify if Langton would continue as the Compliance Officer or if it would announce another name to fill the role.

Top Management Shuffle

The shuffle in the top management of IG occurred as Jon Noble recently stepped down from his role as Chief Operating Officer. Charlie Rozes also resigned from the role of Chief Financial Officer; however, the broker is still looking for a replacement.

Dunn spent the last 21 years at IG: she joined the London-headquartered broker as a Sales Trader in 2002 and climbed the corporate ladder over the years, now becoming the Chief Operating Officer.

Langton joined IG in 2015 as a Compliance Manager for EMEA and the UK and was later promoted to Chief Compliance Officer. Before joining IG, she spent over five years at Blackrock, separating as the EMEA Head of Marketing and Distribution Compliance.

A New Leadership in Place

Founded in 1974, IG Group is one of the top names when it comes to retail forex and contracts for differences brokers. It ended the third quarter of the fiscal year 2024 with a total revenue of £240.1 million, a quarter-over-quarter increase of 4.5 percent but almost identical to the figures of the corresponding quarter of the previous fiscal year.

Meanwhile, the broker decided to reduce 10 percent of its workforce last year in an attempt to save £50 million per year. As Finance Magnates reported earlier, multiple executives became the target of the staff reduction drive.

Earlier this year, Breon Corcoran took charge of the broker as the CEO. He replaced June Felix, who stepped down last August after months of absence due to health issues.