IG Group has just made an appointment to its senior management team, picking GAIN Capital’s EMEA Head of Compliance Thomas Leyhane to assume the same role with the UK spread betting company.
Mr. Leyhane had served with GAIN Capital, the biggest FX retail broker in the US, for more than two years, having joined the group back in September 2015. Prior to Gain, he worked with the UK financial regulator as lead supervisor in the investment banking division.
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Leyhane will lead IG Group’s compliance team across the Europe, Middle East, and African (EMEA) region, where he will be tasked with ensuring adherence to the relevant rules, regulations and guidelines that the firm is bound by. Given the increasingly global nature of the business and a regulatory landscape that is constantly evolving, this is a greater challenge now than ever before.
IG has undergone several management changes last year. In November, its long-serving UK director Alastair Hine announced his retirement after nearly two decades at the firm. Earlier in July, it appointed Paul Mainwaring as Chief Financial Officer (CFO) Designate, who replaced Mark Ward as was originally planned.
IG has ambitions to expand into new overseas markets. It recently established a US subsidiary and appointed Mr Rupert Simon Toby Osbourne as CEO.