GAIN Capital Holdings (NYSE:GAIN) has announced that its Executive Vice President and Chief Financial Officer Jason Emerson is leaving the company to pursue other interests. The firm will replace him with an internal promotion from City Index.
Nigel Rose who held the CFO role at City Index since 2010 has been appointed as Executive Vice President and Chief Financial Officer effective from the beginning of next month. He also currently holds the position of GAIN Capital Group Finance Director.
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Commenting on the announcement, the CEO of GAIN Capital (NYSE:GAIN) Glenn Stevens, said, “Nigel is an executive with strong financial and operational skills and an excellent understanding of our business. His talents and experience will provide able leadership for GAIN’s financial and accounting teams as we work to complete the integration of City Index and execute on our other strategic priorities for growth and enhanced shareholder return.”
“We’d also like to take this opportunity to thank Jason for his contributions to GAIN over the past two years. We wish him the best in his future endeavors,” Mr. Stevens added.
GAIN Capital’s new CFO explained, “With the acquisition of City Index, GAIN has become a truly formidable, global leader in providing trading services for retail and institutional customers. I look forward to helping drive the business into the next chapter of its expansion.”