IG Group (LON:IGG) mainstay and longtime treasurer, David Russell, has parted ways with the firm to join Sigma Trading, where he will serve as its newest Head of Risk.
This is the second high profile personnel move at IG Group in as many months, its Group Executive and ex-President and Chief Executive Officer (CEO), Arman Tahmassebi, parted ways with the company, landing at London Capital Group (LCG).
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In his new role as the head of risk at Sigma Trading, Mr. Russell will be heading the company’s risk management. He joins Sigma Trading after a highly decorated career, including most recently an eight-year stint at IG Group, having served as treasurer since 2007.
Prior to IG Group, Mr. Russell also worked in a number of similar senior roles at Global Trader Europe Ltd, LCH.Clearnet, Refco, GNI Limited, and Coopers & Lybrand, dating back to 1991, according to information on his Linkedin profile.