IG Group (LON: IGG) announced on Friday the appointment of Martin Price as the broker’s Global Head of Strategic Finance and Investor Relations. He will be based out of the broker’s London headquarters and take over the role on 14 March.

IG Hires Martin Price

“The ambition of the management team, and the strategy they have set to grow the business, makes this an exciting time to join IG Group,” said Price. “IG’s track record of successful innovation to grow and diversify makes its equity story a particularly compelling proposition. I look forward to working with my new colleagues to engage the investor base and support its shareholders.”

An Experienced Market Analyst

He brings solid experience to the new role from the mainstream financial industry. Most recently, he was the Senior Vice President of Jefferies’ Equity Research team where he co-led the European Diversified Financials sector coverage.

His other industry roles were also around equity research, as he worked for many companies, including Societe Generale, Credit Suisse, and Bank of America Merrill Lynch.

“Martin brings excellent knowledge of both the diversified financials sector and working with institutional investors through his decades of experience as a financial analyst,” said the Chief Financial Officer of IG, Charlie Rozes. “We look forward to him working closely with our current and prospective investor base and communicating progress on our strategy.”

Activities at IG

In the past few months, IG has witnessed many changes in its executives and department heads. Last December, Michael Logue re-joined the London offices of the broker as the Head of Product and Marketing for Europe after spending a year at tastytrade, which IG acquired for $1 billion in 2021. Additionally, the broker promoted Manuel Barbero to Global Head of Acquisition & Media and appointed Johan Wiese as the Director of its South African entity.

Most recently, the broker witnessed the departure of Ramon Kaur, who was its Global Head of Communications.

Meanwhile, the broker’s revenue for the first half of the financial year 2023 jumped 10 percent to £519.1 million, while the pre-tax profits came in at £240.5 million. Furthermore, it extended its share buyback program with an additional £50 million allocation.