IG Group Appoints Mark Evans as Head of Corporate Development

Wednesday, 17/04/2024 | 13:46 GMT by Jared Kirui

Previously, Evans served as the Head of Consumer Insight and Strategy at the group.

He joined IG Group in 2015 as the Financial Planning and Analysis Manager.

IG Group has appointed Mark Evans as the Head of Corporate Development. Evans has served as the Head of Consumer Insights and Strategy at the London-based forex and CFD trading firm for more than six years. Previously, he held the role of Financial Planning and Analysis Manager at the Group.

Career Journey through Notable Brands

According to his LinkedIn profile, Evans has worked for notable brands, such as Barclays Bank and BDO UK LLP. At Barclays, the London Business School alumnus was the Manager for Group Centre Finance before joining Barclaycard as the Vice President in 2012. At BDO UK, he dedicated four years to the role of Senior Business Adviser.

Last month, IG Group announced significant changes in its top management, appointing Jody Dunn as the Chief Operating Officer (COO) and Sarah Gore Langton as the Chief Risk Officer (CRO). Dunn's appointment as COO marked a culmination of her 21-year tenure at IG Group where she has steadily risen through the ranks since joining as a Sales Trader in 2002, Finance Magnates reported.

Langton's elevation to the role of CRO followed her notable contributions since joining IG Group in 2015. Having previously served as the Chief Compliance Officer, Langton brings a wealth of experience from her time at BlackRock.

Charlie Rozes, IG Group's Chief Financial Officer, and Jon Noble, the Chief Operating Officer, stepped down from their roles in March. Their exit converged with the release of the group's Q3 FY24 financial results, which highlighted a stable revenue.

Leadership Changes at IG Group

Rozes, who joined IG in 2020, played a pivotal role not only as the CFO but also as interim CEO during a significant period of transition. On the other hand, Noble had been a longstanding figure within IG, having joined the company in 2020 and serving on the board since 2018. Their departures coincided with Breon Corcoran's appointment as CEO earlier this year.

Commenting on the resignations, Corcoran acknowledged the substantial contributions made by Rozes and Noble to IG's growth and development and wished them success in their future endeavors. This departure added to a series of recent exits from IG, some of which were part of the company's workforce reduction strategy.

In its financial report for Q3 FY24, IG Group reported a total revenue of £240.1 million. While this marked a modest 4.5 percent increase quarter-over-quarter, it was almost identical to the figures from the corresponding quarter of the previous fiscal year.