By Staff Writer
Mike McTighe to step down as IG Group Chairman by the end of 2025 after more than 5 years in the role.
During his tenure, McTighe oversaw strategic expansion and diversification, strengthening IG’s position as a global trading platform.
IG Group has announced that Mike McTighe, who has chaired the online trading and investments firm since February 2020, will step down as Chairman by the end of 2025. The move comes after more than five years at the helm, a period during which IG strengthened its position as a leading global trading platform and pushed into new strategic areas.
McTighe said the timing felt right to pass the baton.
“It has been a great honour and privilege to lead the Board over the past five years. I am grateful for the trust and support I have received from colleagues. With solid foundations laid for stronger growth, I am confident that under Breon Corcoran’s leadership, IG will go from strength to strength.”
To ensure a smooth handover, McTighe will stand for re-election at IG’s Annual General Meeting on 17 September 2025, providing continuity during the succession process. IG has confirmed that the search for his replacement is already in progress.
Jonathan Moulds, Senior Independent Non-Executive Director, paid tribute to McTighe’s time as Chairman.
“On behalf of the Board and all our colleagues at IG, I want to thank Mike for his guidance and leadership over the past five years.”
Beyond IG, McTighe has built a reputation as one of the UK’s most seasoned boardroom figures. He currently chairs Openreach Limited and Together Financial Services Limited, and in 2024 took on new roles as Chairman of the Telegraph Media Group Limited and the Men’s Professional Rugby Board.
Over the last two decades, McTighe has held a wide range of non-executive director positions across both regulated and unregulated industries. He also spent eight years on the board of Ofcom and a year on the board of Postcomm, giving him extensive regulatory experience to complement his corporate leadership roles.
McTighe’s departure will mark the end of a chapter for IG Group. Under his leadership, the company has expanded its product offering, diversified its business, and laid the groundwork for future growth.
With CEO Breon Corcoran now steering the firm, the focus will be on finding a new Chairman to continue building on that momentum.
