IG Group Names Andrew Barron as Chair Designate, Mike McTighe to Step Down After Transition

London-listed broker IG Group has appointed Andrew Barron as Board Chair Designate and Non-Executive Director, bringing an end to its extended search for a successor to long-serving Chair Mike McTighe.

Barron’s appointment takes effect immediately, although he will formally assume the role of Chair once regulatory approvals are secured. McTighe, who has led the Board since February 2020, will remain in position until the transition is completed.

McTighe had announced in September 2025 that he intended to retire by year-end. However, IG was unable to finalise a replacement within that timeframe, extending his tenure until a successor was confirmed.

Barron joins from outside the trading industry, bringing more than 35 years of experience across technology, media, and telecommunications. His executive career included roles as Chief Operating Officer of Virgin Media and Modern Times Group, as well as earlier positions at UPC, The Walt Disney Company, and McKinsey & Company.

He currently serves as Non-Executive Director at Openreach and Verisure, and as Senior Operating Partner at Stonepeak Infrastructure Partners. His previous board roles include Chair of Tele2 and Comhem.

The leadership change comes as IG prepares for a likely move into the FTSE 100 and continues expanding into crypto markets and broader financial technology offerings.

Barron said he was joining IG “at such an exciting time for the business,” highlighting further growth and transformation opportunities ahead.