IG Group Appoints Andrew Barron as Board Chair to Succeed Mike McTighe

IG Group Holdings plc has officially appointed Andrew Barron as its new Board Chair Designate and Non-Executive Director. Barron will succeed Mike McTighe, who is stepping down from the role after serving his tenure. This transition concludes a formal search process for the company's next board leader.

TL;DR

Andrew Barron appointed as Board Chair Designate.
Barron replaces outgoing Chair Mike McTighe.
The appointment is effective as of March 2026.
Ensures leadership continuity for the global fintech firm.

What Happened

IG Group Holdings plc announced the appointment of Andrew Barron as Chair Designate on March 4, 2026. Barron joins the board as a Non-Executive Director immediately and will formally take over the Chair position from Mike McTighe. McTighe previously announced his intention to step down following a transition period. The selection follows a global search conducted by the board's nomination committee to identify a successor with extensive experience in regulated financial markets and digital transformation.

Key Developments

Andrew Barron brings professional experience from previous roles at companies such as Com Hem and Arris International. Mike McTighe’s departure marks the end of a multi-year leadership cycle during which IG Group expanded its international footprint. The board confirmed that Barron satisfied all regulatory requirements for the position. This appointment completes the executive leadership team following the earlier appointment of Breon Corcoran as CEO.

Why This Matters

This change in leadership provides IG Group with a permanent Chair after a period of planned transition. The appointment is significant for shareholders as the company continues its diversification into new markets and asset classes. Having a stable board leadership is a regulatory requirement for a listed entity of its size on the London Stock Exchange.

What Happens Next

Andrew Barron will officially assume all responsibilities of the Chairmanship following a brief handover period. Mike McTighe will remain available to ensure a smooth transition of duties before his final departure. The company is expected to provide further updates during its next scheduled financial reporting cycle.

FAQ

Who is the new Chair of IG Group?

Andrew Barron is the newly appointed Board Chair Designate. He succeeds Mike McTighe, who had previously announced his plan to step down from the board.

When does Andrew Barron start his role at IG Group?

Barron joined the board as a Non-Executive Director and Chair Designate effective March 2026. He will take over the full Chair responsibilities following the handover.

What is Andrew Barron's professional background?

Andrew Barron has served in various leadership and board positions at firms including Com Hem, Arris, and Virgin Media. He has extensive experience in digital consumer services and technology-driven industries.

Why did Mike McTighe leave IG Group?

Mike McTighe is stepping down as part of a planned leadership succession process. He served as Chair for several years and remained in the role until a suitable successor was identified.