Board of Directors

Jonathan Davie (Non-Executive Chairman)

Jonathan qualified as a Chartered Accountant. He joined George M. Hill and Co, a jobber on the London Stock Exchange in 1969. The firm was acquired by Wedd Durlacher Mordaunt and Co where Jonathan became a partner in 1975. Jonathan was the senior dealing partner of the firm on its acquisition by Barclays Bank to form BZW in 1986. Jonathan developed BZW’s Fixed Income business prior to becoming CEO of the Global Equities Business in 1991. In 1996 Jonathan became Deputy Chairman of BZW and then Vice Chairman of Credit Suisse First Boston in 1998 on their acquisition of most of BZW’s businesses. Jonathan is presently a nonexecutive director of Persimmon plc and Infrastrata plc and Chairman of First Avenue Partners, an alternatives advisory boutique.

Tim Howkins (Chief Executive)

Tim has a first class degree in Mathematics and Computer Science from Reading. He qualified as a Chartered Accountant with Ernst & Young and is also a member of the Chartered Institute of Taxation. Tim was one of a group of partners and staff who left Ernst & Young in 1990 to form Rees Pollock, a firm of chartered accountants targeted at entrepreneurial, owner-managed businesses. Tim was a partner in Rees Pollock for seven years and was the partner responsible for the Group’s audit. He then joined IG Group as Finance Director in 1999, and became Chief Executive in 2006. During the year, Tim was appointed as a Board Member of the Futures and Options Association.

Peter Hetherington (Chief Operating Officer)

Chief Operating Officer, Peter read Economics at Nottingham University and has a Masters in Finance from the London Business School. Peter was an officer in the Royal Navy before joining IG Index, as a graduate trainee, in 1994. He became head of financial dealing in 1999 and was appointed a director of IG Group in 2002, since when he has performed the role of Chief Operating Officer.

Christopher Hill (Chief Financial Officer)

Christopher has an MA in Modern History from Oxford University. He is a Chartered Accountant and member of the Association of Corporate Treasurers. Before joining IG, he was Chief Financial Officer of Travelex, a group providing cross-border payment and foreign exchange services to corporate and individual clients. Chris joined Travelex in 2007. Prior to this he worked at VWR international, a US-based global laboratory supply company (from 2005 to 2007), and at General Electric (2000 to 2005).

Andrew MacKay (Head of Asia Pacific)

Andrew has a Masters in History from St Andrews University and completed the Law Society Finals examination at the College of Law in London. He qualified as a lawyer with Linklaters and worked there for seven years, principally in the litigation and financial services practices. In 1998, Andrew moved to LIFFE as market investigations manager before joining the IG Group as Legal Counsel in March 1999. Andrew was appointed a director of IG Group in 2003. Following the Group’s acquisition of FXOnline in October 2008, Andrew moved to Tokyo to assume the role of Head of Asia Pacific.

Nat le Roux (Non-Executive Deputy Chairman)

Nat was Chief Executive of IG Group for four years before becoming Non-Executive Deputy Chairman in 2006. He initially joined the group as Financial Dealing Director in 1992 after a career in futures broking and stock broking. Nat holds an MA in Law from Cambridge University and an MSc in Anthropology from University College London. He is an independent director of the London Metal Exchange.

Roger Yates (Senior Independent Non-Executive Director)

Roger joined the board as non-executive and Senior Independent Director in February 2006. Roger read Modern History at Worcester College Oxford, and has 28 years’ experience in the fund management industry as an investment professional and business manager. Previously he was Chief Investment Officer of Invesco Global and held senior roles for fund management companies LGT and Morgan Grenfell. He joined Henderson Global Investors as Chief Executive in 1999, and in 2003 led the de-merger of Henderson from its then parent AMP, becoming Chief Executive of the resulting listed entity, now Henderson Group plc, until November 2008. In June 2009, he also became a non-executive director of F&C Asset Management plc, and laterly, CEO of Pioneer Investments, a part of the UniCredit Group.

David Currie (Non-Executive Director)

David Currie (Lord Currie of Marylebone) was the founding Chairman of Ofcom, where he served from 2002 to 2009. He was also previously a non-executive director of Abbey National plc from 2001 to 2002; a founder and Chairman of the International Centre of Financial Regulation and Chairman of Independent Audit from 2003 until 2007. Between 2001 and 2007 David was the Dean of Cass Business School. Prior to that, at the London Business School, he was Deputy Dean, Professor of Economics, and headed the Centre for Economic Forecasting and the Regulation Initiative. He is currently a non-executive director of Royal Mail Holdings plc, the Dubai Financial Services Authority and the London Philharmonic Orchestra as well as Chairman of Semperium PPP Investment Partners.

Stephen Hill (Non-Executive Director)

Stephen has extensive experience in media and online businesses, having worked as the CEO of the Financial Times for Pearson Plc between 1996 and 2002, and as the CEO of Betfair Limited from 2003-2005. Stephen is an experienced non-executive director. He has served on the boards of RSA Insurance Group plc, Psion plc and Interactive Data Corp previously, and is currently serving on the board of Channel Four Television Corporation.

Martin Jackson (Non-Executive Director)

Martin was appointed a non-executive director of IG Group and chairman of the Audit Committee in April 2005. He was the group Finance Director of Friends Provident plc between 2001 and 2003 and Friends Provident Life Office between 1999 and 2001. Prior to that, he was the group Finance Director at London & Manchester Group plc from 1992 to 1998 up to the date of its acquisition by Friends Provident Life Office. He is a non-executive director and chairman of the Audit Committee of Admiral Group plc and is a fellow of the Institute of Chartered Accountants.