Clifford Abrahams has been appointed as the new Chief Financial Officer of IG Group Holdings PLC, starting on December 16, 2024.

Abrahams is currently the CFO of Virgin Money UK and will be taking on this new role during a crucial time as Virgin Money is being acquired by Nationwide Building Society.

Abrahams has a strong background in the financial sector, having held important positions at ABN Amro Bank NV and Delta Lloyd Group. He has also made significant contributions to Virgin Money's financial operations since joining in 2021. Abrahams' experience includes working at Aviva and Morgan Stanley as well.

This appointment is part of IG Group's strategy to strengthen its financial management as it expands its services and introduces new solutions in the digital trading market.

Gergely Zaborszky, currently the head of financial planning at Virgin Money, will take over as CFO after Abrahams' departure.