IG, a global firm based in London that specializes in online derivatives trading, has appointed Ndabezinhle Mkhize as an independent chairman of IG Markets South Africa.
The company said Mkhize brings over 20 years of local financial services experience to the board.
The company ahs been operating in the country for more than 10 years.
Mkhize joins IG as it embarks on a significant expansion in its operations in Johannesburg. The company is creating more than 40 new, high-skilled, high-tech jobs, representing a 65% increase in the Johannesburg workforce.
Mkhize is the Chief Investment Officer at Eskom Pension and Provident Fund.
Also an independent non-executive director of JSE-listed Fairvest Property Fund, where he serves as chairman of the Audit & Risk Committee. He is also chairman of the Asset Owners Forum South Africa.
IG said Mkhize brings extensive industry knowledge across asset classes and geographies, as well as an asset owner mind-set from his current role. “I’
“Mkhize, as our incoming Chairman, has deep knowledge of the financial services environment across the region and will bring robust local governance, oversight and expertise to our South African operations.,” said said Kevin Algeo, CEO of IG South Africa and Head of the APAC and Africa region.
“We will be recruiting for a wide range of roles, including marketers and marketing technologists, web designers, content writers and other creatives. This marks an incredibly exciting time for IG South Africa
IG,which is listed on the London Stock Exchange (LSE), is a global business with offices in 17 countries across Europe, Asia, the Middle East, Africa, Australia, and the USA. IG serves over 200,000 clients globally and employs over 2,000 people.
IG is currently midway through a three year growth strategy to become a more global, sustainable and diversified business.