IG Group poaches Clifford Abrahams from acquired Virgin Money for CFO

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IG Group Holdings PLC on Wednesday said it hired Clifford Abrahams to be chief financial officer, as Virgin Money UK PLC also announced he will depart.

Abrahams will join the London-based contracts-for-difference trading platform on December 16, a day after leaving Newcastle, England-based lender Virgin Money UK, which was acquired by Nationwide Building Society in a deal worth around £2.9 billion at the start of the month.

Abrahams has been CFO of Virgin Money UK since 2021 and previously was CFO of ABN Amro Bank NV and insurer Delta Lloyd Group.

Meanwhile, Gergely Zaborszky will become CFO at Virgin Money UK after Abraham’s departure. Zaborszky currently is head of financial planning & analysis and capital management at Virgin Money.

IG Group shares were 0.2% lower at 893.50 pence each on Wednesday morning in London.

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