IG South Africa’s Continued Commitment to Investment and Growth in South Africa

IG, a global leader in online trading, has had a long commitment to South Africa which is set to increase further. The company  has operated in South Africa for ten years playing a key role in the growth of online trading in this sophisticated and growing market.

IG is committed to robust local governance, and is pleased to announce that Mr. Ndabezinhle Mkhize has recently been appointed as Independent Chairperson to the Board of IG Markets South Africa Limited. Mr Mkhize brings over 20 years of local financial services experience to the Board, and is also joined by two Non-Executive Directors, providing diverse expertise and experience.

Mr Mkhize  joins IG as it embarks on a significant expansion in its operations in Johannesburg – more than 40 new, high-skilled, high-tech jobs are being created, representing a 65% increase in the Johannesburg workforce.

Ndabezinhle has 22 years’ experience in the investment space in South Africa, currently holding the role of Chief Investment Officer at Eskom Pension and Provident Fund. He is 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.  He brings extensive industry knowledge across asset classes and geographies, as well as an asset owner mind-set from his current role.

“I’m delighted to announce the appointment of Mr Mkhize to the Board of our South African business”, said Kevin Algeo, CEO of IG South Africa and Head of the APAC and Africa region. “Mr 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.”

With this move, IG South Africa recommits to recognising the vibrant and exceptional local talent pool of the country, with plans to significantly grow their Johannesburg operations over the next six months – from 62 employees to 105 (subject to regulatory approval).

“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”,  concludes Algeo.


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