– UK, London – CMC Markets Plc (LSE:CMCX), a leading global provider of retail CFD trading, today announces that Sarah Ing will join the Board as a Non-Executive Director, subject to FCA approval. Sarah has 30 years’ experience in accountancy, investment banking and fund management, including time with HSBC and UBS. She is a Chartered Accountant and was a top-rated equity research analyst covering the general financials sector. She also founded and ran a hedge fund investment management business. A further announcement will be made in due course once the FCA approval process has concluded and her date of appointment is confirmed.
Malcolm McCaig, Non-Executive Director, has tendered his resignation from the Board. It will take effect from the conclusion of the Annual General Meeting on 27 July 2017 and, accordingly, Mr McCaig will not be standing for re-election.
CMC are also proposing to appoint a further Non-Executive Director to the Board and a recruitment process is currently underway.
Simon Waugh, Chairman said: “The Board would like to thank Malcolm for his valuable contribution, advice and support as we moved from a private company to a public company. We wish him every success for the future. We would also like to welcome Sarah to the Board. Her experience and understanding of the sector, having analysed and advised a broad range of financial services businesses, will be a valuable addition to the Board.”
About CMC Markets plc
CMC Markets plc, whose shares are listed on the London Stock Exchange under the ticker CMCX, was established in 1989 and is now one of the world’s leading online financial trading businesses. The company serves retail and institutional clients through regulated offices and branches in 14 countries, with a significant presence in the UK, Australia, Germany and Singapore. CMC Markets offers an award-winning, online and mobile trading platform, enabling clients to trade over 10,000 financial instruments across shares, indices, foreign currencies, commodities and treasuries through contracts for difference, financial spread bets and, in Australia, access stockbroking services.
For more information : http://www.cmcmarkets.com
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