IG Group Promotes Nazli Visne to Head Netherlands Operations

Spread betting and contracts for difference (CFD) provider IG Group has promoted its long-serving executive Nazli Visne to take on the role of its operations head in the Netherlands.

Nazli is a mainstay at the UK broker, having originally joined IG back in 2010 as content and marketing manager where she was responsible for eCRM, media planning and buying, web analyses, SEO, translations and social media.

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During this long stint, she worked her way up through several senior roles with the firm, culminating with the position of deputy head of IG Germany. Ms. Visne maintains its current role as deputy branch head with line management of sales teams and commercial responsibility. She leads a management team of 12 headcounts

Prior to IG, Nazli, a Turkish national, had spent nearly 10 years working for leading brands outside the financial services space, including Siemens, Adidas, among many others.

IG expects to leverage her expertise as the broker is expanding its market share into other European countries amid a shake-up of the investment market led by high-flying brokerage apps.

The Netherlands has been one the first countries selected by app-based services such as Freetrade for a wider European rollout of its low-commission trading platform.

Earlier last month, IG Group Holdings PLC (LON:IGG) reported solid revenues for the first quarter of its fiscal year. The broker took in revenue of £209.0 million, which is up 62 percent from £129.1 million in the corresponding period for last year.

The vast majority of IG’s proceeds came on from over-the-counter leveraged trading products, which includes contracts for difference and spread betting.

Britain’s biggest player in the spread betting sector, with a 40 percent share of the market, the company has also undergone several management changes over the last few months.

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