IG Group (LON: IGG) announced the appointment of David Perry, the co-founder of the now-collapsed crypto platform Ziglu, as the new Group Chief Technology Officer, effective today (Friday).
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IG Strengthens Its C-Suite
The appointment came only a week after the London-listed company onboarded Michael Vaughan as the Chief Executive of its North American operations.
“David brings extensive CTO experience across the fintech and consumer digital sectors,” IG wrote in a LinkedIn post announcing the appointment of the new CTO.
Perry joined IG from Vemi Money, where he served as Group CTO since 2023. Before that, he co-founded Ziglu and sat on its advisory board for over four years. Although Robinhood wanted to acquire Ziglu in 2023, that deal collapsed, and the UK-based crypto firm eventually entered liquidation in May 2025.
Other brands he worked with include DANIEL, Opta6, Penta Consulting, and BJSS. He also had a short stint at Starling Bank as an Infrastructure Specialist. In the early years of his almost three-decade-long career, Perry worked with Barclays, the Royal Bank of Scotland, and several other mainstream financial institutions.
“His experience and leadership will be instrumental as we continue to execute on our strategy to grow active customer numbers and deliver the next phase of our growth,” IG added on Perry’s appointment.
IG’s Crypto Bet
The new CTO took charge as IG is investing heavily in crypto services. The broker, under the IG brand, first launched spot crypto services for its UK clients through its partnership with Uphold. However, it had already been offered in the US under the tastytrade brand.
Last month, IG Group agreed to acquire the Australian crypto exchange Independent Reserve in an £87 million deal. However, it will initially take a 70 per cent stake in the crypto exchange, while holding options to acquire the remainder based on the company’s performance.
IG also recently secured registration from the Financial Conduct Authority (FCA) as a crypto asset provider.
This article was written by Arnab Shome at www.financemagnates.com.
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