Amit Naker announced on LinkedIn today (Tuesday) that this week is his final
one at IG Group. His departure marks the end of a tenure that spanned about two
decades.
Naker wrote on the post: “This week marks my final one at IG
Group. It’s been an incredible ride. After nearly two decades, I’m taking a
short pause before my next gig.
Technology Risk Leadership and Offshore Transformation
Naker held several leadership roles across technology and
operations. Since June 2020, he served as Head of Technology Risk and Control.
In this role, he led a technology transformation that moved key functions
offshore, which he said saved £8 million and improved platform uptime. He also
implemented control processes aligned with FCA and DORA standards, resulting in
a significant drop in audit findings.
Before that, he was Head of Service Operations for nearly
four years. He helped establish a Security Operations function and led efforts
to improve incident response and disaster recovery. He also introduced changes
that reduced alert backlogs and enabled weekend trading.
You may find it interesting at FinanceMagnates.com: Tesla
Options Go Daily in Market First from IG Amid Campaign to Raise UK Retail
Investment.
Early Roles in Incident and Testing
Naker served as Head of Service Management for two years. He
oversaw the offshoring of operations, introduced ServiceNow to automate
workflows, and launched an application support unit that reduced developer time
spent on operations.
Earlier in his time at IG, he worked as an incident,
problem, and change manager, followed by roles in quality assurance and
software testing.
IG Launches Campaign to Promote Equity Investment
Recntly, IG launched a campaign encouraging a broader
discussion on the country’s preference for cash savings over equity investment.
The
“Save Our Stock Market” initiative includes a short film featuring Pat Cash.
IG points to official data showing higher long-term returns
from equities compared to cash savings, alongside a drop in stocks and shares
ISA subscriptions and reduced market activity, including fewer IPOs and company
listings in the UK.
This article was written by Tareq Sikder at www.financemagnates.com.
