The International Stock Exchange (TISE) has announced that the search is underway for a successor to current parent company CEO, Fiona Le Poidevin.
Mrs Le Poidevin is leaving the position to pursue a portfolio of non-executive directorships but will remain fully in post in the coming months to enable a smooth transition to her successor.
Jon Moulton, Chairman of The International Stock Exchange Group (TISEG), said: “Fiona has been instrumental in transforming the Exchange since she joined as CEO just over five years ago. In that time, we have seen consistent growth both in the number of listings on the Exchange and the profitability of the company, which is illustrated by the company’s market value rising tenfold in that period. We wish her well in the future and thank her for her productive efforts. The Board has now started a search for a new CEO to continue the development and growth of the business.”
Mrs Le Poidevin took up the role as CEO in January 2015. Shortly thereafter, the company opened its office in Jersey and in June 2016, the company listed on TISE.
Since that time, the group has opened an office in the Isle of Man and rebranded to reflect both the geographical expansion and the international nature of the client base. There are currently approximately 3,000 listed securities on TISE with a total market value of more than £350 billion.
Mrs Le Poidevin said: “I have thoroughly enjoyed my time at TISE in what has been a very challenging and rewarding role. I am extremely proud of what we have achieved as a team during the last five years. We have not only transformed the business and facilitated significant growth but we have also created a new brand that is well recognised and respected in the marketplace and which we have been promoting across the globe, including in the US and Asia. In addition, we have created opportunities for our people, increasing our staff numbers overall by more than 50% and fostering a positive culture which reflects our core values.”
Prior to joining the Exchange, Mrs Le Poidevin was Chief Executive of Guernsey Finance. Previously a senior tax manager with a ‘big four’ accountancy firm, she has more than 20 years’ experience working in financial services in both London and the Channel Islands.
