(Sharecast News) - IG Group said chief executive June Felix would step down at the end of September due to ill health.

The company said it had appointed recruitment specialists Russell Reynolds to undertake a "comprehensive search process" and expects to appoint a permanent CEO in the coming months.

In the meantime, Charlie Rozes will continue in his current role as acting CEO and chief financial officer, IG said.

Reporting by Frank Prenesti for Sharecast.com