IWG plc announced Charlie Steel will join the Board prior to the end of 2022. Charlie will take over the CFO role from Glyn Hughes who will resign as a director of the company on that date to undertake a Chief Executive Officer (CEO) role in a non-listed company. Glyn will remain with the business for a transitional period to ensure a smooth handover.

Charlie joins the business from Babylon Holdings. As CFO at Babylon, Charlie was heavily involved in the formulation and execution of strategy and played a leading role in the build-out of teams, systems, processes and new geographies at the company. Prior to Babylon, Charlie was Global Head of Corporate Development at CMC Markets Plc and was also a Vice President in the Investment Banking Division at Deutsche Bank AG.