Financial services company IFG Group has appointed Paul McNamara as its new group chief executive - subject to regulatory approvals.

In a statement, the company said that Mr McNamara will join it on July 28. It added that its interim CEO, John Cotter, will continue in the role until then.

Mr McNamara is currently Managing Director of Investments and Insurance at Barclays and has previously held senior roles at Standard Life Group, HBOS, AXA UK, McKinsey & Company and Bank of Ireland Group.

The group's former CEO Mark Bourke left the company earlier this year.