Virgin Money Holdings names Glen Moreno as Chairman of its Board of Directors

– UK, Newcastle Upon Tyne – Virgin Money Holdings (UK) plc is pleased to confirm the appointment of Glen Moreno as Chairman of the Company with effect from 21 May 2015. Glen was appointed as an independent Non-executive Director on 1 January 2015 and, as previously announced, succeeds Sir David Clementi who will retire from the Board of Directors on 30 June 2015. Glen will also serve as Chairman of the Nomination Committee.

Glen is currently chairman of Pearson PLC and it was announced in April 2015 that he would step down from the Pearson PLC Board within the next twelve months. Glen is also a non-executive director of Fidelity International Limited. He has more than forty years’ experience in business and finance.

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