Virgin Money UK announces Elena Novokreshchenova to its Board as Independent Director

– UK, Leeds –  Virgin Money UK PLC (LON: VMUK) today announced the appointment of Elena Novokreshchenova to its Board as an Independent Non-Executive Director, effective from 22 March 2021.

She will also join the Governance and Nomination Committee and the Risk Committee, as well as the Boards of Clydesdale Bank PLC and Virgin Money plc.

“I am delighted to welcome Elena to the Board. Elena brings extensive experience in technology and customer-centric leadership from an international career spanning 20 years. As the Group continues to focus on navigating a challenging economic environment while delivering the best, full-service, digital banking experience in the market, Elena’s insights and expertise will be valuable assets to the Board.” said Group Chairman, David Bennett.

About Elena Novokreshchenova

Elena is currently EVP of International at Remitly, a leading disruptor in the app first digital remittance space. Before this, Elena held senior tech product and general management positions at Expedia Inc. Ms. Novokreshchenova has also worked at Strategy& (part of PWC) as a management consultant, having previously worked in Risk and Debt Finance roles at Barclays PLC. In the early part of her career, she spent five years working in Moscow for IMS Retail as Managing Director.

Elena Novokreshchenova said: “I’m excited to support Virgin Money UK in achieving its bold customer and digital ambitions. With a year of innovative Virgin, Money proposition launches underway, it’s a great time to join the Board and lend my skills and experience to disrupting the status quo in UK banking.”

Elena holds an MBA from London Business School and a Masters in Economics and is a member of the “Women in Payments Group” and the Worshipful Company of International Bankers. She is a regular speaker at technology summits and forums.

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