Company Overview of Virgin Money Group Limited
Virgin Money Group Limited provides a range of retail banking services worldwide. It offers savings accounts, including easy access, fixed term, cash ISA, charity, business, and children’s accounts; residential and buy-to-let mortgages; credit and prepaid cards; travel, home, motor, and pet insurance; and investments comprising stocks and shares ISAs, unit trusts, personal pensions, pension annuities, and financial planning services. The company operates a network of 75 stores and 3 lounges. It distributes its products through online, post and telephone, and corporate partners. The company was formerly known as Virgin Direct and changed its name to Virgin Money Group Limited in January 2002....
Norwich, NR4 6EJ
Founded in 1995
Key Executives for Virgin Money Group Limited
General Counsel and Company Secretary
Compensation as of Fiscal Year 2013.
Virgin Money Group Limited Key Developments
Virgin Money Announces Management Appointments
Aug 23 13
Virgin Money has announced two new appointments to its executive team. Lee Rochford will join Virgin Money in October 2013 as Chief Financial Officer. He joins the company from Royal Bank of Scotland plc, where he was Head of the Financial Institution Group for Europe, the Middle East and Africa, having previously held senior roles at BNP Paribas, Credit Suisse and Wachovia Securities. Finlay Williamson will remain with the business as Finance Director. Michele Greene will also join Virgin Money in October 2013, as Director of Banking. Michele will assume responsibility for its future development. She will also assume responsibility for the launch and growth of the company's planned range of Current Accounts. Ms Greene joins Virgin Money from MBNA Limited, where she served as a member of the MBNA Board and has built significant experience in the development and growth of successful banking businesses.
Lee Rochford to Join the Board of Virgin Money Holdings (UK) Limited
Aug 23 13
Lee Rochford will join the Board of Virgin Money Holdings (UK) Limited. Mr. Rochford brings extensive experience of global financial markets to the team and has over 15 years' experience at Executive level. He joins the Company from Royal Bank of Scotland plc, where he was Head of the Financial Institution Group for Europe, the Middle East and Africa, having previously held senior roles at BNP Paribas, Credit Suisse and Wachovia Securities.
Nationwide Building Not To Acquire RBS's Branches
Dec 14 12
Nationwide Building Society has step back from the race to acquire 316 branches from The Royal Bank of Scotland Group plc .A spokesman for the group said it had decided against making an acquisition and would instead pursue an organic growth strategy for its business banking operations. J.C. Flowers & Co. LLC and Virgin Money Group Limited are understood to have lodged non-binding first-round bids with UBS AG, which is advising RBS on the sale process. JC Flowers and Virgin Money both declined to comment on December 13, 2012, Scotsman said.
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