VIRGIN MONEY UK PLC
(Company or Virgin Money)
LEI: 213800ZK9VGCYYR6O495
30 October 2024
Directorate Change: Chief Financial Officer
Departure
Virgin Money announces that Clifford
Abrahams, Chief Financial Officer (CFO), has informed the Board of
his decision to step down from his position. Clifford will be
leaving the Company to pursue a new opportunity at another
organisation.
Clifford will remain with the
Company as CFO and an Executive Director of the Company and of
Clydesdale Bank PLC until 15 December 2024, ensuring a smooth
transition to Gergely Zaborszky, who will become an Executive
Director and assume the role of CFO, subject to regulatory
approval.
Gergely is currently Head of
FP&A and Capital Management at Virgin Money. He was previously
at GE where he held a number of senior roles, most recently CFO
Imaging at GE Healthcare.
The Board wishes to express its
gratitude to Clifford for his dedication and significant
contribution to the Company during his tenure as CFO and wishes him
every success in his future endeavours.
David Bennett, Board Chair, said:
"In his time at Virgin Money
Clifford has been instrumental in driving strategic change at the
organisation and has brought discipline and focus to the finance
function. He has been a great colleague and on behalf of the Board
I wish him well for the future. I'm pleased that we have identified
such a strong successor and look forward to working with Gergely as
the business moves to its next phase of
development."
Announcement authorised for release
by Lorna McMillan, Group Company Secretary.
For further information, please
contact:
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Investors and
Analysts
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Richard Smith
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07483 399303
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Head of Investor Relations &
Sustainability
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richard.smith@virginmoney.com
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Company
Secretary
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Lorna McMillan
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07834 585436
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Group Company Secretary
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lorna.mcmillan@virginmoney.com
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Media
Relations
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Press Office
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0800 066 5998
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press.office@virginmoney.com
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Virgin
Money UK PLC is registered in England and Wales (company number:
09595911) and has its registered office at Jubilee House, Gosforth,
Newcastle upon Tyne, NE3 4PL