Major bank to lose CFO

Major bank to lose CFO




Virgin Money Holdings has announced its Chief Financial Officer is to step down.

<
p>Virgin Money Holdings has announced its Chief Financial Officer is to step down...

Lee Rochford will also step down as an Executive Director of the company after he led Virgin through its Initial Public Offering (IPO) in November.

Since the completion, Lee felt it was the right time to stand down with immediate effect, with his position being filled by Dave Dyer for an interim period.

"I am proud of what we have delivered together at Virgin Money in the past two years, and I have achieved what I set out to do when I joined the business,” said Lee.

“I am ready now for a new challenge outside of Virgin Money and I wish Jayne-Anne and all of the team every success for the future."

Jayne-Anne Gadhia, Chief Executive, said: "I have known Lee for many years, and together we achieved the successful listing of Virgin Money on the London Stock Exchange.

“Lee made an invaluable contribution to our IPO and to our first year as a listed business."

Glen Moreno, Chairman of Virgin Money, added: “I would like to thank Lee for his contribution, both to the Board and as Chief Financial Officer, and wish him well for the future.”

Virgin is currently undertaking a search for a replacement for Lee as he remains until the end of his notice period to support Dave in his role.

Leave a comment