Virgin Money UK PLC (ASX: VUK) Share Price and News

Mr Bennett has experience of retail banking, strategy, risk-management, corporate activity and organisation, operational and structural change gained from his long career in financial services. Prior to becoming Board Chair in 2020, David had been Deputy Board Chair since 2015 and therefore has the experience of the Group and track record needed to support the Board and executive in delivering the medium and longer-term strategy. His business career includes time as Group Finance Director of Alliance & Leicester plc for six years before becoming Group Chief Executive. Following the acquisition of Alliance & Leicester plc by Banco Santander he was Executive Director onBoard of Abbey National plc. He was formerly Chairman of Homeserve Membership Limited and Together Financial Services Limited, was a Non-Executive Director on the Board of Bank of Ireland (UK) PLC, Chairman of Ashmore Group plc and has Non-Executive Director experience in listed environments which has included easyJet plc and CMC Markets PLC. During his time at easyJet plc, David advocated research into alternatives to jet fuel and reducing fuel consumption in order to reduce the impact aviation has on climate change. David has experience working with various charities, supporting and promoting sustainability throughout the industry. External appointments include Chairman of Allfunds Group plc, Non-Executive Director of PayPal (Europe) S.a.r.l. et Cie, S.C.A., Chair of Paypal UK Ltd and Non-Executive Board member of Department for Work and Pensions. He is member of Governance and Risk Committee.

Mr Wade's background as an experienced Chief Financial Officer (CFO), his breadth of financial services experience and the industry knowledge he has gained from over 20 years at both executive and non-executive director level is excellent grounding for his role as Chair of the Audit Committee. His accounting, financial services audit, prudential oversight and corporate governance knowledge, including considerable experience as an audit committee chair, strengthen the Board. Tim's current roles are within companies in the financial services industry which have detailed commitments and programmes of work relating to ESG matters. His previous non-executive director roles include Macquarie Bank International Limited, Friends Life Group Limited, Monitise plc and The Access Bank UK Limited. He was a Managing Director at AMP Group, responsible for both its Bank and the Virgin Direct joint venture. Earlier in his career he was Group CFO at Colonial Limited in Melbourne, Australia where he oversaw the company's IPO and was involved in its acquisition by Commonwealth Bank. External appointments include Non-executive Director and Chair of the Audit Committee of RBC Europe Limited, and Non-Executive Director and Chair of the Audit and Risk Committee of Chubb Underwriting Agencies Limited and Senior Independent Director and Chair of the Audit Committee of ClearBank Group Holdings Limited. He is member of Governance and Risk Committee.

Ms Novokreshchenova has understanding of customer centric digital first organisations and the technology ecosystem gained over a 20-year international career, brings a wealth of experience to the Board. Elena's most recent role was Managing Director Europe Digital at Entain plc and before that she was Executive Vice President of International at Remitly a leading disruptor in the app first digital remittance space, appointed to internationalise, scale and drive company growth as a leading digital money transfer provider. Prior to this, Elena held senior tech product and general management positions at Expedia Inc. She also brings an invaluable strategic perspective from her time spent in the management consulting role at Strategy& as well as a strong financial acumen from her risk and debt finance roles at Barclays PLC. Elena is a strong advocate for diversity and inclusion in the technology sector 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. Elena has hired, scaled and managed multi-culture, ethnic, gender diverse pan-European teams and implemented a number of diversity and inclusion initiatives across the organisations she has worked in. She is member of Governance and Risk Committee.

Ms Weller is an independent Non-Executive Director of BT Group plc (BT) and a member of BT's Audit & Risk and Nomination Committee and she chairs the Responsible Business Committee. This committee develops and oversees BT's business approach to sustainability, including environmental commitments, diversity targets and social inclusion programmes. Sara is the Chair of the Money and Pensions Service, an arm's length body of the Department for Work and Pensions focused on improving financial capability and decision making of those most in need of help. Sara is also currently Chair of the Remuneration Committee at New College, University of Oxford. Sara's previous roles include managing director of Argos and various senior positions at J Sainsbury, including deputy managing director and serving on its board between 2002 and 2004. Sara was a Non-Executive Director of Lloyds Banking Group from February 2012 to May 2021, United Utilities Group from March 2012 to July 2020 and she was also a member of the Stop MS Campaign Board, part of the MS Society charity until July 2023. She was also the lead non-executive director at the Department for Work and Pensions from April 2017 until April 2020. She has also previously been a Non-Executive Director of Mitchells & Butlers and held senior management roles at Abbey National and Mars Confectionery. External appointments include Independent Non-Executive Director of BT Group plc, Chair of the Money and Pensions Service board and Chair of the Remuneration Committee at New College, University of Oxford. She is member of Governance Committee.

Mr Abrahams brings executive experience across international financial services to the Board. His broad knowledge gained as a Chief Financial Officer (CFO) of publicly listed financial services companies is of great value to the Board. Clifford's proven track record the delivery of commercial results, risk management and business change and development including digital propositions is crucial to supporting Virgin Money in the delivery of its strategy. Clifford is responsible for financial management and reporting, strategy, investor relations and sustainability. Prior to joining Virgin Money, Clifford was Group CFO at ABN AMRO Bank having joined in that role in 2017. Previous roles include Group CFO at the Dutch insurer Delta Lloyd Group, ten years at Aviva in several senior financial roles including CFO of Aviva Investors, CFO of UK & Ireland Life Insurance and CFO of UK & Ireland General Insurance. In the early part of his career Clifford spent 12 years at Morgan Stanley in the Financial Institutions Group, most latterly as Managing Director.

Ms Jones has more than 25 years executive-level experience in human resources roles. She was Chief People & Corporate Responsibility Officer at AXA UK and Ireland, part of the AXA SA Group from 2015 to 2022 where her role included responsibility for developing the environmental and social aspects of the corporate responsibility strategy, and Group HR Director for Towergate Partnership Co Ltd from 2011 to 2014. Prior to this, Lucinda was Group Global HR Director for Hays Plc and has also previously held human resources roles at RAC PLC, Consumer Division and Vivendi SA. She is currently Non-Executive Director and Chair of the Remuneration Committee at The Rank Group plc and Non-Executive Director on the board of trustees for Business in the Community where she is also Chair of the Remuneration Committee.

Ms Hoeken has experience in the financial services industry both in executive and nonexecutive roles at Dutch and international banks. She started her career in banking at ABN AMRO in 1986, in client relationship and product areas and moved into risk management at senior level. She lived and worked abroad for 14 years, in Madrid, Singapore, Frankfurt and New York, and returned to The Netherlands late 2006. There she served as global Head Sustainability for ABN AMRO in 2006-2007 and served as vice chair of the ABN AMRO Foundation and as member of the UN Advisory Council Her most recent senior executive roles were CRO (covering risk management, compliance and legal) at the Management Board of NIBC (2011-2016), and Rabobank Group (2016-2019), followed by a year as CRO at the (then listed) Intertrust Group. For well over 10 years Petra has had various non-executive board roles, including at the Nederlandse Waterschapsbank from 2015-2023 (including chair of the Risk Committee and member of the Audit Committee), within the Rabogroup at De Lage Landen Int BV from 2018- 2019 DLL and at Utrecht America Holdings Inc from 2016-2019. At NIBC she served in the supervisory boards of NIBC Deutschland AG and NIBC Singapore Pte Ltd (2012-2016). During her time at RBS Petra held several intra group non-executive roles, including for RBS Moscow and RBS Middle East. Petra is currently a member of the Supervisory Board, chair of the Risk and Compliance Committee and member of the Audit Committee at de Volksbank; non-executive board member, chair of the Risk and Compliance Committee and member of the Audit Committee at Nordea Bank; and non-executive board member, vice-chair of the Audit Committee and member of the Investment Committee and Impact Committee at Oranje Fonds. Petra is also an advisor to the Dutch Ministry of Economic Affairs & Climate as chair of the Advisory Committee for Credit; a member of the Donations Review Committee of the Leiden University.

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