Virgin Money appoints new Independent Non-Executive Director

02/09/2014

Olivia Dickson is appointed to the Board with effect from 1 September 2014

Virgin Money has today announced that it has strengthened its Board through the appointment of Olivia Dickson as an Independent Non-Executive Director. Olivia joined the Board on 1 September 2014 and will chair the Remuneration Committee.

Olivia is a Non-Executive Director and Chair of the Risk Committee of Canada Life Limited and a Non-Executive Director and Chair of the Actuarial Council of the Financial Reporting Council. In recent years Olivia has served as a Non-Executive Director of Investec plc, and has also been a member of the Regulatory Decisions Committee of the Financial Services Authority (now the Financial Conduct Authority).

Olivia’s executive career includes over ten years at JP Morgan, where she was a Managing Director and Head of European Derivatives Brokerage amongst other roles. She previously held positions at Kleinwort Benson.

Sir David Clementi, Chairman of Virgin Money, said: “I am delighted that Olivia Dickson has joined the Board of Virgin Money. Olivia’s vast experience and knowledge of the financial services industry will be invaluable to us as we move forward and continue to build the Company. This is an excellent appointment to the Board and I look forward to working closely with Olivia.”

Media Contacts
Virgin Money Press Office
Tel: 0191 279 4676
Email: press.office@virginmoney.com

NOTES TO EDITORS

1. Virgin Money Board

Following the appointment, the Virgin Money Board will comprise:

Sir David Clementi, Chairman
Jayne-Anne Gadhia, Chief Executive Officer
Lee Rochford, Chief Financial Officer
Norman McLuskie, Independent Non-Executive Director
Colin Keogh, Independent Non-Executive Director
Marilyn Spearing, Independent Non-Executive Director
Olivia Dickson, Independent Non-Executive Director
Gordon McCallum, Non-Executive Director
Patrick McCall, Non-Executive Director
James B. Lockhart III, Non-Executive Director

2. Olivia Dickson MA, MSc, CDipAF

Career history includes:

Current portfolio of appointments:

2011 –	CANADA LIFE LIMITED Non-Executive Director; Chair Risk Committee; Member Audit Committee
2012 –	THE FINANCIAL REPORTING COUNCIL Non-Executive Director; Chair Actuarial Council; Member Codes & Standards Committee

Non-Executive experience:

2011 – 2014	INVESTEC PLC / INVESTEC LIMITED Non-Executive Director; Member Audit and Remuneration Committees
2009 - 2012	THE MINEWORKERS’ PENSION SCHEME LIMITED Trustee Director; Chair Risk and Assurance Committee
2006 - 2013	THE FINANCIAL SERVICES AUTHORITY (now the Financial Conduct Authority) Member of the Regulatory Decisions Committee
2006 - 2012	INVISTA REAL ESTATE INVESTMENT MANAGEMENT HOLDINGS PLC Senior Independent Director; Chair Audit; Member Risk, Remuneration and Nominations Committees
2006 - 2009	AON LIMITED Non-Executive Director; Chair Risk & Compliance; Member Finance and Nominations Committees

Executive experience:

1998 - 2006	THE FINANCIAL SERVICES AUTHORITY - Senior Adviser
1987 – 1998	J.P. MORGAN, London - Managing Director - Head of Private Client Brokerage - European Infrastructure Programme Manager - Head of Derivatives Brokerage – London / Europe - Head of Derivatives Research
1982 - 1986	KLEINWORT BENSON, London - Credit and Market Risk Analyst – North American Banking Department

About Virgin Money

Virgin Money provides savings, mortgages, credit cards, pensions, investment and protection products
Virgin Money’s business ambition is to make “everyone better off” – this philosophy underpins our approach to business by offering good value to customers, treating employees well, making a positive contribution to society and delivering a profit to shareholders
Virgin Money is the official sponsor of the London Marathon, the biggest annual one-day fundraising event in the world. Virgin Money has helped London Marathon runners raise over £¼ billion through Virgin Money Giving, the not-for-profit online fundraising service, since 2010.
Virgin Money Holdings (UK) plc - Registered in England and Wales (Company No. 03087587). Registered Office - Jubilee House, Gosforth, Newcastle upon Tyne NE3 4PL.