Source - LSE Regulatory
RNS Number : 0232R
Virgin Money UK PLC
03 March 2021






(Company or Virgin Money UK)


LEI: 213800ZK9VGCYYR6O495


3 March 2021


Virgin Money UK appoints Elena Novokreshchenova as Non-Executive Director


Virgin Money UK announces the appointment of Elena Novokreshchenova as an independent Non-Executive Director and member of the Governance and Nomination Committee and of the Risk Committee effective from 22 March 2021. She will also join the Boards of Clydesdale Bank PLC and Virgin Money plc.


David Bennett, Group Chairman, said: "I am delighted to welcome Elena to the Board. Elena brings extensive experience in technology and customer-centric leadership from an international career spanning 20 years. As the Group continues to focus on navigating a challenging economic environment while delivering the best, full-service, digital banking experience in the market, Elena's insights and expertise will be valuable assets to the Board."


Elena Novokreshchenova said: "I'm excited to support Virgin Money UK in achieving its bold customer and digital ambitions. With a year of innovative Virgin Money proposition launches underway, it's a great time to join the Board and lend my skills and experience to disrupting the status quo in UK banking."


There are no matters requiring disclosure under Listing Rule 9.6.13R.


Biographical information


Elena is currently Executive Vice President of International at Remitly, a leading disruptor in the app first digital remittance space. Prior to this, Elena held senior tech product and general management positions at Expedia Inc. Ms. Novokreshchenova has also worked at Strategy& (part of PWC) as a management consultant, having previously worked in Risk and Debt Finance roles at Barclays PLC. In the early part of her career she spent five years working in Moscow for IMS Retail as Managing Director. Elena holds an MBA from London Business School and a Masters in Economics 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.


Announcement authorised for release by Lorna McMillan, Group Company Secretary.


For further information, please contact:


Investors and Analysts

Richard Smith

07483 399303

(Interim) Head of Investor Relations

Company Secretary

Lorna McMillan

07834 585 436

Group Company Secretary

Media Relations

Press Office

0800 066 5998


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