REG - Virgin Money UK PLC Clydesdale Bank PLC - Directorate Change: CFO Departure
30/10/2024 08:15
For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241030:nRSd1049Ka&default-theme=true
RNS Number : 1049K Virgin Money UK PLC 30 October 2024
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:
Investors and Analysts
Richard Smith 07483 399303
Head of Investor Relations & Sustainability richard.smith@virginmoney.com
Company Secretary
Lorna McMillan 07834 585436
Group Company Secretary lorna.mcmillan@virginmoney.com
Media Relations
Press Office 0800 066 5998
press.office@virginmoney.com
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
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END BOAQKCBBABDDDKB