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Virgin Money to form all female leadership team

Staff Writer |
Virgin Money (Holdings) is lining up a former HSBC Holdings executive as its next chairman in an appointment that will complete the only all-female leadership team among the UK's 350 biggest public companies, Sky News reported.

Sky News said it has learnt that the bank is close to naming Irene Dorner as Glen Moreno's successor.

The appointment, which is subject to regulatory approval, is expected in the next few weeks, according to City sources, Sky News said.

If Dorner is appointed, she will join Chief Executive Officer Jayne-Anne Gadhia at the helm of Virgin Money, steering the lender which acquired part of Northern Rock from the UK government in the aftermath of the financial crisis.

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