Virgin Money UK PLC announced the appointment of Lucinda Charles-Jones as an independent Non-Executive Director of the Company with effect from 22 January 2024. Once a transition and handover period are completed, Lucinda will replace Darren Pope as Chair of the Remuneration Committee with effect from 1 March 2024 subject to final regulatory approval. As announced by the Company on 4 May 2023, Darren Pope will remain on the Board as a Non-Executive Director.

Lucinda will also become a member of the Audit Committee, the Governance and Nomination Committee, the Risk Committee and of the Remuneration Committee pending her becoming Chair and will join the Board of Clydesdale Bank PLC all effective from 22 January 2024. Lucinda 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.