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Clifford to head Virgin Money mortgage move

Virgin Money is to create a UK mortgage proposition headed by former Mortgageforce chief executive Rob Clifford.

Virgin says Clifford’s appointment does not mean that it will immediately enter the mortgage market but his expertise will help them develop a proposition.

Clifford says: “Having made massive emotional and physical investment in building businesses which became trusted and admired, there was no way I could miss an opportunity to become a custodian of one of the most powerful brands around. Virgin is all about being passionate, challenging and innovative and I am certainly up for the challenge.”

Clifford will become UK managing director from next year and report to executive chairman Jayne-Anne Gadhia. He will also be working across Virgin’s credit card, protection and investment propositions.

Gadhia says: “Rob Clifford has focused on value creation and will bring his vast experience of the UK financial services market to make a major contribution in shaping and growing the Virgin Money business.”

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