Virgin Money Australia has appointed David Wakeley as its new chief executive starting June 2006.
Wakeley will steer Virgin Money’s future growth by leading the development of Virgin Credit Cards, Virgin Superannuation and Virgin Home Loans and exploring new product opportunities for the business.
According to Virgin, Wakeley brings extensive commercial and finance experience to the role, gained through leadership positions with NRMA Motoring & Services, Allergan Australia & New Zealand and Coopers & Lybrand — now PricewaterhouseCoopers.
Virgin Management Asia Pacific chief executive, David Baxby said that Wakeley joins Virgin Money at an exciting time for the business, which continues to receive an overwhelmingly positive response to its new Virgin Home Loans offering.
“I am confident we have found the right person to capitalise on Virgin Money’s success to date and take the business to the next level as a leading broad-based provider of financial services in Australia,” Baxby concluded.
By Kathryn O’Meara
