Profile: Virgin Money's proposed new chairman, Irene Dorner

- Leadership - Oct 25, 2017

Virgin Money is close to appointing Irene Dorner as its new chairman and non-executive director.

Dorner looks set to replace current incumbent Glen Moreno, who is to retire in 2018 - but what makes her the perfect person to fulfil the role?

Irene Dorner is widely regarded as one of the most powerful women in banking.

The Brit has held a number of positions around the world in a distinguished career that has prepared her perfectly for the chairmanship of the UK-based challenger.

Educated at Oxford University, Dorner started her working life in the legal sector, working for Midland Bank before it was acquired by HSBC.

There began her 32-year long stint with what would become one of the world's biggest banks, where she quickly proved her leadership credentials.

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Spells as Chief Operating Officer of Treasury and Capital Markets and General Manager of Marketing and Human Resources functions preceded key roles in both Malaysia and the United States.

After being appointed to run HSBC's whole operations stateside, Dorner announced her retirement from the company in 2014. 

Currently, she serves on the Board of Directors at AXA and Rolls Royce, while her appointment at Virgin Money wil complete the only all-female leadership team at a British bank.

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