(9 May 2006 – Australia) Virgin Money has appointed David Wakeley as chief executive officer.The head role had been vacant since Rohan Gamble left in March this year. The decision was said to be mutual but it was inferred that Gamble, who had been CEO since Virgin Money’s Australian launch in 2003, was not the right man to take the company beyond the start up phase.
Virgin Money said Wakeley would drive Virgin Money’s future growth by leading the development of the company’s credit cards, superannuation, and home loans products as well as exploring new opportunities for the business.
Wakeley has worked at NRMA Motoring & Services, Allergan Australia & New Zealand and Coopers & Lybrand.
Virgin Management Asia Pacific CEO, David Baxby, said he was confident he had found the right person to “take the business to the next level as a leading broad-based provider of financial services in Australia”.