Sir Brian Pitman will join the board as chairman and Norman McLuskie and Colin Keogh are set to be named as non-executive directors.
Pitman became chief executive of Lloyds Bank in 1983 and was appointed chairman of Lloyds TSB in 1997. In November last year he became an FSA adviser on effective governance in financial institutions and he also holds senior roles at Morgan Stanley and Carphone Warehouse.
McLuskie and Keogh have clocked up more than four decades between them at Royal Bank of Scotland and Close Brothers respectively.
Virgin Money also confirmed that its offer for Church House Trust, first revealed last month, has been declared unconditional in all respects.
Jayne-Anne Gadhia, chief executive of Virgin Money, said: “The completion of the Church House Trust deal and these appointments are significant milestones for Virgin Money. The demonstrable experience of the executive team and board makes us certain we can make a positive difference in UK banking.”
