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Virgin Money ‘to have all-female leadership’

VIRGIN Money is reportedly set to be the first company among the UK’s biggest 350 public businesses to have an all-female leadership team.

The bank is close to naming former HSBC executive Irene Dorner (pictured) as its next chairman, according to Sky News.

Ms Dorner, who apologised to a US senate committee in 2012 over HSBC’s role in money laundering activities in Mexico, Iran and Syria, would replace Glen Moreno.

It comes as Virgin Money’s chief executive, Jayne-Anne Gadhia, claimed there was a culture of ‘pervading sexism’ in her former job at the Royal Bank of Scotland.

Ms Gadhia, who was with RBS between 2001 and 2007, told the Treasury select committee: ‘I remember a very senior woman being very upset telling me that she was expected to sleep with her boss. That sort of thing of course means there are issues for women progressing through financial services.’

RBS called the allegations ‘shocking and clearly unacceptable’ and called for any victims to come forward.