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Virgin Money’s Richard Tugwell resigns

Richard Tugwell MS Cover Index

Virgin Money director of intermediary sales Richard Tugwell is resigning.

A Virgin spokesman says Tugwell is looking for a new career challenge and will leave later in 2016.

The spokesman says: “This was entirely Richard’s decision and he will be missed. We wish Richard well for the future and thank him for his effort and commitment in developing the intermediary business over the past 30 years.”

Former investment and commercial partnership director David Buxton has joined the intermediary team as director of intermediary field sales and John Truswell will continue in his role as head of national accounts.

Both will both report to mortgage director Peter Rogerson.



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  • Tom O'Connor 2nd February 2016 at 12:30 pm

    Richard has been the driving force in Virgin’s intermediary business and it will not be easy to replace him, although John Trusswell’s pedigree with Northern Rock/Virgin Money is almost as long.
    Sincerely wish him well for the future.

  • Roger Morris 2nd February 2016 at 12:29 pm

    Richard is a truly amazing guy and will be a big loss.