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.