20 Facts About Glen Moreno

Glen Richard Moreno was born on 24 July 1943 and is an American businessman.

Glen Moreno has been Chairman of Virgin Money UK since May 2015.

Glen Moreno graduated with a Bachelor of Arts degree from Stanford University in 1965 and was a Rotary Foundation Fellow at the University of Delhi in 1966.

Glen Moreno achieved a Juris Doctor from Harvard Law School in 1969.

Glen Moreno worked for 18 years at Citigroup in Europe and Asia, running the investment banking and trading divisions and becoming a group executive.

Glen Moreno is a director of Fidelity International, chairing its audit committee, and was their chief executive from 1987 to 1991.

Glen Moreno is said to be largely responsible for the rapid growth of Fidelity during that period.

In October 2005 Glen Moreno was appointed as Lord Stevenson's replacement as chairman of Pearson PLC, after a 5-month search.

Glen Moreno's appointment came as something of a surprise to the business world as he was not widely known in the United Kingdom and he was described by The Guardian as an "unknown quantity".

Glen Moreno is a senior independent director of Man Group plc, having been a non-executive director there since 1994, and persuaded the group to co-sponsor the Man Booker Prize for literature.

Glen Moreno is a governor of the Ditchley Foundation and a director of the Royal Academy of Dramatic Art.

Glen Moreno was appointed a non-executive director of UK Financial Investments Limited, a company established by the British government to manage its shareholding in nationalised banks.

Glen Moreno became the acting chairman of the company when Sir Philip Hampton became chairman of the Royal Bank of Scotland.

Glen Moreno quit as acting chairman on 11 February 2009 after HM Treasury said that it would appoint a new permanent chairman.

Glen Moreno had been appointed as a trustee of LGT in 1999, at the same time joining the parent body Prince of Liechtenstein Foundation.

Glen Moreno sat on the LGT's development and compensation committee, which determined executive pay, and advised on investment strategy and policy.

Glen Moreno was renumerated with a salary of Swiss Fr130,000 per year.

Glen Moreno has stated that he had no knowledge of the individual LGT clients.

Glen Moreno's continued employment at the head of UKFI was criticised by the Conservative Party due to his links with LGT.

Glen Moreno was appointed as senior independent director of Lloyds Banking Group in February 2010, and Deputy Chairman of the Financial Reporting Council in November 2010.